4 Fosse Road, Kingsbridge, TQ7 1NG
Fosse Road, TQ7 1NG
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Guide Price: *
£200,000
Fees apply
Buyer's fee:£3,600
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Opening bid:
£200,000
Key features
This property is being sold by:
Luscombe Maye - Kingsbridge
01548 857474
62 Fore Street, Kingsbridge TQ7 1PP
SITUATION & DESCRIPTION
A unique re-development opportunity situated within the heart of the popular market town of Kingsbridge. The property comprises entrance hallway, living room, dining room, kitchen, three bedrooms, bathroom and seperate WC. Outside the property enjoys a wrap around garden, off road parking for two cars, double garage with electric door and side storage. This property would make a fantastic re-development project subject to the necessary planning consents.
Kingsbridge is a picturesque market town located at the head of the Salcombe estuary with excellent boating and sailing facilities within the sheltered estuary waters. The delightful town enjoys an abundance of amenities and facilities including a wide range of shops, churches, cottage hospital, health centre and a sports centre with indoor swimming pool. The town also has a library, primary school and highly rated secondary school. Kingsbridge is surrounded by the renowned South Hams coastline with a large number of beaches to enjoy and spectacular scenery stretching from Dartmouth in the West to Plymouth in the East.
TENURE
Freehold
SERVICES
Mains electricity, water and drainage. Gas fired central heating.
COUNCIL TAX
Band D.
DIRECTIONS
From the Luscombe Maye office in Kingsbridge travel north on Fore Street taking the next right on to Duncombe Street, after the dip take the next left on to Wallingford Road continue round the sharp righthand bend on to Fosse Road and the property can be found a short way up on the right hand side.
LOCAL AUTHORITY
South Hams District Council, Follaton House, Plymouth Road, Totnes TQ9 5NE. Tel: 01803 861234.
VIEWINGS
Viewing strictly by appointment with Luscombe Maye 01548 800 178.
AUCTION LEGAL PACK
This is available to download free of charge from our website to those who have registered with our auction partner, Bamboo Auctions. It is the purchaser's responsibility to make all necessary enquiries prior to the auction and we recommend purchasers to instruct a solicitor to assist.
VENDOR'S SOLICITOR
Beers Solicitors, attention Kim Hall,
29 Fore Street, Kingsbridge, TQ7 1AA
Tel: 01548 857000
Email: [email protected]
PROOF OF IDENTITY
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.
BUYER AND ADMINISTRATION FEE
The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a 'buyers fee' of £3,600 inc VAT is retained by Luscombe Maye and our auction partner, Bamboo Auctions as a contribution towards the online auction platform costs, and £1,400 forms the deposit which is payable towards the purchase price. The remainder of the 10% deposit (less £1,400) must be paid within 48 hours of the end of the online auction.
Location
Auction†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 Luscombe Maye Online Auctions 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 Luscombe Maye Online Auctions. 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.
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