Guide price
£50,000
1 bed flat for saleDouglas Avenue, Exmouth, Devon EX8
1 bed
1 bath
1 reception
EPC Rating: C
- Retirement
- Auction
- Leasehold
Fulfords - Exmouth Sales
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About this property
Lateral living
Wet room
Step free access
Offered at an incredible guide price of just £50,000, this first-floor one-bedroom retirement apartment presents a fantastic opportunity to enjoy independent living in a vibrant and well-connected development.
The property includes a spacious lounge and dining area, a double bedroom, and a modern wet room-style bathroom. With lift access to all floors, convenience and accessibility are built in.
Residents benefit from a host of excellent on-site amenities including a rooftop terrace, in-house restaurant, parking facilities, and a guest suite for visiting friends and family. The development also offers views over the cricket grounds and features a direct walkway to the beautiful sandy beach at Exmouth.
Additional services include a weekly cleaner, providing peace of mind and ease of living.
Available via the modern method of auction, this property is perfect for those looking to downsize, retire to the coast, or secure a well-priced investment in a sought-after location.
Don’t miss this rare chance to own a coastal retirement property at such an exceptional price.
Auctioneer Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £349 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
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More information
Tenure
Leasehold (111 years)
Service charge
£10,520 per year
Council tax band
B
Ground rent
£1,305
Ground rent date of next review
Ground rent review period
Every year