Bidding Opens On

16th March 2023

Scheduled End Date

31st March 2023 12:00

HOUSE FOX estate agents offer for sale this chalet bungalow situated in Sand Bay occupying a prime beachfront and set on a large level plot this property represents a great opportunity to either refurbish throughout or to (with appropriate permissions) build a new house in its place.

The original chalet bungalow consists: entrance lobby, hall, three downstairs reception rooms with one room having been used as a bedroom, kitchen & bathroom.

Upstairs off the Landing are two further double bedrooms.

Far reaching sea views are visible particularly from the first floor.

Outside the property sits on a good size plot estimated to be around a fifth of an acre in total with a garage to the side & block built stable to the rear.

Ample opportunity to extend or re-build (with permissions) a larger modern style house as many neighbouring properties have already done

Viewing strictly via open house dates TBC.

Agents note: We believe there is an active Badger Sett in the grounds. Here is a link to the government web page giving further information:

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Opening Bid and Reserve Price

This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.

Comments

This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.

By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.

Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer's Premium of £6,600 including VAT, plus a buyer's administration charge of £354 including VAT, a total of £6,954. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.

The Buyer's Premium and buyer's administration charge are in addition to the final negotiated selling price.

All buyers will be required to verify their identity and provide proof of how the purchase will be funded.

Buyer's Administration Charge

If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £354.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.

Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Entrance Lobby


Hall
Stairs to first floor.
Doors to all principle rooms.
Cupboard plus under-stairs cupboard.

Lounge
3.6m x 5.164m (11' 10" x 16' 11")
Front bay window.
Double doors to Dining room

Dining Room
3.612m x 3.014m (11' 10" x 9' 11")
Dual aspect windows.
Return door to Hall

Kitchen
2.512m x 3.577m (8' 3" x 11' 9")
Dual aspect windows.
Older style range of base & eye level units.
Wall mounted Worcester gas boiler.
Door to rear lobby.

Rear Lobby
Door to rear garden & door to Pantry style cupboard.

Reception room/Bedroom 3
Bay window to front

Bathroom
White suite consisting panel bath with electric shower over, WC, bidet & pedestal wash hand basin.

Landing
Window to front aspect enjoying spectacular far reaching sea views.
Doors to both bedrooms.

Bedroom
3.616m x 3.595m (11' 10" x 11' 10") max - sloping ceilings.
Window to side aspect.

Bedroom
3.6m x 3.1m (11' 10" x 10' 2")
Window to side.

Outside
The property is sat centrally on a good size plot estimated to be around a fifth of an acre.
Mostly laid to grass with single garage to side & ample driveway parking.
Block built stable to rear garden.
Huge opportunity to extend in all directions.