Eastleigh Road, Devizes, Wiltshire

Eastleigh Road

house for sale by auction

  • Reference Number 30007346
  • Agent Strakers Devizes
  • Agent Number 01380723451

Guide price £150,000

About this property

LOT 05
GUIDE PRICE £150,000+

Residential investment opportunity comprising of 2 flats in an established area of the town. In need of modernisation and improvement. Potential income of about £12,000 per annum.

Situation and Description
These two flats are situated in an established area of similar residential properties. Devizes is a historic market town with a wide range of shopping and entertainment facilities, a leisure centre and primary and secondary schools. There is a thriving weekly market and the Kennet & Avon canal runs through the town providing pleasant walks and fishing.

Both flats are in need of modernisation and there is potential to convert the property into a 3 bedroom house (subject to planning).

The ground floor flat comprises of entrance hall, kitchen/living room, bedroom and bathroom. The first floor flat comprises of entrance hall, kitchen/living room, 2 bedrooms and a bathroom.

There is a front garden with scope to create parking and a good sized enclosed rear garden mainly laid to lawn. There are useful brick outbuildings which could be incorporated into the property.

The property would be ideal for investment with a potential income in good order of about £500 per calendar month per flat which equates to an overall income of about £12,000 per annum.

For further information on lettings and management please contact Devizes lettings on 01380 722 995.

To arrange a viewing, contact: Devizes Office 01380 723451

The viewing slots are in 45minutes/ 1 hour blocks split into 15 minute slots twice a week.

Whilst we are working towards a time where we can get back to full capacity, we will be prioritising proceedable buyers and tenants in the first instance.
Only 2 adults from the same household to attend, no children are permitted please.
Viewings will last a maximum of 15 minutes.
Do not enter the property until it has been completely opened up by the member of staff and they have given you permission. Staff and customers to wear face coverings and gloves.
Where possible, all doors will be opened and lights switched on prior to the viewing.
Customers should avoid touching anything in the property and should inform the staff member if they do.
Staff and customers are to please adhere to the 2m social distancing rule and to respect each other's personal space and needs.
Door handles and surfaces will be wiped down after each appointment.
If you have any concerns with any of the guidelines above, please contact the relevant Strakers office and we would be happy to discuss them with you and hopefully put you at ease.

Online Auction
In order to bid at Strakers Online Auctions you will first need to create an account by providing your contact details. You will be asked to read and accept our Online Auction Terms and Conditions. In order to bid online you will be required to register a credit or debit card for the bidder security deposit. Strakers are required by law to carry out an online anti-money laundering check on all persons wishing to bid. In general terms, you are strongly advised to view the property and take professional advice as to its condition and suitability. When the auction opens at Midday the day before the auction, you will be able to place bids in line with the pre-determined bid increment levels, using the bid increase (+) and decrease (-) buttons provided. We offer property for sale by immediate, unconditional contract. This means that the fall of the electronic gavel constitutes an exchange of contracts between the buyer and seller. Both parties are legally bound to complete the transaction usually within 20 working days following the close of the auction but this will be confirmed within the legal documentation.

Legal Pack
You can download the legal packs via our website www.strakers.co.uk and going to the auction home page by using the services heading at the top of the page. Click on the light blue tab under the next auction date displayed on the calendar. This will produce a lot list, select a lot of interest, this pulls up further details on the property - on the right under the photos click View Legal Documents - You will need to sign-up by entering your email address and creating a password the first time but this will stay valid for all of our future auctions. The legal pack may not be available straight away, but as long as you have registered to receive it you will be notified as soon as it is available.

Reserve and Guide Price
Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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.

+ Fees
If you are the successful bidder, you will then be asked to sign the auction contract and pay a 10% deposit and a buyers fee of £600 including VAT on any Lots purchased at or below £99,999 or £1,200 including VAT on any lots purchased at £100,000 or above.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property. All measurements and distances are approximate only. Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Key Features

Eastleigh Road, Devizes, Wiltshire
  • For Sale By Online Auction
  • Thursday 15th October 2020
  • Lot 05
  • Guide Price £150,000+
  • 2 Flats
  • Potential income £12,000 pa
  • In need of modernisation




Enquire now


6/7 Market Place Devizes Wiltshire SN10 1HT