Network Auctions have listed a one bedroom second floor flat with sea views with a guide price of just £59,000+ to be sold in their online auction on 21 May. The flat, situated in Model Cottages, Daimonds Lane, Teignmouth is located on a quiet street yet close to the town centre, station, seafront and beaches.

Toby Limbrick, Director said, ‘This flat comes to the market at a perfect time when people are thinking of summer holidays. Teignmouth is a stunning coastal town popular with holidaymakers who love the long sandy beaches and lush Devon countryside. Hopefully we will soon see restrictions lifted and the new owner will enjoy many happy years here. Alternatively, if an investor were to purchase, we estimate the rental to be £450pcm.’

‘The flats at Model Cottages usually sell well but in this current climate, we have to adapt our pricing. There is another flat listed in the building which is on the market for £90,000. In August 2018, a one bedroom flat sold for £97,950.’

‘The flat we are selling is well presented with modern fixtures and fittings, UPVC double glazing, is a virtual freehold, currently vacant and comes with the benefit of sea views – perfect for long summer evenings!’

Network Auctions will be selling the property in an online auction on 21 May. Register for interest www.networkauctions.co.uk