Land at Magpie, Horrabridge - Yelverton
Land at Magpie, Yelverton, PL20 7RZ
- 14
Key features
Guide Price: *
£70,000
Fees apply
Buyer's fee:£2,400
Admin fee:£1,200
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£79,500Bid history
28 bidsIThis is an automatic bid as the bidder has set a maximum bid for this lot
29/09/2022 15:41:25 - £79,500
K
29/09/2022 15:38:30 - £78,500
IThis is an automatic bid as the bidder has set a maximum bid for this lot
29/09/2022 15:35:50 - £77,500
See all 28 bids ▾
The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Thursday 29th September 2022 at 4.30pm.
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 www.stags.co.uk - Online Property & Land Auctions.
SITUATION
The land is situated to the West of Horrabridge village and extends South from the A386.
Horrabridge is a small settlement within the Tamar Valley Area of Outstanding Natural Beauty, between Tavistock, North and Yelverton.
The surrounding area is popular and villages and nearby towns boast good local amenities and services.
INTRODUCTION: AUCTION GUIDE £60,000 - £70,000
The property extends to about 11.49 acres of sloping pasture with a North-eastern relief.
The land is separated into two fields which are surrounded by hedges and fencing. Some of the ground has been disturbed by historic mining activities which has resulted in interesting level and mounded features.
There is a former brick build BT exchange on the land which is situated against the roadside boundary. The land benefits from pretty views to the West and East along the valley.
SERVICES
Water - A natural supply from the Moor.
ACCESS
Direct access from the public highway and a established right of way from the public car park at Magpie leading up to the old railway line, with gateways into the land.
The approx. route is shown on the plan as a brown dotted line. Further details in the legal pack.
TENURE AND POSSESSION
Freehold with vacant possession on completion.
Please note - the section in green is contained within the land for sale but currently pending first registration by the buyer. Further details in the legal pack.
LOCAL AUTHORITY
West Devon District Council (Borough Council)
SPORTING AND MINERAL RIGHTS
The sporting and mineral rights insofar as they are owned are included with the freehold.
WAYLEAVES & 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.
PLANS & BOUNDARY 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.
UPLIFT CLAUSE
Should the land gain consent for any use other than agricultural or equestrian within 25 years, there will be a 25% claw back of the uplift in value to the vendors.
GRAZING RIGHTS
The land has rights to graze 8 cattle or 8 ponies or 39 sheep (8 livestock units) over Roborough Down (CL93.)
DESIGNATIONS
The property is located within Tamar Valley Area of Outstanding Natural Beauty.
COMPLETION DATE
The completion date will be dictated by the solicitor.
AUCTION LEGAL PACK
This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc. and is available to download free of charge to those who have registered on our auction partners website.
It is the purchasers responsibility to make all necessary enquiries prior to the auction.
VENDORS SOLICITOR
Pippa Tanner-Wood
Wolferstans, 60/66, North Hill, Plymouth, Devon PL4 8EP
E: PTanner-Wood@wolferstans.com
LL: 01752 292329
BUYERS & ADMINISTRATION FEE
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 inc VAT will be payable by
the successful purchaser immediately after the auction. This will be separately invoiced by Stags.
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.
VIEWING
Strictly by appointment only. Please contact Stags Farm Agency on 01392 680059.
WARNING
Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock.
DIRECTIONS
From Horrabridge and with Manor Garage on your right, continue along the road for about 0.5 of a mile. The property is located on the left hand side but parking should be used in Drake’s Trail car park which is a little further along the road on the left hand side before the bridge.
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.
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.
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 inc VAT will be payable by
the successful purchaser immediately after the auction. This will be separately invoiced by Stags.
Summary
- Auction end
- 29th Sep at 15:46
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
Summary
- Auction end
- 29th Sep at 15:46
- Property type
- Land
- Tenure
- Ask Agent
- Council tax band
- Ask Agent
This property is being sold by:

Stags - Farm Agency
01392 680059
21/22 Southernhay West Exeter Devon EX1 1PR
†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 Stags Online Auction 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 Stags 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.
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.