Three-Bedroom Ground Floor Maisonette with Estuary Views in Teignmouth
A fantastic opportunity to purchase a spacious three-bedroom, ground-floor maisonette offering beautiful views over the River Teign estuary. While the property is in need of modernisation, it provides a blank canvas for those looking to update and create their ideal home in a prime location.
The accommodation includes a large sitting room with stunning river views, a spacious kitchen, three bedrooms and a bathroom. With some refurbishment, this home could be transformed into a modern family residence or holiday retreat.
Teignmouth is a charming coastal town with a vibrant community, offering beautiful beaches, scenic walks, and great local amenities. The town is well-connected with a train station offering easy access to Exeter, and Dartmoor National Park is just a short drive away. Whether for a relaxing lifestyle or outdoor adventures, Teignmouth offers the perfect backdrop.
This property offers huge potential for those looking to invest and modernise in a highly desirable location.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers' solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
