Listed for £170,000
June 25, 2024
Sold for £75,000
2001
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £170,000! If you are looking for an opportunity to purchase a project property then look no further, not only is there fantastic scope to add value to this home, it boasts panoramic views over Minehead toward the Welsh Coast, it also backs onto parkland often frequented by deer!
This property will be legally prepared, enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.
The accommodation in brief comprises an entrance hall with stairs to the first floor and a door into the lounge. The lounge enjoys a large picture window to the front offering panoramic views over Minehead to the coastline, the lounge is open to a dining room which has sliding doors onto the rear terrace. The dining room opens into the kitchen which would benefit from updating, it too benefits from sliding doors onto the rear garden.
Upstairs is a landing area with window to the side, airing cupboard and doors to the first floor rooms. The principal bedroom is to the front of the property and has a substantial window to the front spanning the width of the frontage and offering outstanding panoramic views. There are two built in cupboards around the stairs bulkhead and a WC and wash basin to one end which highlight the scope to create an en suite. The family bathroom features a unique full height skylight over the corner bath, together with a WC and wash basin. Bedrooms two and three enjoy views over the rear garden and parkland beyond where deer can often be observed!
The property is in need of refurbishment throughout and as such offers an excellent opportunity for purchasers to add value, add to or begin a rental portfolio or even to renovate and occupy!
Ross loves - “Having renovated my first home together with my wife, I love to see properties that offer potential and this home offers potential in abundance! The real attractive feature for me with this one however is the unique elevated position. There are very few affordable properties that enjoy views such as this and in addition back onto parkland. Personally I can see bifold doors along the back opening onto an entertaining terrace (which is south facing!) with a large open plan kitchen/dining room, leaving a cosy lounge at the front enjoying the sea views!”
Material Information - Tenure - Freehold. Council Tax Band B. EPC Rating E. Type/Construction - End of Terrace. Understood to be standard construction. All mains services are understood to be connected, including mains gas. Requires a central heating system. The property benefits from a side driveway with ample off road parking for three vehicles.
To understand mobile phone and broadband coverage/availability in the area please use the following link - information relating to flood risk in the area, interested buyers are advised to use the following link - postal code for the property is TA24 6EA.
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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