2 Land Opportunities Near the Centre of Plymouth For Auction1st November 2023. Just 1.2 miles from Derriford Hospital. Road Frontage & Surrounded by Houses. 2 sloping fields with stream frontage and attractive views towards Dartmoor. Ideal for livestock / pony grazing or perhaps "The Good Life" growing one's own vegetables, or just an extensive amenity area. Auction Guide £30,000 - £50,000 per lot.

Method Of Sale - Two lots offered for sale in an Online Traditional Auction (unless sold prior.) The online auction is scheduled to end 1st November 2023. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. Further adjacent land lots, as can be seen from the particulars also available by separate negotiation and are likely be offered for auction at a later date (To be Confirmed). The property can be accessed via our website stags.co.uk - Online Property & Land Auctions.

Situation - The land is ideally located within the popular residential area of Crownhill, close to Derriford hospital, not far from the city centre and the A38 for Exeter and Cornwall. Local amenities are within walking distance, whilst there are regular bus services into the city centre. The Dartmoor National Park is just a short drive away and offers great opportunities for those who enjoy walking, riding and other outdoor pursuits.

Description - The land comprises 13.66 acres in all of mainly sloping pasture, some small areas of naturally regenerated woodland, running down to a stream on the northern boundary. located in the middle of Plymouth.

Lots 1 and 2 are similar amenity land lots measuring 2.97 acres and 3.21 acres respectively. Both have stream frontage and are guided at £30,000 - £50,000 each.

The land is a rural oasis in the the middle of the built up city of Plymouth. Whilst riding out from here is not very practical, there is an opportunity to 'box up' and drive to nearby Dartmoor for unrivalled riding. The land would equally be suited for the grazing of perhaps a retired horse or donkey or other pets. (The current owners have enjoyed keeping donkeys and 2 very friendly pigs!)

Given the convenient location for many it would also suit somebody with an in interest in wildlife or somebody who also wants to grow their own vegetables (Goodlife Style)., Given the excellent fencing and privacy, it could also be used for a safe area for ones children or dogs to play, , or just a pleasant private area to picnic beside the stream that might turn out to be a good long term investment., perhaps with long term potential.

Services - Mains water and electricity are not currently connected.

Overage Clause - A previous owner has the benefit of an Overage provision running until 2050, that requires the Owner (at the time) to pay 35% of the uplift in value attributable to residential or commercial development (not including agricultural or equestrian development),but only triggered on the sale of the property after such planning permission has been granted. Full details within the Legal Pack.

Fencing - The individual lots are all currently fenced. Each lot purchaser will be responsible for maintaining their section of the existing perimeter deer fence, to enable the whole area to remain stockproof to deer (for as long as any of the land within the existing deer fence perimeter is in "agricultural/horticultural use."

Wayleaves And Rights Of Way - There is an overhead high voltage supply that crosses the land. There are no public rights of way crossing the property. Please see the Legal pack for details of private access rights for the benefit of the various lots and one neighbour to the west.

Local Authority - Plymouth City Council, Plymouth, PL1 3BJ T:[use Contact Agent Button] E: [use Contact Agent Button] W:
Tenure & Completion - The property is sold freehold with vacant possession on completion 6 weeks after the auction or earlier by agreement.

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 Bamboo and complete the ID checks in advance of the auction date. There is no charge for registration.

Buyers & Administration Fee - The successful purchaser(s) of each lot will be liable to pay the sum of £5,000. From this a buyer's fee of £2,400 inc VAT is retained by Stags/Bamboo as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.

An additional administration fee for each lot of £600 inc VAT will be payable by the successful purchaser immediately after the auction.

On Completion, the purchaser(s) shall also reimburse the vendor the cost of the searches carried out, (This would usually be paid by a buyer in a private treaty sale.)

Deposit Payment - The Seller and Buyer agree that the winning Bidder of each lot 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.

Auction Legal Pack - Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. Prospective purchasers will need to register with the Bamboo online platform in order to download the legal pack. It is the purchaser's responsibility to make all necessary enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding. We shall not be making it available for inspection at Stags' offices.

Vendor's Solicitors - GA Solicitors 25 Lockyer Street Plymouth PL1 2QW FAO Jacob Cunningham T:[use Contact Agent Button] E: [use Contact Agent Button]

Viewing - Strictly by prior appointment with the vendor's appointed agents, Stags Plymouth Office on[use Contact Agent Button].

Directions - What3Words:///tools.reap.insert

Directions from Manadon Roundabout - Take the exit marked Tavistock & Derriford Hospital, merge onto Manadon Hill following A386, take left exit B3373 to Tamerton Foliot, at roundabout take first exit onto B3873 Budshead Road, keep Left on Crownhill Rd/B3413, continue to follow B3413, turn right onto Fort Austin Ave, the land will be on the left just after Royal Briotish Legion Building and 0.3 miles before the Garden Centre. No For Sale Board has been erected. The access drive lies between 129 and 131 Fort Austin Avenue. See Plan for precise position of Lots 1 and 2.

Definition Of Guide And 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 or no more than 10% above a single guide figure. Guide prices may change at any time prior to the auction.

Special Conditions Of Sale - Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provisions of the latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.