16 Garlic Rea, Brixham, Devon, TQ5 9TZ
- Conditional Online Auction Sale
- Bedrooms: 3
- Bathrooms: 2
Description
Perched in a commanding position with stunning sea views across Brixham Harbour, this sizeable character end-of-terrace home presents an exceptional opportunity for modernisation and offers immense future potential. With flexible accommodation, extensive parking, and a desirable location within walking distance of the marina and local amenities, this property is ideal for those seeking a rewarding project.
Stepping inside, the property reveals a spacious layout across three reception rooms, offering versatile space that can be adapted to suit various needs. The current configuration provides ample living areas, ready to be reimagined into contemporary spaces that capitalise on the captivating coastal outlook. The potential to create an open-plan living environment or separate zones for relaxation and entertaining is clear, allowing a new owner to craft a home perfectly tailored to their lifestyle.
Upstairs, three well-proportioned bedrooms arranged over the top two floors offer comfortable retreats. The potential to enhance existing features and introduce modern touches throughout the property is significant, ensuring the end result will be a truly bespoke home. The current master bedroom on the top floor offers exceptional views and a small balcony to enjoy your morning coffee. With two bathrooms already in place, there’s a solid foundation for further refinement and upgrading.
A standout feature of this property is the extensive parking which is very rare in Brixham, including a double garage and a generous driveway, providing ample space for multiple vehicles. The outside space, though currently awaiting its transformation, offers the scope to create a charming garden area. Imagine enjoying the sea air and far-reaching views from your own private oasis, perfect for outdoor dining or tranquil relaxation.
The location is undeniably superb. Brixham is a vibrant fishing town renowned for its picturesque harbour, bustling marina, independent shops, and excellent seafood restaurants. Living here means easy access to scenic coastal walks along the South West Coast Path, local beaches, and a friendly community atmosphere. Essential amenities, transport links, and leisure facilities are all within convenient reach, making for a truly desirable lifestyle. With the marina just a stroll away, boat owners and water enthusiasts will find this an especially attractive proposition.
Being Sold by GOTO Online Auction
Starting Bids from: £270,000
Buy it now option available
Please call or visit GOTO Online Auctions for more information.
This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract is received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.
To book a viewing visit Jon Keyte EXP.
General Information:
Auctioneer's Comments
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to complete the transaction, from the date the Draft Contract are issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.
The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.
Tenure
FREEHOLD
Energy Efficiency Rating - Current
61
Energy Efficiency Rating - Potential
74
Opening Bid and Reserve Price
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
Comments
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer's Premium of £12,096 including VAT, plus a buyer's administration charge of £396 including VAT, a total of £12,492. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium and buyer's administration charge are in addition to the final negotiated selling price.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £396 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Energy Performance Certificate(EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines.Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient.The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method.EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type.The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared.During this period the EPC may be made available to buyers or new tenants.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.
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