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Valuation

Taw Valley
Auction Guide £200,000 | 3 bedrooms | 1.1 acres

Property features

• Online Auction
• Auction Guide - £200,000
• Superbly Located Barn
• Planning Permission For Conversion
• Plans for 3/4 Bedrooms
• Large Grounds
• Accessible Location
• Total about 1.1 Acres

Situation
The barn is set nicely within its own one acre plot in the favoured Taw Valley on the edge of the hamlet of Bridge Reeve. The small town of Chulmleigh is only 1.5 miles away on the other side of the valley and offers a good range of facilities including shops, churches, good primary and senior schooling, medical centre and popular 18 hole short hole golf course.
The larger market town of South Molton is about 11 miles to the north and offers a further range of amenities. About 21 miles to the east is Tiverton and Junction 27 on the M5 is a further seven miles where there is also a station on the Paddington line at Tiverton Parkway. To the south, the Cathedral City of Exeter, about 25 miles, also offers direct access onto the M5 motorway as well as an airport and main line railway station with intercity rail service to London Paddington. There is a sprinter branch line service running along the Tarka Line from Exeter to Barnstaple through Eggesford or Kings Nympton station within a short distance of the property.

Description
Trixies Barn provides a superb opportunity to create a wonderful family home set in a plot of just over one acre.

Planning Permission
Planning permission was granted by Mid Devon Council on 20th January 2021 for CONVERSION OF AGRICULTURAL WORKSHOP TO DWELLING (Reference 20/02044/FULL). Full details and plans are available for inspection on the Mid Devon Council website at planning.middevon.gov.uk.

Plans indicate accommodation to include HALL, CLOAKROOM, KITCHEN/BREAKFAST ROOM, DINING ROOM, LIVING ROOM, SNUG/GUEST BEDROOM with WC off on the ground floor with THREE BEDROOMS (MASTER EN-SUITE) and BATHROOM on the first floor.

Outside
The barn is set in a total plot of just over 1 ACRE of mature, wooded grounds.

Plans and Boundary Fences
A site plan is included within these particulars for identification only.

Viewing
Strictly by confirmed prior appointment please through the sole selling agents, Stags on 01769 5722263.

Directions
On the A377 about one mile west of Chulmleigh at Leigh Cross take the turning to the west signposted to Bridge Reeve. Cross over the river and at the 'T' junction turn left. As the road bears to the right the entrance to the property will be seen on the right.
what3words: sapping.nails.lodge

Services
Mains electricity and private water supply.

Method of Sale
The land will be offered for sale by ONLINE TRADITIONAL AUCTION (unless sold prior). The auction end date is Friday 26th March 2021 (Midday). The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. To view the live auction visit stags.co.uk, click on the Auctions section of the site, follow the link to "Online Property & Land Auctions". Here you will find the property and auction information.

Proof of Identity
Under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction.
There will be a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for registration.

Definition of Auction and Reserve
Guide price(s) are an indication of the seller's expectation.
Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction.
We expect the reserve will be set within the guide range or no more than 10% above a single guide figure.
Guide prices may change at any time prior to the auction.

Legal Pack
Copies of the Legal Pack and Special Conditions of Sale will be available online to be downloaded via the tab on the online auction listing page. It is the purchaser's responsibility to make all necessary enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding.

Solicitor Acting
Mr Nigel Ayre
Crosse Wyatt Solicitors, 7 East Street, SOUTH MOLTON, Devon EX36 3AQ
Tel: 01769 572157 enquiries@crossewyatt-solicitors.co.uk

Auction End Date and Time
Midday, Friday 26th March 2021.

Completion Date
The completion date will be Friday 23th April, 2021.

Buyer(s) and Administration Fees
The successful purchaser(s) will be liable to pay the sum of £5,000 at the end of the auction. From this a "buyer's fee" of £2,400 (inc VAT) is retained by Stags/Bamboo Auctions as a contribution towards the online platform costs and £2,600 is payable towards the purchase price.
An additional "administration" fee of £1,000+VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.

Special Conditions of Sale
Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provision of the latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.

Agent's Notes
1) Question 7.1 in the Property Information Form has been answered incorrectly. The northern part of the plot is lower lying and has flooded in the past, however It is understood that the barn itself has never flooded.
2) The property is sold together with and subject to the rights set out in the Copy Transfer of Bowerings Cottage, including a right of way. The seller's reply to section 8 of the Property Information Form is therefore inaccurate and needs to be read in the light of the Copy Transfer that forms part of the Auction Pack.
 

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