*Guide Price £200,000 + fees ONLINE AUCTION SALE ends on 21/01/2021. A four bedroom detached house in need of comprehensive refurbishment / redevelopment and set in a large plot of approx. 1/2 acres, within a desirable Cornish village, near Penzance. Residential development potential, subject to PP.
Description
*Guide Price £200,000 + fees ONLINE AUCTION SALE ends on 21/01/2021. A four bedroom detached house in need of comprehensive refurbishment / redevelopment and set in a large plot of approx. 1/2 acres, within a desirable Cornish village, near Penzance. Residential development potential, subject to PP.
Detached house in approx. 0.5 acres
A four bedroom detached house in need of comprehensive refurbishment / redevelopment and set in a large plot of approx. 1/2 acres, within a desirable Cornish village, near Penzance. Residential development potential, subject to planning permission.
Our overview is based to a greater extent on a recent maintenance contractors report. We believe The Stannary is an attractive 1920's construction. It comprises of 4 bedrooms, 3 reception rooms, 2 bathrooms, 2 cloakrooms, a workshop, an outbuilding, a greenhouse and a garage. It is set in a plot of approx.1/2 an acre and therefore may have residential development potential subject to planning permission and suitable mining conditions.
The property is now in very poor condition and requires comprehensive refurbishment and modernisation. During March 2020 contractors drained down the water system and secured the property with new locks and shuttered windows and doors. The shutters will be removed on completion of the auction sale. The contractors stated that approx 25% of the roof tiles/slates are missing and therefore there are areas of damp within the property. The property is full of the previous owners possessions and these are again in a very poor condition. Clearly there is considerable work to be done; however The Stannary is priced accordingly and we feel it has huge appeal and potential.
VIEWINGS
There will be no internal viewings as the property is in extremely poor condition and dangerous to enter. External viewings can be carried out at any daylight hour giving due consideration to neighbouring property. We advise care is taken on any external inspection.
SOLICITORS
TLT Solicitors LLP, One Redcliff Street, Bristol, BS1 6TP T: 0333 00 60956 Attn: Laura Perks E: laura.perks@tltsolicitors.com
NOTICE TO BIDDERS
Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction. As part of the Online Auction process bidders will be required to register online and provide proof of ID documents (Passport and Photo Driving License) and proof of source of funds for all Buyers. For a full list of Auction Day requirements please either see the Legal Pack documents or contact Auction House Devon & Cornwall.
FULL DETAILS
Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.
Additional Fees
Buyer's Premium: £1,140.00
Administration Charge: £1,200.00
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion
Lot Type
Residential for Improvement
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
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- Detached House
- 4 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 01752 474200 for more information
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