£225,000 /Sale price

Situated in the popular market town of Crediton, this freehold, multi-unit property presents an excellent and versatile opportunity for investors or buyers seeking a property with multiple income streams.The building has been thoughtfully converted into three separate dwellings, comprising a self-contained studio, a three-bedroom maisonette and an additional flat, offering flexible accommodation suitable for a range of tenants. In total, the property provides five bedrooms and three bathrooms, well suited to both long and short-term rental demand.Externally, the property benefits from a garden, adding valuable outdoor space that enhances tenant appeal and provides a pleasant area for relaxation. The layout of the accommodation allows for clear separation between units, helping to maximise privacy and functionality.Located within easy reach of Crediton’s local amenities, shops, schools and transport links, the property is well positioned for consistent rental interest. Offering strong potential as a ready-made investment or for further enhancement, this converted building represents a rare opportunity to acquire a multi-unit property in a sought-after Devon location.Auctioneers Comments:This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £ 450.00. These services are optional.