3 bedroom End of terrace house in Exeter
15 Locarno Road, St. Thomas, Exeter EX4 1QD
- Lot No: 32
- Property Type: End of terrace house
- Contract Type: Unconditional with Fixed Fee
Guide Price* £170,000+ plus fees
Result Sold at Auction £169,000
Property Description
A traditional end-terraced house situated within reach of a full range of amenities to include shops and schools situated approximately one and a half miles from the city centre. The property is currently let at £10,228 per annum rising annually by the Retail Price Index +2%.
Ground Floor:
Hall, living room, dining room (used as a bedroom), kitchen.
First Floor:
Three bedrooms and bathroom.
Outside:
Gardens to front and rear with off road parking to the rear.
Occupancy Agreement:
The property is let under an Occupancy Agreement (commenced 28/06/1993) at a contractual rent of £196.70 per week. The Agreement allows for annual increases on 1st April in line with the Retail Prices Index (RPI) plus 2%. Prospective buyers are advised to see the legal pack for verification and to make all necessary independent enquiries prior to placing their bid as this will be binding.
Auctioneers Note:
The Auctioneers have not inspected the property and the details have been provided by the seller. Interested parties should rely on their own investigations to verify the information provided.
Viewings:
There will be no internal viewings and interested parties are requested not to contact the occupants direct.
Tenure
Freehold
Auction Details
Lot Information
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