Development site with OPP for 3 houses plus part of adjoining field. Total 1.56 acres. Auction 9th February. Additional 1.76 acres available adjoining as Lot 2

Situation - The land is situated in the small village of East Anstey which lies within easy reach of the A361 North Devon Link Road (4 miles) and close to the Exmoor National Park. East Anstey has a primary school and parish church (St. Michaels) and the nearest amenities are found at Dulverton, 5 miles to the north-east, which has a primary school, churches, doctors and vets as well as a range of shops, pubs, restaurants and cafs. The market towns of South Molton (12 miles) and Tiverton (12 miles) offer an extended range of facilities. Exmoor National Park is a short distance north and provides spectacular scenery and excellent walking, riding and fishing. The North Devon coast with its dramatic coastline and sandy beaches at Putsborough, Saunton and Croyde, is also within easy reach.

Description - The property is to be sold in 2 lots.
Lot 1 is the development site has permission for three dwellings, one detached house and two semi detached houses. A condition of the planning permission states that no property shall have more than two bedrooms or a total internal floor space of more than 100 square meters. The development site amounts to about 0.23 acres though part of the field adjoining is included so Lot 1 amounts to 1.56 acres. The buyer will be responsible for erecting a new fence on the boundary marked A to B on the plan

Lot 2 is the remainder of the field with its own gate off the road. It totals 1.76 acres

Estate Agents Act 1979 - It should be noted that the owners of the property are current and former Partners of Stags.

Planning Permission - North Devon Council granted outline planning permission on the 29th September 2021, application number 73012 - the planning consent and accompanying documents are available on the North Devon District Council Website and will be in the auction pack

SECTION 106 AGREEMENT - there is a Section 106 agreement between the eventual owner and The District Council in regards to a Recreation contribution for the enhancement and/or improvement of East Anstey Village Hall. This is in the auction pack

Services - No services are currently connected to the site. Purchasers must make their own enquiries of the relevant authorities but it is believed a water main is in the road adjoining and mains electricity is in the village. A private drainage system will have to be installed on Lot 1 including an Attenuation pond on the filed of Lot 1.

Method Of Sale - The development land will be offered for sale by Online Traditional Auction. The Auction end date is the 9th February 2022 - Lot 1 at 5PM Lot 2 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

Buyers And 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 Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
There will be an additional administration charge £1200 including VAT

Proof Of Identity - Under the 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.

Definition Of Auction And Reserve - -Guide price is an indication of the seller's expectation.
-Reserve Price is 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.

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. ()
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 - Morwenna Pugsley, Hole and Pugsley, 6 St Peter Street, Tiverton, EX16 6NX Tel;[use Contact Agent Button] email; [use Contact Agent Button]

Completion Date - The completion date will be 28 days from the auction or earlier by arrangement.

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 provision of the latter shall prevail. Special conditions of sale/auction information pack will be available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.

Directions - Leaving Junction 27 of the M5, take the A361/A38 exit to Barnstaple/Tiverton/Wellington, at the roundabout, take the 1st exit onto A361, at the next roundabout take the second exit to stay on the A361. After approximately 5.1 miles turn right on to Woodburn Hill, after 1.9 mile turn right, follow the road for 1 mile and continue onto Woodburn HIll, slight left then after 0.6 turn right on to Oldway Road, after 0.3 miles turn left at Hawkwell Cross and after 0.3 miles the land is on the left opposite Froude House.