Detached bungalow - Redevelopment Site STP
Devonia, St Germans Road, Cornwall, PL17 7EJ
- 8
Key features
Guide Price: *
£175,000
Fees apply
Buyer's fee:£3,600
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Highest bid:
£159,000Bid history
9 bidsB
18/07/2024 10:47:10 - £159,000
H
18/07/2024 10:46:24 - £158,000
B
18/07/2024 10:18:29 - £157,000
See all 9 bids ▾
Situation
The property fronts St Germans Road, which lies within easy reach of Callington town centre, the infant and junior schools and the community college. The city of Plymouth lies approximately 15 miles to the south-east and boasts an extensive retail offering, along with professional, health and numerous leisure facilities and a cross Channel ferry service and a mainline railway station.
The Property
A detached 1920’s style bungalow in a poor state of repair, currently boarded up, lying on a level plot extending to approximately 0.359 of an acre.
The site lies within the confides of the town and fronts St Germans Road and backs on to Grenville Close to the rear.
Planning
In April 2022, a pre planning application (Ref No PA22/00470/PREAPP) advice was sought for the potential redevelopment of the site, subject to planning, from Cornwall County Council. The planning officer advised ‘the site is located within the confines of the town; this is a site which would be supported in principle for residential development under policy 3 of the CLP. ‘
Agents Note: The property to be sold as seen.
SERVICES
Mains electricity, water and drainage are connected to the property. None of these services have been tested and therefore no guarantees can be given.
COUNCIL TAX BAND D EPC G1
WAYLEAVES, EASEMENTS & RIGHTS OF WAY
The sale will be subject to and with the benefit of all existing wayleaves, easements and rights of way as may exist.
PARTICULARS & PLAN
Whilst every care is taken in the preparation of these particulars, their accuracy is not guaranteed and they do not constitute any part of an offer or contract. Any intending purchaser/s must satisfy themselves by inspection or otherwise as to the correctness of these particulars.
VIEWINGS
The property can be viewed externally during daylight hours, with the sales particulars at hand.
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GENERAL CONDITIONS OF SALE
Our online Auction partners are Bamboo Auctions – www.bambooauctions.com
SPECIAL CONDITION OF SALE The buyer will be required to reimburse the sellers the cost of the Auction Pack.
METHOD OF SALE The property will be offered for sale by Online Traditional Auction. The Vendor reserves the right to withdraw or alter the property prior to the auction end date. The bidding page will be found on the Lodge & Thomas website under ‘Sales’ – ‘Online Property Auctions’.
AUCTION LEGAL PACK AND SPECIAL CONDITIONS OF SALE This will be available to download from our auction partners’ website free of charge to those who have registered. It is the Purchaser’s responsibility to make all necessary enquiries prior to the auction and we strongly recommend purchasers instruct a solicitor to assist. It will be the purchasers’ responsibility to reimburse the vendors costs for the provision of the Legal Pack on sale.
COMPLETION DATE Normally up to 28 days or sooner following exchange of contracts.
BUYER’S AND ADMINISTRATIVE FEES The successful Purchaser will be required to pay £5,000 on registration to bid. From this a Buyer’s fee of £3,600 inclusive of VAT is retained by Lodge & Thomas/Bamboo Auctions as a contribution toward the online platform costs, and £1,400 forms part of the 10% contract deposit. The purchaser will be required to pay the balance of the 10% contract deposit monies within 24 hours of the auction via their solicitor to the Vendors solicitor.
DEFINITION OF AUCTION GUIDE AND RESERVE PRICE Guide price(s) is an indication of the Seller’s expectations. Reserve price(s) is a figure below which the auctioneer cannot sell the lot at auction. We expect the reserve will be set within the guide range. Guide prices and Reserve prices may change at any time prior to the auction.
ANTI-MONEY LAUNDERING ACT 2007 Under current Money Laundering Regulations 2007 it is a legal requirement for Estate Agents and Solicitors to perform due diligence checks to any person that intends to bid at auction. There will be a requirement for all bidders to register via the online sale site and complete the ID checks. There is no charge for registration.
Summary
- Auction end
- 18th Jul at 11:00
- Property type
- Bungalow
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- D
Summary
- Auction end
- 18th Jul at 11:00
- Property type
- Bungalow
- Tenure
- Freehold
- Bedrooms
- -
- Bathrooms
- -
- Council tax band
- D
This property is being sold by:
Lodge and Thomas Online Auction
01872 272722
58 Lemon Street Truro Cornwall, TR1 2PY
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* 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.
Bamboo Auctions and Lodge and Thomas shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Lodge and Thomas. 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.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
