METHOD OF SALE The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Thursday 27th July 2023 at 5.30pm. 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 - stags.co.uk. SITUATION Positioned in an accessible rural location between the ancient rural village of Talaton and the town of Ottery St Mary, this historic former Mill house runs down to River Tale and includes two useful outbuildings. The village of Talaton to the north has a strong community centre with a Church, village shop, parish hall and pub. The neighbouring village of Feniton also offers a range of facilities including a primary school and a train station situated on the London Waterloo line. Ottery St. Mary is situated a short distance to the south and ensures that this property falls into The King's School catchment area. DESCRIPTION - AUCTION GUIDE £425,000 Understood to date back to the mid 17th Century, this historic former farmhouse has been renovated over the years to form a comfortable family home. The accommodation in the house includes a cross passage hall, with electric under-floor heating, a sitting room with a large wood burner, dining room with exposed timber floor and a nice size kitchen-breakfast room with pantry and is fitted with French doors opening to the garden. The kitchen has a central island, an Esse range cooker which does the central heating, and a selection of units under a granite style worktop Please note the large LPG range cooker is not included, but maybe available for £1,500 to the purchaser. On the ground floor is a family bathroom with free standing bath and shower, and a study area with storage. On the first floor are three double bedrooms and a partly completed en-suite shower room. THE OLD STABLES Partly converted to form a study - office, the old stables has electric connected. On the end is a storage area, please note the items with this area are to be left and are included in the sale. BRICK BARN This two storey brick barn and the adjoining Cob Barn has partly collapsed and is currently UNSAFE TO ENTER. Please note the items with this area are to be left and are included in the sale. LAPSED PLANNING CONSENT Planning and listed building consent was granted - Ref 02 P2202 and 02 P2203 - on 19.11.2002 for 'Alterations and change of use from agricultural building to form office and storage' of the Brick and Cob Barn. It was thought this was unimplemented and has therefore lapsed. AGENTS NOTE Please note that the mineral rights are owned separately dating from the 1970's. There was a flood event in 2008, in common with the surrounding area. DIRECTIONS From Fairmile on the Old A30, in a short distance before you go over the A30 bridge the property is on your right. What3Words: swim. quaking. slice 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. This will be separately invoiced by Stags. 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 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 Jo Barrett - Everys Solicitors 46, New Street, Honiton EX14 1BY 01404 540961 [email protected] COMPLETION DATE The completion date will be as dictated by the solicitor and included in the legal pack, Shown as 20 working days after the auction. DEFINITION OF AUCTION 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.
Stags - Farm Agency
