Land at Littlegate, Loddiswell
Loddiswell, Kingsbridge, TQ7 4RB
- 27
Guide Price: *
£20,000
Fees apply
Buyer's fee:£3,600
All fees include VAT at 20%
Holding Deposit: *£1,400
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£22,000Bid history
5 bidsJThis is an automatic bid as the bidder has set a maximum bid for this lot
08/08/2023 10:55:03 - £22,000
M
08/08/2023 10:55:03 - £21,750
JThis is an automatic bid as the bidder has set a maximum bid for this lot
08/08/2023 08:02:52 - £21,500
See all 5 bids ▾
DIRECTIONS
Access to the land may be gained over a part privately owned and part council owned road, off New Road in the heart of the village. This road leads to 1, 2 and 3 Littlegate Cottages (see site plan) but also provides pedestrian and vehicular access to the land being sold.
What3words: including.profile.brighter
SITUATION
The land at Littlegate is situated near the heart of the village of Loddiswell, in the South Hams area of South Devon.
The nearest town of Kingsbridge is about 3 miles away and the A38 dual carriageway expressway, connecting to the M5 motorway and national road network, being about 10 miles to the north.
DESCRIPTION
This area of land extends to approximately 0.83 acres (0.34 hectares) and is as outlined red on the site plan forming part of these sales particulars.
This area of bare land comprises a pond, but also has been left to rewild making it an attractive conservation/wildlife habitat.
Pedestrian access can be gained to the land by way of a public footpath in the south west corner, but there is also a wider access running along the north boundary for vehicles.
DEVELOPMENT POTENTIAL
A previous planning application for residential development (submitted prior to 2007) was refused, but with the land being located amongst other residential properties it may offer potential for future residential development (subject to planning).
PUBLIC RIGHTS OF WAY
A public footpath runs along the south boundary of the land.
SERVICES
There are no services to the land.
RESTRICTIVE COVENANT/OVERAGE AGREEMENTS
There are no overage agreements or restrictive covenants attached to the land preventing residential (or other) development in the future.
METHOD OF SALE
The property is offered for sale by Traditional Online Auction (unless sold prior.) The auction end date is Tuesday 8th August at 12pm and exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price.
The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.
AUCTION LEGAL PACK
This is available to download free of charge to those who have registered, from our auction partners website. It is the purchasers responsibility to make all necessary enquiries prior to the auction and we recommend purchasers to instruct a solicitor to assist.
GUIDE PRICE
£20,000
BUYERS & ADMINISTRATION FEE
The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a 'buyers fee' of £3,600 inc VAT is retained by Luscombe Maye and our auction partner (Bamboo Auctions) as a contribution towards the online auction platform costs, and £1,400 forms the deposit which is payable towards the purchase price.
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.
VENDORS SOLICITOR
FAO Richard Jones, Beers Solicitors, 29 Fore Street, Kingsbridge, TQ7 1AA, Tel 01548 857 000.
VIEWING
Strictly by appointment with the Sole Selling Agents, Luscombe Maye of 62 Fore Street, Kingsbridge, TQ7 1PP. Telephone 01548 800176 for details.
Summary
- Auction end
- 8th Aug at 11:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Summary
- Auction end
- 8th Aug at 11:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
This property is being sold by:
Luscombe Maye - Farm and Land
01364 646 177
6 Fore Street South Brent TQ10 9BQ
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Luscombe Maye Online Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Luscombe Maye Online Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.