Lot 17 - Lotus, Snodwell Farm, Post Lane, Cotleigh, Honiton, Devon, EX14 9HZ
Lot 17 - Lotus, Snodwell Farm, Post Lane, Cotleigh, Honiton, Devon, EX14 9HZ
Guide Price* : £4,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
- |
- 1 Bathroom
Lot 17 - Maisonette for Owner Occupation / Investment
Description
ONLINE AUCTION FROM 11th NOVEMBER - 13th NOVEMBER 2025
A spacious apartment offering huge potential in an excellent location in Devon.
It is a maisonette with 2 bedrooms (1 with ensuite), bathroom, kitchen, office/study, lounge area and utility. In need of modernisation.
The buyer will have access to the outdoor pool area. This property will make an excellent holiday home as it was in previous years. There is space for parking outside the main entrance to the apartment.
With use of the outside pool and parking this will appeal to a lot of holiday let makers visiting the area with family and friends.
Potentially can be rented out for £700-£1,000 per week during peak season and around £500 - £700 per week during off peak season. Shorter breaks are more appealing and can sometimes get you more income. The property will need to be renovated to a good decent standard to be able to achieve this sort of income.
Ground rent:
£1.00 per annum
Service Charge:
£45.00 per calendar month
Video tour
Tenancies
To be sold with vacant possession.
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email lettings@paulfoshlettings.com for invaluable advice.
Tenure
Advised Leasehold, new 999 year lease - to be verified by solicitor
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Guide Price* : £4,000+
- Unconditional Online Auction Sale
- 2 Bedrooms
- |
- 1 Bathroom
Lot 17 - Maisonette for Owner Occupation / Investment
Viewing
Paul Fosh Auctions
Office Contact
Sean Roper
Documents
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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