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Lot 4 Sold: £185,000

32 Cambridge Road, Torquay, Devon TQ1 4QN

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Lot 4

Freehold – 2 Flats & 2 Garages let on ASTs with Development Potential
In the same ownership for almost 20 years
6 Week Completion

Situation

Located on the corner with Hilly Gardens Road in this residential area less than 1½ miles from Torquay town centre, within walking distance of Torquay Golf Club and well located for Oddicombe and Watcombe Beaches.
Torquay is a popular coastal resort, dubbed the ‘English Riviera', situated on the south coast of Devon approximately 18 miles south of Exeter and 28 miles east of Plymouth.

Property

An end of terrace building comprising 2 Self-Contained Flats on ground and first floors, each with gas central heating and uPVC double glazing, together with 2 Garages fronting Hilly Gardens Road (see Note 1). In addition, the ground floor flat includes a hard standing area for parking 2/3 cars and the first floor flat includes a small private garden.

VAT is NOT applicable to this Lot

FREEHOLD

Note 1: There may be potential to build a separate residential unit on the site which currently houses the garages, subject to obtaining possession and the necessary consents.

Note 2: A 1 bed flat at Sunnyside, in the adjacent Hartop Road, sold in January 2020 for £115,000 (source: www.rightmove.co.uk).

Enquire about this lot:

Photo of John Barnett

John Barnett
020 8492 9449
jbarnett@barnettross.co.uk

Photo of Steven Grossman

Steven Grossman
020 8492 9449
sgrossman@barnettross.co.uk

JOINT AUCTIONEER:
Athawes, Son & Co

Tel: 020 8992 0056   Ref: Mark Stevens
mark@athawes.co.uk

*Please note:

RESERVE

The 'Reserve' is the minimum figure for which a property can be sold as agreed between the Seller and the Auctioneer. The 'Reserve' is not disclosed and remains confidential between the Seller and the Auctioneer.

GUIDE

Where a 'Guide' is stated, it is an indication of the Seller's current minimum acceptable price ('Reserve') at auction. A 'Guide' is published to assist prospective buyers in deciding whether or not to pursue a purchase.

A 'Guide' does not represent an anticipated sale price or a valuation and the eventual sale price may be higher or lower. The sale price is determined at auction and as such cannot be predicted in advance.

The 'Guide' can be published as follows:

  • a. 'Reserve below' which means the 'Reserve' will be below the shown amount.
  • b. A single price figure where the 'Reserve' is not to exceed it.
  • c. A single price figure with a + symbol where the 'Reserve' is not to exceed that figure by more than 10%.
  • d. A minimum and maximum price range where the 'Reserve' is to be within that range.

The Seller's expectation as to the sale price may change during the marketing period as a result of interest received from prospective Buyers. Therefore, the Seller may increase or decrease the 'Reserve' at any time up to just before bidding commences. If the 'Reserve' becomes fixed at a level that makes the 'Guide' misleading, the Auctioneers will subsequently issue a revised 'Guide' as soon as is practicable. Accordingly, prospective bidders should monitor the 'Guide' with the Auctioneers prior to the Auction taking place via this website.

In addition to the purchase price the Buyer or Bidder will be liable to pay Barnett Ross Ltd a non-refundable administration fee of £1,000 including VAT or as specified on the Particulars of Sale and there may also be additional non-optional fixed or variable fees and costs. To establish the full cost of purchasing a property please inspect the special conditions of sale and all other documentation in the legal pack. Please also refer to any addendum that may be displayed on this page.