Devon land and property going under the hammer
Lots for sale in east Devon at 250th auction by Clive Emson Auctioneers
Four recently refurbished flats in Exmouth are set to draw interest from investors at auction. (WED JUNE 12)
They have a freehold guide price of £365,000 plus in the latest sale by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.
The apartments – arranged over three floors in a property in Victoria Road – are already let to tenants at £38,700 per annum.
Senior Auction Appraiser Audrey Smith said: “This recently refurbished, spacious property is expected to appeal to investment landlords at auction.
“It comes to auction with existing tenants, giving the purchaser an immediate return on their investment.”
Three of the flats have one bedroom, while the fourth has two bedrooms.
Watch the video: https://www.cliveemson.co.uk/properties/250/143/
------
In Honiton, a freehold parcel of land, two barns and woodland have a guide of £200,000 plus.
The plot – measuring 0.45 hectares (1.34 acres) – has planning permission for change of use to flexible commercial use for a guesthouse.
It is located in a semi-rural location on the outskirts of Honiton, opposite Hembury Close in Broadhembury.
Also in Honiton, a three-storey commercial property in a prime location in the town centre has a freehold guide of £155,000 plus.
The well-presented premises at 98 High Street, include retail space, store rooms, offices, WC, shower and staff room.
Audrey said: “This is a well-presented mid-terrace commercial property in a prime location in Honiton town centre.
“The property is likely to be of interest in its current guise or there could be potential for development, subject to all necessary consents being obtainable.”
It is being auctioned in arrangement with Statton Creber Commercial of Exeter.
Watch the video: https://www.cliveemson.co.uk/properties/250/41/
------
In Sidmouth, two neighbouring town centre flats in the High Street are going under the gavel.
On the ground floor, one of the one-bedroom apartments has a leasehold guide of £130,000 plus. The second, on the first floor, has a leasehold guide of £150,000.
They are expected to appeal to owner-occupiers and investors. Each has the remainder of a 999-year lease from 2023.
Watch the video: https://www.cliveemson.co.uk/properties/250/14/
+++
A cottage in a ‘picturesque’ village near Holsworthy has a £130,000 freehold guide price at auction. (WED JUNE 12)
Clematis Cottage, in Clawton, is among 174 lots in the latest sale by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.
Auction Appraiser Steve Appleby said: “This is a recently refurbished two-bedroom cottage is in the centre of a picturesque village.
“It comes with parking, a courtyard and a garden with a lawn and large storage shed. We expect interest from owner-occupiers as well as investors.”
Clematis Cottage is being auctioned in arrangement with Webbers of Launceston.
Watch the video: https://www.cliveemson.co.uk/properties/250/25/
+++
Lot for sale in Tavistock at 250th auction by Clive Emson Auctioneers
A retail unit with potential at the heart of Tavistock town centre is coming to auction.
The double-fronted property in West Street has a leasehold guide price of £95,000 to £105,000.
It is among 174 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.
Auctioneer David Henwood said: “The premises offer substantial accommodation at ground floor level with ancillary space located on the first floor.
“A programme of improvement works is required and some may wish to consider sub-division of the retail unit to create two smaller units, subject to all necessary consents.”
The property is being auctioned jointly with Miller Commercial of Truro.
Watch the video: https://www.cliveemson.co.uk/properties/250/64/
+++
Lots in Exeter for sale at 250th auction by Clive Emson Auctioneers
Investors are expected to show interest in an Exeter property with five apartments and gardens at auction.
Located on Clifton Hill, the building – which is fully rented out to tenants – has a freehold guide price of £300,000.
It is among 174 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 is a substantial semi-detached period property in a popular residential area.
“It is close to the city centre, RD&E hospital, Belmont park and local amenities. The property is fully let at £37,500 giving an immediate return on investment to its purchaser.
“We expect strong interest from investment buyers, including some who may see the opportunity for reconfiguration or redevelopment of its current accommodation, subject to the necessary consents.”
The fully let self-contained flats are set out over five floors, and there are also gardens and off-road parking.
The property is being auctioned in arrangement with Cooksleys Residentia Sales and Lettings of Exeter.
Watch the video: https://www.cliveemson.co.uk/properties/250/74/
Also in Exeter, parcels of freehold land are being offered together with a nil reserve price.
The collection of land and verges are in the Linnett Close and Plassey Close area to the south of Stoke Valley Road.
Audrey said: “There are a variety of plots including some which may have potential for some form of use, subject to the necessary consents.
“Occasionally we place a nil reserve on lots and let the market dictate the price. Generally, we find that land of this type in residential locations tends to prove popular at auction.”
+++
Torquay lot for sale at 250th auction by Clive Emson Auctioneers
A ‘substantial residential development’ with ‘outstanding views’ in Torquay is coming to auction with planning permission for 12 apartments. (WED JUNE 12)
With a freehold guide price of £800,000, it comprises three properties at 48-50 The Terrace and 5 Montpellier Road.
The property currently has a range of offices, store rooms and conference rooms over its five floors but also has listed building consent for change of use and planning permission for flats.
Senior Auction Appraiser Audrey Smith said: “This is a substantial residential development opportunity comprising three properties.
“To the front of the development at 48-50 The Terrace are two substantial bow-shaped, south facing terraced properties arranged over five storeys which have many original period features.
“At the rear of the building is the adjoining 5 Montpellier Road, which also forms part of the development.
“The terrace is situated in an elevated position in Torquay town centre with outstanding views overlooking the harbour and to the sea.”
Plans for the development show five one-bedroom flats, six two-bedroom flats and one three-bedroom flat.
Watch the video: https://www.cliveemson.co.uk/properties/250/89/
+++
Lots in Torquay for sale at 250th auction by Clive Emson Auctioneers
A commercial property in Torquay town centre with new planning permission for two flats could tempt buyers at auction.
The multi-faceted property at the top of Union Street, opposite Torquay Town Hall, has a freehold guide price of £140,000 plus.
Arranged over five floors at the front and three to the rear, it includes offices, store rooms and a large garage.
Planning permission was granted in April of this year for conversion of the first and second floors into two flats.
Senior Auction Appraiser Audrey Smith said: “This is an ideal opportunity for those looking for an investment.
“In addition, builders may see potential for the development of the building’s upper floors into the two residential flats under the planning approval.
“There is further potential for the large garage, workshop and store to the rear of the building, subject to all the necessary consents.”
It is being auctioned in arrangement with Bettesworths of Torquay.
Watch the video: https://www.cliveemson.co.uk/properties/250/130/
Also in Torquay, a detached house with a swimming pool in grounds of a third of an acre has a freehold guide of £400,000 plus.
Rockwood Lodge in Vane Hill Road, has three bedrooms, offroad parking, garage and private gardens.
Audrey said: “This detached property offers spacious accommodation which would now benefit from a programme of refurbishment throughout with potential to extend, subject to all the necessary consents.
“We expect it to appeal to owner occupiers as well as builders for post works sale.”
Rockwood Lodge is being auctioned in arrangement with John Lake Estate Agents of Torquay.
Watch the video: https://www.cliveemson.co.uk/properties/250/128/
The June auction is Clive Emson Auctioneer’s 250th since it was founded in 1989.
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 fourth of the year, goes live on Monday June 10 and ends on Wednesday June 12.
See https://www.cliveemson.co.uk for more details.