A spectacularly located, 2-bedroom bungalow with paddock and stable, offering an exceptional opportunity to renovate or rebuild (STP), 0.86 acres in all. For Sale by Informal Tender, Closing - Weds 01/11/23 at 12:00pm Midday, Extraordinarily Rare Development Opportunity, Bungalow and Outbuildings in 0.86 Acres, Undoubted Scope to Renovate or Rebuild (STP), Half-acre Paddock and Stable, Direct Outriding, Incredible Position with No Direct Neighbours, Breath-taking Panoramic Views, Council Tax Band: C, Freehold, EPC Band: D.

Situation - This detached bungalow occupies a large, mainly level, south and west-facing plot of approx. 0.86 acres, in an incredibly peaceful and picturesque setting outside of Tavistock, at Grenofen, within the Tamar Valley AONB. The property is situated along a quiet lane with no direct neighbours, being surrounded on all sides by open pasture and enjoying some uninterrupted, panoramic views across West Devon and the Walkham Valley, with Dartmoor clearly visible in the distance. At the end of the lane, 450 yards away, there is access to West Down Common and Longham Wood (known as Doublewaters, where the rivers Tavy and Walkham meet), which is perfect for those with equestrian interests or who enjoy walking, cycling and exploring. Whitchurch Down, leading onto the full expanse of Dartmoor National Park, is 1.7 miles away. Grenofen itself is a small hamlet 2 miles outside of Tavistock where there is a popular licensed cafe located on the National Cycle Route 27 (Drake's Trail) and from where there is easy access into the town itself. Tavistock is a thriving market town, rich in history and famed for being the birthplace of Sir Francis Drake. The town offers a superb range of shops, and recreational and educational facilities, including the sought-after private school, Mount Kelly. The famous port city of Plymouth is 15 miles to the south. The cathedral city of Exeter lies some 40 miles to the northeast, providing transport connections to London and the rest of the UK via its railway links and the M5 motorway.

Description - Offered to the open market for the very first time, with no onward chain, this detached 2-bedroom bungalow represents an extraordinarily rare opportunity. The bungalow is in need of significant investment and would lend itself to extension (outwards and/or upwards), renovation and remodelling, although the possibility may also exist to replace the existing dwelling, all subject to any necessary consents and approvals. At present, the accommodation comprises an entrance porch/utility, hallway, kitchen, open-plan sitting room, conservatory, two bedrooms, shower room and a separate WC. Attached to the bungalow is a series of outbuildings and stores of blockwork and corrugated metal construction, including a garage. Externally, the bungalow is approached over a sweeping drive into a large parking area, sufficient in size for several vehicles, where there is also a detached, single 14'x13' loose box of timber construction. Flanking the drive, to the side of the bungalow, is a meadow paddock of approximately half an acre. This should appeal to those with equestrian interests and those seeking either to accommodate other domestic livestock or to establish a productive vegetable garden. The bungalow is served by pretty, lawned gardens to the side and rear, positioned to take full advantage of the breath-taking views.

Services - Mains electricity, private water (borehole), private drainage (septic tank), oil-fired central heating. Please note that the agents have neither inspected nor tested these services.

Method Of Sale - Informal Tender - The Property is offered for sale as a whole by Informal Tender. The closing date for tenders to be submitted is Wednesday 1st November 2023 at 12:00pm midday. An informal tender form is available from Stags; tenders are to be submitted in writing to Stags, Tavistock. Should an offer be accepted we will require from you proof of your funding. In addition, under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on purchasers to verify their identity. This will be an online check undertaken by Stags. Please refer to the informal tender form. The vendors do not undertake to accept the highest or any offer received.

Viewing - Viewing is strictly by appointment with Stags, unaccompanied viewings are not permitted - please respect the vendor's wishes in this respect. Open-house viewing sessions will be scheduled, please contact us for availability.

Agents Notes - 1. The larger stable block appearing in our photographs is not included in the sale.
2. The property is vacant - photographs were taken whilst the property was tenanted.