Marlen Court, Ford Rise, Bideford, EX39

Property Details: - Type: Flat - Bedrooms: 2 - Bathrooms: 2

Agent: Northwood - Barnstaple Phone: 01271 618929

<p>Northwood are delighted to offer this spacious and airy two bedroom ground floor apartment for sale by auction. Nestled on the hillside this lovely apartment has a view towards the River Torridge. It is in a small block of four flats and comes with allocated parking and communal gardens. <br/> <br/> Enter the apartment into the hallway which has all rooms leading from it as well as having two very useful cupboards for coats and general storage. One of which has a heater in and would make a useful airing cupboard. The handset for the door entry system can be found in the hallway. At the far end of the hallway is the bright and spacious lounge diner. This room has a Juliette balcony overlooking the garden to the rear of the building and the River Torridge in the distance. There is space for a dining table and chairs and by the window on the side is the ideal to create a dining area. </p><p><br/> An opening from the lounge leads into the kitchen and creates the modern open plan living space. The kitchen looks out to the front garden with the mature shrubs planted there giving an element of privacy. The kitchen has a very practical layout to maximise worktop surface area. The units are white with contrasting black worktop over, white splashback tiles. There is an integrated fridge/freezer and dishwasher, space and plumbing for washing machine. There is an inset gas hob with four burners and built-in electric oven. The Intergas combi boiler is housed in the kitchen. </p><p>The main bedroom has a view over the gardens to the rear and benefits from a good sized built-in wardrobe. There is an en-suite shower room with shower cubicle and thermostatic shower, white toilet and basin. A frosted window has rear aspect. </p><p>The second bedroom is a good sized double with front aspect. </p><p>The family bathroom benefits from a white suite consisting of bath with shower attachment, basin and toilet. Frosted window with front aspect. The walls are tiled floor to ceiling with a light coloured ceramic tile. </p><p>There are metered mains gas, electric and water to the property. There is limited mobile phone coverage from the major providers and superfast broandband available from Openreach - source OfCom.</p><p>The current rent is £775. If sold at the asking price would give a gross yield of 6.20% and a net rental yield of approx 4.87%</p><p>The lease is for 125 years and was issued in 2001. </p><p>The current service charge is £967.01 for the period January 2026 - June 2026. Second instalment due in July 2026. Amount to be confirmed </p><p>The current ground rent payable is £100pa (January 2026 - December 2026) payable in two instalments. </p><p>Pets allowed with prior consent from the Directors and may be revoked. </p><p><strong>Auctioneers Additional Comments</strong></p><p>Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.</p><p> </p><p>This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.<br/> <br/> The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.</p><p><br/> Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.</p><p>The property is being sold via a transparent online auction.</p><p>In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.</p><p>Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.</p><p><br/> A <strong>Legal Pack </strong>associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. <strong>It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.</strong><br/> <br/> <strong>Auctioneers Additional Comments</strong></p><p>In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.<br/> <br/> Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.</p> EPC rating: C. Tenure: Leasehold,