A paddock situated on the edge of the popular village of Oakford totalling 2.39 acres. Sold via Traditional Online Auction. Direct Road Access. Additional land potentially available via separate negotiation. Freehold.

Method Of Sale - The land will be offered for sale by Online Auction (unless sold prior). The auction end date is 18th October at 5:30pm. The vendor reserves the right to withdraw or alter the land for sale prior to the auction end date. The land can be accessed via our website - Online Property & Land Auctions.

Situation - The land is situated on the outskirts of Oakford, a pleasant village north of Tiverton which has a village pub, church and hall. The nearby town of Bampton offers a generous range of facilities including schooling, a doctors' surgery, individual shops, public houses and restaurants with Exmoor National Park just a short drive away.

Tiverton has a good range of shopping and recreational facilities including a modern district hospital, 18-hole golf course, and sports centre. There are schools for all ages, including Blundell's School which offers discounts to local pupils. Junction 27 of the M5 is approximately 15 miles from the property, alongside which lies Tiverton Parkway Station.

Introduction: Auction Guide £30,000-£40,000 - The land comprises of a sloping pasture field which extends to about 2.39 acres.

The Northern boundary is defined by the stream. To the East is a residential property where the boundary is defined by a hedgerow. The Southern and Western boundaries are defined by fencing.

Most recently, the land has been used for grazing but would also be suitable for equestrian usage.

Services - Water from the stream, no electricity.

Access - Access is from the road on to Rookery Hill across the small entrance which is retained by the seller.

Tenure - Freehold and is available with vacant possession on completion.

Local Authority - Mid Devon District Council. Phoenix House, Phoenix Lane, Tiverton, EX16 6PP. [use Contact Agent Button]

Sporting & Mineral Rights - The sporting and mineral rights insofar as they are owned are included with the freehold.

Wayleaves & Rights Of Way - The land is sold subject to and with the benefit of any wayleave agreement and any public or private rights of way that may affect it.

Land Plan - A plan which is not to scale, is included with these sale particulars for identification purposes only.

Completion Date - The completion date will be 20 working days after the auction or as dictated by the solicitor

Definition Of Auction Guide & Reserve - Guide price(s) are an indication of the seller's expectation.

Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction

We expect the reserve will be set within the guide range.

Guide prices may change at any time prior to the auction.

Buyers & Administration Fee - Traditional Auction - The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a 'buyers 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.

An additional 'administration' fee of £1,200 including VAT will be payable by the successful purchaser immediately after the auction.

Deposit Payment - The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly. The remainder of the 10% deposit payment is handled by the buyer's solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.

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. There is no charge for administration.

Auction Legal Pack - This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc, and is available to download free of charge to those who have registered, from our auction partners website . It is the purchaser's responsibility to make all necessary enquiries prior to the auction. Further information about buyer's fees are available on Stags website.

Vendor Solicitor - Nigel Ayre - CROSSE WYATT Solicitors, 7, East Street South Molton EX36 3BX
P:[use Contact Agent Button]
E: [use Contact Agent Button]

Warning - Farms and land can be dangerous places. Please take care when viewing, particularly in the vicinity of farm buildings and livestock.

Viewing - Strictly by appointment through the agents, Stags, on[use Contact Agent Button].

Directions - From Tiverton proceed on the A396 towards Bampton, passing through Bolham and Cove. At the roundabout by the Exeter Inn, take the first exit signposted to Dulverton to stay on the A396. Continue for 2 miles and at the next junction keep left to merge onto the B3227, crossing the stone bridge. Proceed up the hill and after 1 mile turn left signposted to Oakford. Continue on the road and through the village passing The Red Lion pub on your right-hand side. Continue for a further 120m where the entrance to the field is found on the right-hand side.
What3Words: ///ballooned.tweaked.warm