2 bedroom detached bungalow with Barn in Westacott Barnstaple
1 Trenance, Barnstaple, EX32 7NF
- 10
Guide Price: *
£270,000
Fees apply
Reservation fee:2.4% (min. £6,000)
All fees include VAT at 20%
Auction Type:
Conditional
Sold for:
£270,000Bid history
1 bidC
14/06/2022 10:10:00 - £270,000
A WORLD AWAY...
Tucked away in this little hamlet is a two bedroom detached bungalow in need of refurbishment or extension and an additional barn with potential for conversion (subject to planning consent) set in a convenient rural location in a well proportioned plot. Would work well as a holiday home, letting or permanent residence.
THE LOCATION
Positioned in the sought after hamlet of Westacott just on the outskirts of Barnstaple, the property provides a rural setting with the convenience of local amenities nearby. Barnstaple town centre is just a five minute drive from the property. Orchard Vale Primary and community school and a regular bus service to town are less than a 5 minute walk. It is also around a half hour's drive of Exmoor National Park and the beaches around Woolacombe, Croyde and Saunton,
THE OPPORTUNITY
The detached bungalow is in need of some refurbishment and modernisation but until very recently has been let on a long term basis and would make a lovely home. It also has potential, subject to planning consent, to be extended or redeveloped to create a larger home perhaps linking up with the barn nearby. The barn itself also has potential, subject to planning consent, for conversion to a dwelling, either incorporated into one large dwelling or as a stand alone dwelling for residential or holiday use or home office/workshop.
Inside the bungalow has a small shower room and galley style kitchen with gas hob (Bottled gas) and integrated fridge freezer. This leads you into a light and bright living room with gas fire (bottled gas) and lovely french style double doors out to the rear patio.
An inner lobby with airing cupboard leads to the two double bedrooms, one with handwash basin and walk in wardrobe. Both bedrooms have lovely views over the gardens. The heating is currently electric storage heaters and an emersion heater for hot water.
The property has a well proportioned garden mainly laid to lawn with steps up to the front garden with mature trees and shrubs. The rear garden has a raised concrete patio area with steps down to an enclosed lawn and further steps down to a sunken garden and covered patio area which backs onto the barn. The rustic covered patio area would make a superb entertaining space for al fresco dining and family barbecues.
The driveway currently has space for at least two cars or a car and motor home depending on the size of the motorhome, with one parking area covered. The property is accessed via a lane shared with just one neighbour.
IMPORTANT NOTE: The immediate neighbour has had planning granted to demolish a bungalow to create a 4 bedroom detached house and building work has commenced with the bungalow now demolished and groundworks in place.
AGENTS NOTES
The property is Freehold. Council Tax Band B. EPC rating D.
VIEWING BY APPOINTMENT ONLY - Contact sole selling agent Nic Chbat of Match Property Estate Agents.
RESIDENTIAL LETTING
The North Devon rental market is thriving but with a shortage of available homes. This property has previously been let on a long term basis and would make a good long term investment. Please ask for further information including rental projections.
HOLIDAY LETTING
North Devon is a superb holiday destination. This property and the barn could be well suited to tap into the local holiday let market (subject to planning consent) with many local attractions, beaches and Exmoor National Park nearby. Please ask for further information including rental projections.
LAND REGISTRY- An amendment to the title plan to reflect changes to the lane and garden are required and are underway. Delays with Land Registry are possible. Please ask for details.
Summary
- Auction end
- 14th Jun at 10:15
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- Ask Agent
Summary
- Auction end
- 14th Jun at 10:15
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- Ask Agent
This property is being sold by:
Match Property
01271 410108
3 Paiges Lane Barnstaple, Devon EX31 1EF
†Conditional auction
If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above). All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement. To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), the reservation fee shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), they will forfeit the full amount of the reservation fee.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.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
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Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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All information relating to this property, including descriptions, pictures and other related information has been provided by Match Property Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
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