Devon house to draw bids

A well-located house in Exeter, Devon, is going under the auctioneer’s gavel with a freehold guide price of £170,000 plus. (WED MARCH 20)

The two-bedroom terrace in Pinhoe Road is among 145 lots listed in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.

Senior Auction Appraiser Audrey Smith said: “This spacious bay-fronted property is expected to draw keen interest at auction.

“It is located within easy access of the city centre, university and the M5 so will appeal to a number of potential owners.

“There is also potential for extending the property to the rear and into the roof space, subject to all of the necessary consents.”

The house is being auctioned in arrangement with Cooksleys Estate Agents of Exeter.

Watch the video: https://www.cliveemson.co.uk/properties/248/13/

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Barnstaple house for auction

A terraced house for improvement in Barnstaple, Devon is heading for auction. (WED MARCH 20)

The three-floor property in Richmond Street is among 145 lots listed in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.

 

 

 

 

 

 

 

It has a freehold guide price of £70,000 plus.

Auctioneer David Henwood said: “This house offers flexible accommodation over three floors in the popular north Devon town of Barnstaple.

“It requires a comprehensive programme of improvement and also offers potential for subdivision into two flats, subject to all the necessary consents.”

As well as three rooms on its first floor, the house also has two attic rooms.

It is being auctioned in arrangement with Midwinter Koval of Barnstaple.

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Mixed-used property set for sale

A substantial, mixed-use property in Paignton, Devon, is expected to draw interest from investors at auction. (WED MARCH 20)

The two-storey premises in Winner Street is listed with a freehold guide of £60,000 plus in the latest auction being held by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.

Its ground floor is a double-fronted retail unit, previously used as two shops, and its first floor is a flat which is let at £6,240 per year.

Senior Auction Appraiser Audrey Smith said: “This is a substantial end-terrace property in a busy part of Paignton.

“It requires complete refurbishment although there is scope for a range of development schemes, subject to the necessary consents.

“It comes to auction with the benefit of the existing let of a flat, meaning the new owner will see an immediate return on their investment.”

Also in Paignton, a semi-detached house in Colley End Park has a freehold guide of £155,000 plus.

Audrey said: “This three-bedroom house has outstanding views towards the sea from a popular location close to the town centre.

“It is considered that the property would be suitable for a side extension and garage, subject to all necessary consents, to create a pleasant family home although interest may also come from the building fraternity for post-works sale.”

Watch the video: https://www.cliveemson.co.uk/properties/248/59/

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Plymouth flat for investment

An investment property in Plymouth, Devon, is going under the hammer with a leasehold guide price of £70,000 to £80,000. (WED MARCH 20)

The two-bedroom flat is on the third floor of a purpose-built block in the Stoke area of the city. It already returns rent of £9,000 per annum from a tenant on an assured shorthold tenancy agreement.

Auctioneer David Henwood said: “This flat would make the perfect property for a new or growing portfolio.

“Property of this calibre continues to remain in demand from investors who see the value in rental yield and long term capital growth.”

The flat is being sold with a 125-year lease from June 2015.

Clive Emson Auctioneers holds auctions eight times a year offering specialist advice for auction purposes with offices in Essex, Kent, Sussex, Hampshire and the West Country, selling with skill, speed and efficiency.

Bidding for the current auction, the second of the year, goes live on Monday March 18 and ends on Wednesday March 20.

See https://www.cliveemson.co.uk for more details.