Development Site for sale in Exeter

AUCTION PROPERTY A one-bedroom apartment in good condition, situated on the top floor of Bedford House in the city centre. The building is served by a lift.

Ground Floor
Communal hallway with lift access.

Third Floor
Private entrance, hallway, open-plan living room/kitchen, bedroom and bathroom.

EPC Rating C

Council Tax Band B

Tenure
Remainder of a 99-year lease from 1 April 2006 at a current ground rent of 100 per annum, increasing to 200 per annum from 1 April 2031.

Service Charge
The 2025 service charge statement records a service charge of 497.28 per quarter. A separate reserve fund contribution of 110.81 per quarter was also shown. The Receivers have confirmed that service charges due to 31 December 2025 have been settled and any outstanding service charge or ground rent due at the point of sale will be discharged from the sale proceeds.

Leasehold with Vacant Possession

Important:
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.

Price Information
*Guides are provided as an indication of each Seller's minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction). We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at www.cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.

*An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer. All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to www.cliveemson.co.uk/buyers-fees/