Meadowside - Egloskerry, Launceston
Meadowside, Launceston, PL15 8ST
- 10
Key features
Guide Price: *
£199,950
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
Highest bid:
£218,000Bid history
10 bidsA
16/08/2023 15:56:13 - £218,000
L
16/08/2023 15:55:47 - £216,000
A
16/08/2023 15:54:14 - £214,000
See all 10 bids ▾
METHOD OF SALE
The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Wednesday 16th August 2023 at 5pm.
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 - Online Property & Land Auctions.
SITUATION
The property is situated in a central position within the popular Cornish Village of Egloskerry, with its respected primary school and Church. The former market town of Launceston is situated approximately 4 miles away and offers a comprehensive range of facilities including supermarkets, doctors, dentists, veterinary surgeries and numerous sports and social clubs. The popular North Cornish coast is approximately 13 miles from the property with extensive sandy beaches and cliff top walks.
DESCRIPTION
An exciting and special opportunity to purchase a single storey dwelling in a generous plot with a number of garden sheds and a large detached outbuilding/garage. The property is constructed mainly of timber with an asbestos roof, but lends itself to a number of opportunities subject to obtaining the necessary consents and planning.
The property is located in the centre of the village with other residential dwellings around and close to the village hall, Church and primary school.
ACCOMMODATION
The bungalow entrance is via a glass porch, into a hallway with a bathroom to the side. The current layout includes 2 bedrooms, a living room with a lean to timber conservatory, a kitchen area and separate dining room. The existing site has mains services connected however most would deem unsuitable for living but consider the future opportunities.
OUTSIDE
There is a small parking space in front of the large detached outbuilding/garage which has further internal space for parking. The plot is mainly defined by natural hedge boundaries, with some timber fencing to the rear. The grounds are mainly laid to lawn with some trees and shrubs with a number of former garden sheds and storage buildings.
SERVICES
Mains water, drainage and electricity. Please note the agents have not inspected or tested these services.
VIEWING
Strictly accompanied by prior appointment only with the vendor’s sole appointed agents, Stags.
DIRECTIONS
Leave Launceston following signs to Bude on the B3254. At the top of St Stephens Hill, opposite the Church, turn left signposted to Egloskerry and follow the road for just over 3 miles into the village. Proceed after the Egloskerry Village sign for approx. 530m and just after the Church on the right hand side, turn left before the primary school (signposted Baharlick, Tregeare, Pipers Pool). Proceed for approx. 150m and the property will be on the left hand side, identified by a Stags For Sale board opposite the village hall.
PROOF OF IDENTITY
Under the 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 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 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.
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.
LEGAL PACK
This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc, and is available online to be downloaded, via the tab on the online auction property listing page. It is the purchaser's responsibility to make all necessary enquiries prior to the auction. Please note the auction pack will not be available for inspection at Stags offices. Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding.
VENDOR'S SOLICITOR
Sally Trevaskis - Taylor Rose MW
Stuart House, St Johns Street, Peterborough, PE1 5DD.
T: 01733 333333. E: Sally.Trevaskis@taylor-rose.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 is an indication of the seller's expectation. Reserve Price is 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 provision 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.
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.
BUYERS 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 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.
Summary
- Auction end
- 16th Aug at 16:01
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- B
Summary
- Auction end
- 16th Aug at 16:01
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- B
This property is being sold by:
Stags - Launceston
01566 774999
Kensey House18 Western Road Launceston Cornwall PL15 7AS
†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.
