This property is no longer on the market
Land
Key information
Property description & features
- Tenure: Freehold
- For sale by Online Auction
- About 24.6 acres of pasture and woodland
- About 21 acres of pasture
- Guide price £140,000
- Freehold
Method Of Sale - The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Tuesday 12th November 2024 at 5pm. 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 at Lower Longwood occupies an attractive position overlooking the Torridge Valley and is situated about 1 mile from Highampton.
The local population benefit from a popular Inn, School and outreach Post Office at Highampton 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 Guide £140,000 - The land at Longwood extends to 24.61 acres (9.95 hectares) and comprises a mixture of level and gently sloping grassland suitable for grazing and mowing with views overlooking the Torridge Valley. The land also includes pockets of woodland providing conservation, amenity and sporting appeal.
Services - No services connected.
Access - Direct access to the public highway.
Tenure And Possession - Freehold and is available with vacant possession on completion.
Local Authority - West Devon Borough 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.
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.
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.
Buyers & Administration Fees - The successful purchaser(s) will be liable to pay the sum of £7,500. 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 £5,100 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.
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 Irene Richardson of Clarke Willmott
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Viewing - By appointment only. Please contact Stags Farm Agency on[use Contact Agent Button].
Warning - Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock.
Directions - From Highampton on A3072 take the turning signposted Sheepwash and then turn immediately right, signposted Village Hall, and continue along this road for approximately half a mile and the field entrance can be found on the left hand side. What3words///left.craftsman.lure
Disclaimer - These particulars are a guide only and should not be relied upon for any purpose.
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