Important Notice - Coronavirus (COVID-19)
  • For Sale By Unconditional Online Auction
  • Guide Price* : £200,000
  • Auction Ended 30/07/2020

The Stannary Ludgvan, Penzance, Cornwall, TR20 8AJ

*Guide Price £200,000 + fees ONLINE AUCTION SALE ends on 30/07/2020. A four bedroom detached house in need of comprehensive refurbishment 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 30/07/2020. A four bedroom detached house in need of comprehensive refurbishment and set in a large plot of approx. 1/2 acres, within a desirable Cornish village, near Penzance. Residential development potential, subject to PP.

OVERVIEW

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 (PP) 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 15% of the roof tiles/slates are missing and therefore there are areas of damp within the property. The dining room ceiling is partially down, as is the bedroom ceiling above. 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

Due to the current Covid-19 Government regulations, we cannot offer viewings on this or any current auction Lot. Bidders will have to rely on the above overview and the auction legal pack. We have been unable to provide a video tour or floor plans.


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, 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 licence) and both proof of funds and the source of funds for all buyers. For a full list of auction day requirements please either see the document within the Legal Pack or contact Auction House Devon & Cornwall. Please be aware that the seller has no personal knowledge of the property, and that these details have been prepared on the basis of the limited information we have received.


FULL DETAILS

Photographs, room dimensions, floor plans and area measurements (when available) are included within our full details online at www.auctionhouse.co.uk. All published information is to aid identification of the property and is not to scale.

Additional Fees
Buyer's Premium: £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

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £200,000
  • Detached House
  • 4 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 01392 455928 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.