Prentice House
Prentice House, St Austell, PL26 7AT
- 24
Guide Price: *
£275,000
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:
£302,000Bid history
10 bidsNThis is an automatic bid as the bidder has set a maximum bid for this lot
05/03/2024 17:29:35 - £302,000
F
05/03/2024 17:17:24 - £299,000
P
05/03/2024 17:17:19 - £296,000
See all 10 bids ▾
METHOD OF SALE
Prentice house is for sale by Online Traditional Auction (unless sold prior.) The auction end time and date is Tuesday 5th March 2024 at 5.30pm.
The vendor reserves the right to alter the lot prior to the auction end date.
SITUATION
Situated between Polgooth, Little Polgooth and London Apprentice, only about 2.5 miles from St Austell. There is a village stores/PO at Polgooth about ½ mile away. The station at St Austell is on the London Paddington line. The south Cornish coast with its rugged coastline, walks, coves and beaches, is about 3 miles to the east and south-east and the historic fishing village of Mevagissey about 4 miles to the south.
THE HOUSE AND GARDENS - GUIDE PRICE £275,000 TO £300,000
Prentice House stands in an elevated south facing position overlooking an attractive valley. The light and airy accommodation, the layout of which is shown on the attached floor plan, is presented to the market in need of renovation and improvement to create a fine home in a sought after area. On the ground floor is a small Hall, well proportioned Living Room with focal fireplace, Dining Room and Kitchen. On the first floor, a landing, 3 bedrooms and bathroom. Immediately to the front of the property is an elevated area of lawn and to the side a timber and galvanised iron Store Shed and further block Potting Shed. To the rear, at higher levels, are further areas of garden including a vegetable garden area.
THE DETACHED GARAGE AND GROUNDS
A block garage with metal up and over door. Of mainly elevated deciduous woodland and with the benefit of a separate vehicular access at the eastern end. In total, Prentice House extends to about 0.85 of an acre.
TOWN AND COUNTRY PLANNING AND MUNDIC BLOCK
The house benefits from the grant of a Certificate of Lawfulness for Existing Use and Development (Application No. PA16/02383 5th May 2016) for the continued use of the dwelling without complying with the agricultural occupancy condition - being a condition of the original planning decision notice C2/SAU/64/61423.
A Mundic Block test has been carried out and no Mundic Block has been found and the property is sound.
SERVICES
Mains water and electricity connected. Old central heating system (not currently in use.) Telephone point (disconnected.) TV point. Private drainage. Some uPVC double-glazed windows.
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 and to consult legal advice prior to bidding.
SOLICITOR ACTING
Nash and Co Solicitors, Beaumont House, Beaumont Park, Plymouth, Devon, PL4 9BD.
Rebekah Putnam. Telephone: 01752 827022 Email: rputnam@nash.co.uk
TENURE AND POSSESSION
Freehold with vacant possession on completion. Completion will be dictated by the legal pack.
BUYER’S 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 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.
The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.'
PROOF OF IDENTITY
Under Anti 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 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.
VIEWING
Strictly and only by prior appointment with Stags’ Truro office on 01872 264488.
DIRECTIONS
From St Austell take the B3273 southwards towards Mevagissey. Drive for about 1.5 miles to the village of London Apprentice. In the village turn right towards Polgooth. Drive for about 150 yards and Prentice House will be seen on the righthand side.
DEFINITION OF AUCTION GUIDE AND RESERVE
Guide Price(s) is an indication of the Seller’s expectation. The Reserve Price(s) is a figure below which the auctioneer cannot sell the lot at auction. We expect the Reserve Price 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.
BUYER’S 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 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.
The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.'
Summary
- Auction end
- 5th Mar at 17:33
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- D
Summary
- Auction end
- 5th Mar at 17:33
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- D
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.
