METHOD OF SALE The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Wednesday 22nd May 2024 at 5.30pm.
The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. The property can be accessed via our website - stags.co.uk.
SITUATION A beautifully positioned 2 bedroom bungalow set in a stunning but accessible location within the Dartmoor National Park. The prominently positioned wood framed bungalow sits within its own gardens, grounds and section of woodland amounting to 2.58 acres.
DESCRIPTION St Marys is a detached, wood framed 2 bedroom bungalow, in need of modernisation, and is now offered to the market with no onward chain. This much loved bungalow has been under the same ownership since 1996 and offers scope for a new owner to reconfigure and refurbish the accommodation and add their own stamp, subject to the necessary planning consent.
Internally, a door to the side of the property opens through to the utility room with useful storage cupboards and a doors leading to a WC, an inner hall, and an open plan kitchen/dining room. The kitchen/dining room, with far reaching rural views, comprises a range of a range of fitted wooden cupboards with a electric Aga and useful storage room/pantry to the rear. Off the kitchen is a substantial sitting room with woodburner and a large bay window, making the most of the rural views. Doors from the sitting room lead to a family bathroom and two double bedrooms, one with an en suite shower room.
To the front of the property is private parking area for 2 cars and an open fronted car port.
Surrounding the property is garden and grounds, including a section of woodland amounting to 2.58 acres.
LAPSED PLANNING PERMISSION There was planning consent for a 3 bedroom brick built property to be built on the footings of the bungalow, however, this planning permission has now lapsed.
SERVICES Private water (borehole) and drainage, mains electricity, oil and electric central heating and a log burner. Septic tank.
DIRECTIONS From the A38 take the A382 to Moretonhampstead. At Moretonhampstead take the B3212 to Dunsford and Doccombe. On leaving Doccombe the property will be on your right.
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.
BUYERS AND ADMINISTRATION FEE The successful purchaser(s) will be liable to pay the sum of £5,000. From this a buyer's fee of £2,400 inc VAT is retained by Stags/Bamboo as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
An additional administration fee of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction.
DEPOSIT PAYMENT The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly. The remainder of the 10% deposit payment is handled by the buyer's solicitors and must be in their client account 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.'
LEGAL PACK Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. Prospective purchasers will need to register with the Bamboo online platform in order to download the legal pack. 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, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.
SOLICITOR ACTING WBW Solicitors - St Margaret's House, Station Rd, Bovey Tracey, Newton Abbot, TQ13 9AL
FAO Tracey Pearce - 01626 202414 - traceypearce@wbw.co.uk
COMPLETION DATE The completion date will be as dictated by the solicitor and included in the legal pack.
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 figure guide. Guide prices may change at any time prior to the auction.
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 provisions 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.
