METHOD OF SALE

The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Tuesday 5th December 2023 at 5.30pm.

The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.

SITUATION

Trenarlett is situated in the centre of the popular Grampound Road which includes a village shop and post office, primary school and recreational facilities - including a thriving cricket club.

DESCRIPTION

Having been the subject of a recent renovation programme, Trenarlett is well-presented to the open market. On the ground floor is a triple aspect enclosed Entrance Porch which opens to an Entrance Hall with original tiled patterned floor from which balustrade stairs leads to the first floor with under-stairs cupboard. The front Living Room is a wellproportioned room with fireplace with patterned slip, painted timber surround and mantle and polished granite hearth, exposed floorboards and bay window. The Kitchen includes a matching range of sky-blue base and eye level units together with a stainless steel single drainer sink unit with mixer tap, space and plumbing for washing machine, inset fan assisted oven and grill with four electric rings and extractor hood over, downlighters and light grey tiled wood effect floor. At the rear is a second Reception Room, perhaps useful as a Study or Play Room and there is access to the rear courtyard and garden. On the first floor are four Bedrooms centred around a balustrade Landing together with a Bathroom with a panelled bath with rainshower and screen over, washbasin, wc and chrome heated towel radiator.

Attached to the side is a Lean-to Garage with up and over door and rear pedestrian door and also at the rear is an attached useful Store Shed. There is a good sized enclosed garden at the rear with walled boundaries and including areas of lawn, shrubberies and apple trees and at the rear of which is a Garden Shed about 17’ x 9’3 of mixed construction.

MUNDIC BLOCK

The rear extension has been found to contain Mundic Block Class B and is not considered mortgageable. A copy of the Mundic Block test is included with the auction legal pack.

SERVICES

Mains water, electricity, gas and drainage connected. Double-glazed. Gas fired central heating. None of the services have been checked or tested.

VIEWING

Strictly and by prior appointment with Stags’ Truro office on 01872 264488. Please note viewings will be at specified times.

DIRECTIONS

From Truro take the A390 east towards St. Austell driving through the villages of Tresillian and onwards onto the Probus by-pass. At the roundabout at the end of the by-pass turn right and stay on the A390 towards St. Austell. After about ½ mile, turn left towards Grampound Road and drive to the village. Go over the railway bridge and down the hill passing the post office on the right-hand side. Trenarlett will then be seen on the right-hand side after a short distance.

PROOF OF INDENTITY

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 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 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.

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.

SOLICITORS

Thurstan Hoskin Solicitors, Chapel Street, Redruth, Cornwall, TR15 2BY.

FAO Stephen Morrison. Email: stephen.morrison@thurstanhoskin.co.uk Telephone: 01209 213646

TENURE AND POSSESSION, COMPLETION AND SOLD AS SEEN

Freehold with vacant possession on completion. Completion will be as dictated by the legal pack. Trenarlett will be sold as seen. 

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 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 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 & 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.