Devon properties set to go under hammer at auction
Property with potential at auction
A mixed-use property with a four-bedroom house and commercial unit is heading to auction. (FRI NOV 1)
Located in Walnut Road in Chelston, it has a freehold guide price of £230,000 to £240,000.
It is among 170 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.
Auction Appraiser James Lofthouse said: “The property offers great potential for a number of schemes.
“It has a self-contained commercial unit which could be used as a shop or offices plus a separate four-bedroom house just behind.
“There’s a clear owner-occupier opportunity for both components although they could also be let out, either together or separately.
“Alternatively, some may see sub-division of the house and even conversion of the commercial unit for residential use, all subject to the necessary consents.
“The properties are in a popular area and close to independent businesses and leading national chains as well as the seafront and train station.”
Watch the video: https://www.cliveemson.co.uk/properties/253/30/
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In Buckfastleigh, a two-bedroom cottage in Orchard Terrace has a freehold guide of £100,000 plus.
It has a front courtyard and rear garden as well as a strip of land. The property is currently let at £6,900 per annum, or £575 per month.
Watch the video: https://www.cliveemson.co.uk/properties/253/137/
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Ready for auction
From small acorns grow mighty oaks – a cottage with land offers potential in north Devon.
Acorn Cottage at Newtown, Bishops Nympton, South Molton is coming to auction with a freehold guide price of £115,000 plus.
The lot comprises an end-terrace house with a large rear garden plus a separate paddock close by.
It is among 170 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 rare opportunity to acquire a dual-component property and paddock.
“The end-terrace cottage is arranged over two storeys and now requires a programme of refurbishment and repair works.
“It benefits from a large rear garden so some may see the potential for extending the property, subject to all the necessary consents.
“The paddock has roadside access with a parking area and offers potential for numerous uses, subject to all the necessary consents too.”
Watch the video: https://www.cliveemson.co.uk/properties/253/115/
Also in South Molton, a two-storey period town house recently used as a dentist’s surgery has a freehold guide of £75,000.
The property in Duke Street features 10 rooms across three floors plus a kitchen, WC facilities and a garden.
Auction Appraiser Steve Appleby said: “This period town house is within walking distance of the town centre and offers sizeable accommodation.
“There may be potential to convert the whole of the property into multiple residential units, subject to all the necessary consents.”
The property is being auctioned jointly with Underwood Wright Chartered Surveyors of Barnstaple.
Watch the video: https://www.cliveemson.co.uk/properties/253/50/
In Westward Ho! two holiday flats at Westbeach Resort Holiday Park are coming to auction separately.
Both have two bedrooms and allocated parking, and are located on the complex in Bath Hotel Road.
They each have the remainder of a 125-year leases from February 2012. One has a guide of £99,000 and the other is listed at £95,000.
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Redevelopment potential in Plymouth
Plymouth City Council has instructed the auction of its former register office and land with a freehold guide price of £295,000.
The site in Lockyear Street, next to the iconic Plymouth Hoe, extends to 0.27 hectares (0.67 acres).
On a square site, it includes a two-storey block including offices and ceremony rooms over 574 sq m (6,175 sq ft) plus parking for 20 cars and gardens.
The property is among 170 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.
Auction Appraiser James Lofthouse said: “This is a rare opportunity to acquire a substantial site comprising a former register office and surrounding grounds.
“It occupies a key location next to the iconic Plymouth Hoe and is close to the city centre.
“The site offers mixed use redevelopment potential, subject to all the necessary planning consents, in one of the most desirable areas of the city.”
The property is allocated in the Joint Local Plan under policy PLY27, for a mixed use development including a hotel and housing. Provision is made for in the order of 52 homes.
Watch the video: https://www.cliveemson.co.uk/properties/253/103/
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HMO auction property
A licensed HMO property close to Exeter University is heading to auction with a freehold guide price of £355,000.
The three-storey property in Blackboy Road, Exeter, has five lettable rooms and three shower rooms, a communal room and kitchen plus parking to the front and rear for several cars.
Senior Auction Appraiser Audrey Smith said: “This is a spacious three-storey town house which provides good access to local amenities, Exeter University and the city centre.
“Investors will see the potential to continue in its current guise or others may consider subdivision, subject to all the necessary planning consents.”
The property is being auctioned jointly with Cooksleys Residential Sales and Lettings of Exeter.
Watch the video: https://www.cliveemson.co.uk/properties/253/128/
In Axminster, a three-storey town centre property has a freehold guide of £25,000 plus.
The mixed-use building in Lyme Street has a vacant retail unit on the ground floor with four flats on the upper two floors and rear tenement sold away on long leases.
Most recently used as a hairdressers’, the ground floor premises include a salon, treatment room and WC.
Vicary & Co is joint auctioneers of the property.
Watch the video: https://www.cliveemson.co.uk/properties/253/106/
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In the mix at auction
Investment buyers are expected to show keen interest in a mixed-use property in Tiverton town centre.
The building in Bampton Street comprises two ground floor retail units and three self-contained flats above. They are all fully let at a total of £32,799 per annum.
With a freehold guide price of £215,000 plus, it is among 170 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.
Auction Appraiser Steve Appleby said: “This property is expected to be an attractive proposition for investors at auction.
“In a prominent town centre location, it is already fully let and offers an immediate return on investment.”
One of the ground floor units is used as a barber’s and nail technician, while the other is a clothes shop. Each of the flats has one bedroom.
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 sixth of the year, goes live on Wednesday October 30 and ends on Friday 1 November.
See https://www.cliveemson.co.uk for more details.