1 bed property for sale

Canal Hill, Tiverton EX16

Summary

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid 40,000

This beautifully presented one-bedroom flat offers a superb opportunity for buyers aged 55 and over only, providing modern, low-maintenance living in a well-maintained and highly convenient location. Please note that the property cannot be purchased by a company, making it suitable for owner-occupiers seeking a comfortable and secure home. The flat boasts a spacious layout with generously sized living areas, thoughtfully designed to maximize comfort and practicality. Stylish interior finishes are enhanced by an abundance of natural light, creating a bright and welcoming atmosphere throughout.

The open-plan living and dining area offers an ideal space for relaxing or entertaining, seamlessly connected to a contemporary kitchen fitted with integrated appliances and sleek cabinetry that combine functionality with modern appeal. The well-proportioned double bedroom benefits from ample storage solutions, ensuring a clutter-free living environment. A modern bathroom, finished to a high standard, features quality fixtures and fittings, adding a touch of everyday luxury.

The property is easy to manage and perfectly suited to those seeking a low-maintenance lifestyle within a supportive residential setting. Its prime location provides convenient access to local shops, services, and transport links, making daily errands and travel straightforward. With its combination of contemporary design, practical layout, and age-restricted ownership, this apartment represents an excellent opportunity for eligible buyers seeking comfort, convenience, and long-term security. Early to fully appreciate all that this appealing home has to offer.

For sale through Pattinson Auction under Conditional Terms.
Council Tax Band: A
Tenure: Leasehold
Length of Lease: 82
Annual Ground Rent Amount: 500.00
Annual Service Charge Amount: 3,912.00

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.