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22 Thatcher View, Middle Lincombe Road, Torquay TQ1 2AW

Lot no: 102 Available for £130,000
 

Guide Price £120,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 21st November 2024

9.00am
Key Features
  • Over 55s apartment
  • High specification one bedroom apartment with parking
  • Prime location with stunning sea views
  • Rare opportunity
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Available for £130,000

Retirement property

Property Description:

A one bedroom apartment located in a unique Retirement Village offering secure over 55s accommodation with impressive views and benefitting from an allocated parking space, along with well maintained communal gardens for residents to enjoy.

The scheme offers 23 coastal homes designed exclusively for retirement living. This unique development offers a distinctive concept, providing residents with the choice between an independent lifestyle and personalized services tailored to individual needs.

The apartment benefits from high spec finishings along with a communal lift for access, keypad entry system along with gas central heating.

There is a modern kitchen with integrated appliances and dishwasher.

A spacious bedroom with sea views, along with a bathroom with contemporary shower and concealed cistern WC.

Residents have access to a communal roof terrace, providing an elevated vantage point to appreciate the stunning surroundings. Additionally, a fully equipped gym caters to community health and wellness needs.

Thatcher Views prime location on Middle Lincombe Road places it close to Wellswood, renowned for its village-like ambiance. Meadfoot Beach, a short distance away, offers access to the South Devon Coastal Path. For a vibrant waterfront experience with an array of cafes, bars, and restaurants, Torquay harbourside is easily reachable. The town of Torquay provides an ideal coastal living environment, offering a plethora of leisure and sporting activities, excellent shopping options, and a diverse dining scene. Excellent transportation links include a rail connection to the intercity network at Newton Abbot. In addition, there is the South Devon Highway, providing improved access to Exeter and the M5 motorway bypassing Kingskerswell village.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Leasehold Information

125 years from 1 July 2012. Service Charge: £5,112 per year. Any ground rent and service charge review periods will be confirmed in the lease documents within the legal pack.

Conservation Area:

Lincombes.

Flood Risk

Rivers and Seas No Risk. Surface Water Very Low.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available.

Broadband (estimated speeds)

Standard 8 mbps. Superfast 39 mbps.

Satellite and Cable TV Availability

BT and Sky are available.

Construction Material

Timber frame, as built, insulated (assumed). Information taken from the EPC.

Tenure:

Leasehold. Vacant possession upon completion.

Unexpired Years

112


  • Heating Supply: Central, Double Glazing, Underfloor Heating
Parking Arrangements

Allocated



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.