An attached cottage tucked away off a private lane, away from through traffic, this characterful property offers a great deal of scope for renovation to capitalise on the location. The tree-lined setting is secluded and remarkably private. Within a few minutes’ walk are the village primary school, well equipped Cooperative store, butchers, bus stop, church, and Post Office. In the lower part of the village is the Yealm Yacht Club, The Dolphin pub, pharmacist and the waterfront. This area is designated and protected as an Area of Outstanding Natural Beauty.

The cottage boasts thick stone walls to the main portion, and a large sitting room with exposed beams and oil fired “woodburner”. General renovation and updating would now be desirable. Outside there is a partly walled level front garden with small lawn, paving, gravel area and open garage, and separate small copse. To the side there is a south-facing flagstone paved patio.

NOTE: We have been made aware of an outbreak of Japanese Knotweed, details of the survey and associated management plan costs are available from the auctioneer and in the auction pack. This will be the purchasers responsibility to manage.

METHOD OF SALE The property will be offered for sale by auction at the Rose & Crown, Yealmpton at 3.00pm on the 18th May 2023. A 10% deposit based on the sale price will be payable at the fall of the hammer and in addition a 1% buyer’s premium will be payable to the vendor’s sole selling agents by means of a BACS payment at the time and venue of the auction.

PROXY BIDS Those not able to attend the auction but intend to use a proxy must complete and return a proxy form and have with them at the time of the auction a cheque made payable to the vendor’s solicitor for 10% of the guide price.

SPECIAL CONDITIONS OF SALE Copies of the Special Conditions of Sale can be obtained from either the vendor’s sole agents, Marchand Petit, 94 Fore Street, Kingsbridge, Devon TQ7 1PP. Telephone[use Contact Agent Button], or from the vendors solicitors Bright Solicitors, Studio 5-11, 5 Millbay Road, Plymouth, PL1 3LF Jack Waterfield[use Contact Agent Button].

BUYER’S PREMIUM A Buyer’s Premium of 1% plus VAT of the hammer price will be payable to the sole agents and auctioneers in addition to the purchase price and deposit payable to the vendor’s sole agent at the auction. In the event the property is sold prior to auction or after the auction the Buyer’s Premium remains payable to the vendors sole agent in accordance with the contract.

SALE PLAN: A location and sale plan for identification purposes only have been prepared for the benefit of these details showing the extent of the property and garden.

MONEY LAUNDERING REGULATIONS All interested buyers attending the auction and intending to bid should register for anti-money laundering purposes providing proof of identity and address in order that we can comply with Money Laundering Regulations.

COMPLETION It is proposed that completion will take place 28 days from the auction date or sooner by mutual agreement.

AUCTION CONDITIONS Our standard auction conditions can be viewed on our website under Marchand Petit's Standard Auction Conditions.
AGENTS NOTE
We have been made aware of an outbreak of Japanese Knotweed, details of the survey and associated management plan costs are available from the auctioneer and in the auction pack. In an update to previous information the seller has now instructed Environet to carry out the Resi-Dig-Out prior to the auction at their cost which will come with a 10 year backed insurance guarantee.

SERVICES Mains water, drainage, electricity.

TENURE Freehold.

VIEWING
Very strictly by appointment only through Marchand Petit (Newton Ferrers office). Tel[use Contact Agent Button].

Money Laundering Regulations
Prior to a sale being agreed, prospective purchasers will be required to produce identification documents. Your co-operation with this, in order to comply with Money Laundering regulations, will be appreciated and assist with the smooth progression of the sale.