Land for sale

13.44 acres of land including pasture, woodland and a large pond. Freehold.

Method Of Sale - The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date will be announced shortly. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. The property can be accessed via our website - Online Property & Land Auctions.

Situation - The land is located at East Chilla, about 1.8 miles north of Halwill Junction in the Torridge district of Devon. The land is situated in a peaceful, rural area and is nestled with an area comprised of pasture fields and woodland.

The local population benefit from a popular Inn, Primary School and Church at Halwill Junction but a more comprehensive range of amenities can be found in Okehampton. There is also access to the A30, providing a direct link to the city of Exeter and M5 motorway.

Introduction: Auction Range £150,000 - £175,000 - The land at East Chilla extends to about 13.44 acres and comprises about 9.03 acres if pasture, 3.45 acres woodland and a pond of just under 1 acre.

The pasture is gently sloping and is surrounded by boundaries of mature hedging and stock fencing. To the centre of the pasture is a large pond with an island. The water body is naturally fed and has been stocked with carp, perch and tench.

To the north of the land is a parcel of about 3.45 acres of mixed woodland which is predominately level. The woodland contains a disused pheasant pen.

The land is reached by a right of way over an entrance track to the south.

Services - No services connected.

Access - Access to the public highway by a right of way. There is a footpath which crosses the land.

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

Local Authority - Torridge District Council
Sporting And Mineral Rights - The sporting and mineral rights insofar as they are owned are included with the freehold.

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

The land is reach by a right of access over a track
There is a pubic footpath which crosses the land.

Plans & Boundary Fences - A plan which is not to scale, is included with these sale particulars for identification purposes only.
The vendor shall not be called upon to define the ownership of boundary fences.

Completion Date - The completion date will be dictated by the solicitor and included in the legal pack.

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

Buyers & Administration Fees - 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 inc 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 - 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, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.

Vendors Solicitor - FAO Connie O'Donnell of Michelmores
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Viewing - By appointment only. Please contact Stags Farm Agency on[use Contact Agent Button].

Directions - From Halwill Junction head north on Chilla Road for about 1.5 miles. Turn left onto the private unmade drive, East Lake. Park opposite Orlands Cottage and continue to walk along the lane. Turn right at the fork and continue to the field entrance which will be straight ahead at the end of the track.
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Warning - Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock.