7 bed flat for sale

St. Peter Street, Tiverton, Devon EX16

A great investment opportunity situated close to Tiverton town centre being offered to the market by online auction. Auction closes at 12 noon Friday 30th May 2025.
Description

Offered to the market via an online auction, 39 St Peter Street is a great investment opportunity, with three individual flats generating an income of around £29,400 per annum currently. The property occupies a position close to Tiverton town centre, with a large rear garden (allocated to the ground floor flat). The property further benefits from a basement, accessed from the Kitchen of Flat A, which provides further large storage area, equating to a similar square footage as the Kitchen and Lounge of Flat A.
Flat A is a spacious ground floor three bedroom apartment with the added benefit of the basement and large rear garden.
Flat B is a first floor three/four bedroom apartment offering spacious accommodation with gas central heating.
Flat C is a second floor one bedroom apartment with gas central heating.
The front of the property is Grade II listed.
Services & outgoings

We understand that mains electric, water and drainage are connected to the property. Partial mains gas connection.
Council Tax: Flat A - Band A
Flat B - Band A
Flat C - Band A
Mid Devon District Council, Phoenix House, Phoenix Lane, Tiverton
Method of sale

The property will be offered for sale by online unconditional auction: Timed Online Auction due to end at 12noon on Friday 30th May 2025.
Reserve

The property will be offered for sale subject to an undisclosed reserve and the Vendors reserve the right through their Agents to bid up to and including the reserve price.
Auction pack

The Auction Pack prepared by the vendor ’s solicitors, containing the contract and special conditions of sale, is available online at . All prospective purchasers bidding through the online auction will be deemed to have bid for the property in the full knowledge of their contents and shall not raise any requisition or objection whatsoever thereafter.
Buyers & administration fees

At the end of the auction the successful purchaser(s) will be liable to pay the sum of £5,000, of which a “buyers fee” of £3,600 (incl. VAT) is retained by Bamboo Auctions/gth as a contribution towards the online platform costs, and the remaining £1,400 goes towards the purchase price. In addition, an “administration fee” of £600 incl. VAT will be payable by the successful purchaser immediately following the auction.
Bidder registration

All bidders are required to register online at auction in order to view the legal documents and/or bid. Consumer protection regulations
Whilst we endeavour to make our sales details accurate and reliable, if there is any point which is of particular interest to you please contact the office and we will be pleased to confirm the position for you, particularly if you are contemplating travelling some distance to view the property.
Directions

What3words:///recall.glee.boss
Additional information

Broadband: Superfast broadband is available.
Mobile Coverage: Available via EE, O2, three and vodafone. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a no risk from River/Sea and Surface Water flooding.
Planning Permission: The property is located within Tiverton Conservation area.