STRATEGIC LAND IN DESIRABLE LOCATION
Land off Redwood Road, Sidmouth, EX10 9AB
- 0
Key features
Guide Price: *
£375,000
Fees apply
Buyer's fee:£3,600
Admin fee:£1,440
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
Opening bid:
£375,000Bid history
0 bidsA rare and exciting opportunity to acquire this swathe of strategically located land that extends to 5.97 hectares (14.75acres) being located within a favoured residential area. The land which is regularly used for grazing of livestock is bounded by natural hedge banks and enjoys vehicular access from both ends of the parcel. Also worthy of note are the two communication towers at the Western end which produce an income of c.£3,000 per annum along with there being a number of dilapidated barns and structures on the main parcel of land.
The property offers the obvious potential for continued use for agricultural use along with others who may envisage smaller parcels of equestrian paddocks and even the sale of parts for gardens of adjoining residences. However, the clear, longer-term, vision would be for total residential development of the area of course being subject to all the necessary consents being obtainable.
SITE MEASUREMENTS
Land extending to 5.97 hectares (14.75acres)
A rare and exciting opportunity to acquire this swathe of strategically located land that extends to 5.97 hectares (14.75acres) being located within a favoured residential area. The land which is regularly used for grazing of livestock is bounded by natural hedge banks and enjoys vehicular access from both ends of the parcel. Also worthy of note are the two communication towers at the Western end which produce an income of c.£3,000 per annum along with there being a number of dilapidated barns and structures on the main parcel of land.
The property offers the obvious potential for continued use for agricultural use along with others who may envisage smaller parcels of equestrian paddocks and even the sale of parts for gardens of adjoining residences. However, the clear, longer-term, vision would be for total residential development of the area of course being subject to all the necessary consents being obtainable.
SITE MEASUREMENTS
Land extending to 5.97 hectares (14.75acres)
Summary
- Auction end
- 20th May at 13:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
Guide Price: *
£375,000
Fees apply
Buyer's fee:£3,600
Admin fee:£1,440
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
Opening bid:
£375,000Bid history
0 bidsSummary
- Auction end
- 20th May at 13:00
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- N/A
This property is being sold by:
247 Property Auctions
01395247000
info@247propertyauctions.co.uk
†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 Proptech and 247 Property 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 247 Property Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Proptech or any individual in employment with Bamboo Proptech 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.
Pursuant to the Auctioneer Act 1845, this auction is being conducted by the auctioneer stated above. All participants in this online auction shall note that both the Auctions (Bidding Agreements) Act 1927 and 1969 shall apply.
Where stated in the bid box above, you agree that Bamboo may pre-authorise your card for the amount of the Buyer's fee and Deposit. You will only be charged if you are the winning buyer. We will release the pre-authorisation at the end of the auction. You card issuer may take up to 10 working days for this amount to be available to you in your account.
