Somerset and Devon property set for auction
Auction stations
A licensed HMO property close to Exeter University which previously returned £40,800 per academic year is heading to auction. (WED DEC 11)
The three-storey property in Blackboy Road, Exeter, has a freehold guide price of £310,000.
It is among 147 lots in the in the latest sale by one of the top five property auctioneers in the UK, Clive Emson Land and Property Auctioneers.
With five lettable rooms, it also has 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.
“We understand that the property has previously been let to five students producing an income of £40,800 per academic year.
“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/254/28/
Also in the Exeter area, a character cottage in Woodbury (pictured) has a freehold guide of £170,000 plus.
The one-bedroom house at Church Steps in Church Stile Lane has recently been redecorated and has a new kitchen and bathroom. It has a rear garden with patio, decking and a shed.
Watch the video: https://www.cliveemson.co.uk/properties/254/96/
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In Axminster, Clare House in Lyme Street has a freehold guide of £20,000 plus.
The three-storey, mixed-use town centre property 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.
The property is being auctioned in arrangement with Vicary & Co.
Watch the video: https://www.cliveemson.co.uk/properties/254/23/
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In Crediton, a recently refurbished second floor flat in the town centre has a leasehold guide of £85,000 plus.
The well-presented apartment in the High Street is being sold with the remainder of a 999-year lease from January 2023.
Watch the video: https://www.cliveemson.co.uk/properties/254/36/
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Sunshine property at auction
A top floor holiday apartment at a popular resort on the north Devon coast is going under the auctioneer’s gavel.
The two-bedroom flat at Westward Ho! in Bideford has a leasehold guide price of £100,000 plus.
Located at the Westbeach Holiday Resort, the apartment generated £47,795 in lettings between April 2022 and October 2024.
Auction Appraiser Steve Appleby said: “This modern holiday apartment is close to the beach as well as local shops and amenities.
“It may appeal to investors wishing to rent it out for holiday lets as well as those who want a well-located holiday bolthole in a popular part of the world.”
The apartment is being auctioned with the remainder of a 125-year lease from February 2012.
Watch the video: https://www.cliveemson.co.uk/properties/254/78/
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Character home set for December auction sale
The aptly-named Hollytree Cottage is going under the hammer at a Christmas auction. (WED DEC 11)
Located in Horn Ash, near Crewkerne, the detached three-bedroom house sits on a sizeable corner plot and has planning permission for an extension.
Senior Auction Appraiser Audrey Smith said: “Hollytree Cottage is well located close to the Dorset-Somerset border and has outstanding views of the River Axe valley.
“Requiring refurbishment, it has a mature garden, driveway parking and a garage. The cottage also comes with the benefit of planning permission for an extension.
“It is likely to appeal to builders for onward sale post works or owner occupiers looking for a lovely family home.
“With its somewhat apt name for our final auction of the year in December, it might make a wonderful Christmas present!”
Watch the video: https://www.cliveemson.co.uk/properties/254/43/
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In Burnham-on-Sea, a four-storey mixed-use property with sea views has a freehold guide of £165,000 to £185,000.
Located in Regent Street, there is a vacant retail unit on its ground floor which has previously been used as a pharmacy and hairdresser’s.
A first floor flat with two bedrooms is also vacant, while a maisonette on the third and fourth floors is let at £780.50 per calendar month, or £9,366 per annum.
Auctioneer David Henwood said: “This property is located within a stone's throw of the sea front and is close to the town centre.
“It requires a programme of improvement works while some may wish to consider residential conversion of the ground floor commercial unit, subject to all the necessary consents.”
Watch the video: https://www.cliveemson.co.uk/properties/254/34/
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 eighth and final of the year, goes live on Monday 9 December and ends on Wednesday 11 December.
See https://www.cliveemson.co.uk for more details.