LOT
130
On instructions of the executor we are pleased to offer for sale by public auction a five bedroom, three storey 1930's semi detached property that is offered to the market for the first time in circa 70 years. Although in need of modernisation it retains a wealth of character features and with its stunning views of the river, Kilminorth Woods and West Looe it offers the opportunity for use as an enviable family home, a B&B, or for conversion subject to any requisite consents.
The ever popular seaside town of Looe offers a wide range of shopping, leisure and recreational facilities and amenities, with a plethora of bars, cafes and restaurants, amusement arcades, a working harbour and sandy beaches, with a railway line linking to Looe to Liskeard and being readily commutable to Plymouth city centre.
Entrance vestibule, hallway, sitting room, dining room and kitchen.
Landing, two bedrooms, airing cupboard, wc and bathroom.
Landing and three bedrooms.
Verandah and garden with fabulous views of the river, Kilminorth Woods and West Looe. Rear courtyard with two block built storage sheds, WC and large mature terraced garden.
Strictly by prior appointment with Stratton Creber Looe 01503 262271. General enquiries Countrywide Property Auctions 01395 275691.
The property has had stage two testing for mundic block returning a Class B for the samples tested and as per paragraph 9 of the report which is included in the legal pack, the inspection of the building did not reveal any significant 'mundic' related structural defects to the concrete walls of the property. The property is deemed suitable for cash purchasers only.
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GUIDE PRICES & RESERVE PRICES
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Lamorna, Shutta Road, Looe, Cornwall PL13 1HW
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An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer.
Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
A successful purchaser will also be required to pay a Buyer’s Administration Charge of 1.2% of the purchase price subject to a minimum fee of £1,800 including VAT (unless stated otherwise within the property description in the catalogue) by debit card or bank transfer.
You are bidding on the basis that you have made all necessary enquiries, particularly in respect of lots the auctioneer has not inspected or had initial sight of tenancy details, and have checked the General and Special Conditions of Sale and are satisfied that you fully understand their content. Please note that some legal packs may contain additional fees (such as the requirement for the seller to pay the vendor's legal fees).
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