The Old Stables - Mount Hawke Lot 1
The Old Stables, Banns Road, Truro, TR4 8BW
- 77
Key features
Guide Price: *
£220,000
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:
£272,000Bid history
25 bidsM
09/04/2024 16:04:35 - £272,000
H
09/04/2024 16:03:09 - £269,000
M
09/04/2024 16:02:23 - £266,000
See all 25 bids ▾
METHOD OF SALE
Lot 1 is for sale by Online Traditional Auction (unless sold prior.) The auction end date is Tuesday 9th April 2024 at 5pm. The Vendor reserves the right to alter either Lot prior to the auction end date.
SITUATION
Situated in a picturesque wooded valley on the edge of Mount Hawke.
DESCRIPTION
LOT 1 - THE OLD STABLES AND GROUNDS - Guide £200,000 - £250,000
Lot 1 is approached over a narrow track, with bridleway, which leads to wide double vehicular gates opening to an expansive parking area. Originally converted from a range of stables, this single storey building provides accommodation of about 1,005 sq ft (gia) with spacious L-shaped open-plan Kitchen/Dining and Living Areas, Utility, 3 Bedrooms, Bathroom, Shower Room and Study. The residence warrants updating/improvement or possibly redevelopment - subject to all necessary consents and approvals. Adjoining to the west are attractive and extensive grounds with long stream frontage along the northern border. At the western end of the grounds is a useful block Building. Lot 1 extends to about 1 acre.
TOWN AND COUNTRY PLANNING
A Certificate of Lawful Existing Use or Development has been granted on the 29th June 2022 which confirms the use of The Old Stables as a lawful dwelling. Further details can be viewed on the online planning register on www.planning@cornwall.gov.uk under reference PA21/09668 or within the auction legal pack.
AVAILABLE BY SEPARATE AUCTION
LOT 2 - THE LAND - Guide £50,000 - £75,000
Situated to the south of Lot 1 and approached over the same narrow track, with bridleway, Lot 2 comprises a pair of pasture fields with field shelter and is on a northerly aspect, The land extends to about 5.67 acres.
SERVICES
Lot 1 - Water: it is envisaged that the Purchaser will sink a borehole in the grounds (there is an old well.) An advisory letter has been obtained by Aquasource (SW) Ltd. Mains Electricity: A quotation for connection has been obtained from National Grid. Mains drainage connected. LPG heating.
PHOTOGRAPHS
Please note the attached photographs were taken in 2021.
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.
SOLICITORS
Carlyon and Son with John Rabey and Co., 78 Lemon Street, Truro, TR1 2PZ. Telephone 01872 278641.
FAO of Mr P Granville. Email: mail@carlyonandson.co.uk
TENURE AND POSSESSION
Freehold with vacant possession. The completion dates will be Friday 26th April 2024.
BUYERS AND ADMINISTRATIVE FEES
The successful Purchasers of each lot will be liable to pay the sum of £5,000. From this a Buyer’s fee of £2,400 inclusive of VAT is retained by Stags/Bamboo Auctions as a contribution to the online platform costs, and £2,600 forms part of the 10% deposit.
An additional administrative fee of £1,200 inclusive of VAT will be payable by the successful Purchasers immediately after the online auction.
DEPOSIT PAYMENT
The Seller and Buyer of each lot, 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 payment to be made via the buyer's solicitor to the vendors solicitor. We therefore recommend all bidders clear Anti Money Laundering Regulations with their solicitor prior to the auction.
PROOF OF IDENTITY
Under Money Laundering Regulations 2007, it is a requirement for Estate Agents to perform due diligence checks on any person who intends to bid at auction. There is a requirement for bidders to register via the online sales site and complete the ID checks. There is no charge for registration.
VIEWING
Strictly and only by prior appointment with Stags’ Truro office on 01872 264488. Viewings will be at specified times.
DIRECTIONS
From the centre of Mount Hawke, drive northwards into Fore Street towards Banns. Ignore the turning to the right into Penhall Lane and follow the road down left into Banns Road. Drive down into the valley and shortly before the pair of stone cottages and bridge on the left, the track to Lot 1 will be seen on the left. Drive along the narrow stone lane for about 150 yards and the entrance to Lot 1 will be on the right-hand side. (For viewing, we recommend parking at the entrance to the track and walking in.)
DEFINITION OF AUCTION GUIDE PRICE AND RESERVE
Guide Price(s) is an indication of the Seller’s expectations. Reserve Price(s) is a figure below which the auctioneer cannot sell the Lots at auction. We expect the reserve to 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.
BUYERS AND ADMINISTRATIVE FEES
The successful Purchasers of each lot will be liable to pay the sum of £5,000. From this a Buyer’s fee of £2,400 inclusive of VAT is retained by Stags/Bamboo Auctions as a contribution to the online platform costs, and £2,600 forms part of the 10% deposit.
An additional administrative fee of £1,200 inclusive of VAT will be payable by the successful Purchasers immediately after the online auction.
DEPOSIT PAYMENT
The Seller and Buyer of each lot, 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 payment to be made via the buyer's solicitor to the vendors solicitor. We therefore recommend all bidders clear Anti Money Laundering Regulations with their solicitor prior to the auction.
Summary
- Lot number
- 1
- Auction end
- 9th Apr at 16:09
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- C
Summary
- Lot number
- 1
- Auction end
- 9th Apr at 16:09
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- C
This property is being sold by:
Stags - Truro
01872 264488
61 Lemon Street Truro Cornwall TR1 2PE
†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.
