METHOD OF SALE

The property will be offered for sale by Online Traditonal Auction (unless sold prior.) The auction end date is Thursday 7th November 2024 at 5pm. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.

SITUATION

The property is situated in West Devon near Bridestowe which lies 2 miles from the A30 at Sourton Down. The A30 is the main transport route through Mid Devon and links Exeter in the East to Cornwall, West. Local villages and town centres boast various shops and amenities to support the busy rural community including Mole Avon country stores in Okehampton and Maunders Farm and Country in Launceston.

DESCRIPTION - AUCTION GUIDE £225,000 - £235,000

Higher Lodge is of stone construction under a tiled roof. The property benefits from attractive timber leaded windows and a mixture of plain glazing as well. INTERNAL DESCRIPTION The porch front door opens to a hall and a door through to a SITTING ROOM where an attractive granite fireplace houses a wood burner. A door leads through to the SNUG with an attractive bay window and a further door through to the DINING ROOM which includes a fireplace which houses a solid fuel range cooker. The SIDE HALL has a door to outside and steps leads down to the dual aspect KITCHEN fitted with base cupboards and a single sink and drainer. A door leads to a BATHROOM with WC, basin, bath and electric shower. Stairs from the snug lead up to the FIRST FLOOR LANDING which serves BEDROOMS 2 AND 3. The main hall has a separate staircase leading up to BEDROOM 1 with EN SUITE SHOWER ROOM. OUTSIDE Gardens and grounds surround the property with a potting shed. Timber framed lean-to with corrugated elevations and clad roof, providing stabling and storage.

The Property is sold as seen. The Property is sold subject to any items of rubbish at the Property of which the Seller will be under no obligation to remove.

SERVICES

Water and electricity - mains supply Drainage - Septic tank and soakaway not in working order and currently does not comply with General Binding Rules. Pre-purchase survey is available from the agents and in the legal pack. Buyers to make own inspection and opinion.

Hot water - Solid fuel Rayburn and electric emersion

Telephone/broadband Standard available (Ofcom)

Mobile coverage/signal – Mobile coverage is limited outside with EE, O2, Three and Vodafone (Ofcom)

ACCESS

Direct access to the public highway.

TENURE AND POSSESSION

The property is freehold and is available with vacant possession on completion.

LOCAL AUTHORITY

West Devon Local Authority - www.westdevon.gov.uk

WAYLEAVES AND RIGHTS OF WAY

The property is sold subject to and with the benefit of any wayleave agreement and any public or private rights of way that may affect it. A easement exists to access the drainage system for maintenance, service and repair.

PLANS AND BOUDARY FENCES

A plan which is not to scale, is included with these sale particulars for identification purposes only. The vendor shall not be called upon to define the ownership of boundary fences.

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 administration.

BUYERS AND ADMINISTRATION FEES

The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a buyers 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 £1,200 including 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 no later than 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

Kate Gay Ashfords LLP Ashford House Grenadier Road Exeter EX1 2LH k.gay@ashfords.co.uk 01392 333671

COMPLETION

The completion date will be 20 working days after the auction or as dictated by the solicitor.

VIEWING

Strictly by appointment only and during daylight hours. Please contact Stags 01837 659420

DIRECTIONS

What3words //stiffly.dreaming.skirt

DEFINITION OF AUCTION GUIDE 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.

IMPORTANT

Stags gives notice that: 1. These particulars are a general guide to the description of the property and are not to be relied upon for any purpose. 2. These particulars do not constitute part of an offer or contract. 3. We have not carried out a structural survey and the services, appliances and fittings have not been tested or assessed. Purchasers must satisfy themselves. 4. All photographs, measurements, floorplans and distances referred to are given as a guide only. 5. It should not be assumed that the property has all necessary planning, building regulation or other consents. 6. Whilst we have tried to describe the property as accurately as possible, if there is anything you have particular concerns over or sensitivities to, or would like further information about, please ask prior to arranging a viewing.

BUYERS AND ADMINISTRATION FEES

The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a buyers 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 £1,200 including 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 no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.