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£250,000

Waltacre, Yealmpton

  • 2 beds
Bungalow
Under offer/SSTC

£250,000

  • 2 beds
Bungalow
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Estimate monthly mortgage payment:

£1,141 per month

Minimum deposit amount:

£12,500
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Full Details

ONLINE AUCTION ENDING 14th DECEMBER 2PM

DESCRIPTION

Offered to the market for the first time in 70 years by online auction, this period detached bungalow offers a wonderful opportunity to create a unique home on the edge of the village within the South Devon Area of Outstanding Natural Beauty. Situated on a quiet, leafy, private no-through road with nearby walks down to the river and into the local countryside from the doorstep, the property is also in walking distance the village amenities. The West facing plot of circa 0.25 acres is sloping but offers plenty of potential for growing vegetables, raising chickens and gardening.
Inside the property retains original features such as doors, pictures rails and a fireplace but is in need of full refurbishment throughout. Believed to date from the 1920s or 1930s the rooms have good proportions and high ceilings. There are two double bedrooms and two reception rooms, one of which has a multi-fuel stove which supplies one radiator and the hot water cylinder (also electric). To the rear is a small kitchen area currently furnished with a stainless steel sink, drainer and cupboard under. From the kitchen a door opens into a bathroom with bath, sink and WC.
Outside there are steps up to the property from road. The majority of the garden is laid to lawn with mature shrubs such as Hydrangea with hedges to the boundaries. A wooden garage with metal roof on a concrete pad provides storage or off road parking.
The property offers an opportunity for remodelling or extending subject to any necessary consents and there is no onward chain.

SITUATION

Waltacre is a quiet private no-through road on the edge of the village of Yealmpton within the South Devon Area of Outstanding Natural Beauty. The residents contribute to the up keep of the road (a track not suitable for vehicles with a low suspension such as sports cars). From the top of Waltacre there is a public footpath into the fields and at the bottom of the road a footpath into the woods and walks along the picturesque River Yealm. Waltacre is also within walking distance to the village amenities (around 10 minutes).
Yealmpton is ideally situated for commuting to Plymouth, the city centre being only seven miles away. Within the village there are health care facilities such as a GP health centre, dentist and optician, and shops such as a Post Office, general store, hairdressers, garage and filling station with londis convenience store, café, two public houses and a Chinese restaurant/take away. Yealmpton Primary school is rated 'Good' and secondary schooling is at the 'Good' Ivybridge Community College for which there is transport provided. The village boasts an active community with a wide range of social and sporting clubs and societies.
Surrounded by the beautiful South Hams countryside, with many walks along the River Yealm and beyond, Yealmpton has a rural feel. The yachting haven of Newton Ferrers is within a short drive while many of the sandy coves and beaches of the beautiful South Devon coastline are within easy reach, as are golf courses and the Dartmoor National Park. Plymouth itself is an historic and vibrant waterside city, well provided with colleges, grammar and public schools, a modern university, the Peninsula Medical School, Theatre Royal and cinemas, large department stores, cafés, bistros and restaurants. The leisure facilities are outstanding with superb water-sports in and around Plymouth Sound and the Plymouth Life Centre.

SERVICES

Mains water and electricity. Private drainage (shared with neighbour but situated within the boundary of the property). Hot water via cylinder (electric or from multi-fuel stove). Partial heating (one radiator powered by the multi-fuel stove).

TENURE

Freehold. The property will need to go through first registration on purchase with land registry. This property may not be suitable for lending - please check with your lender regarding their requirements for a habitable dwelling.

COUNCIL TAX AND LOCAL AUTHORITY

Band C. South Hams District Council.

VIEWING ARRANGEMENTS

Strictly by appointment with Luscombe Maye. Tel. .

DIRECTIONS

From our Yealmpton office proceed down Ford Hill and over the river. Take the first turning on the right after the bridge into Boldventure. Continue past the cottages and onto the track (not suitable for low clearance vehicles such as sport cars), through the old railway bridge piers and round the bends. The property can be found a short distance on the left hand side. Waltacre is a private road. What3Words: awesome.glance.lake

METHOD OF SALE

The property is offered for sale by Traditional Online Auction (unless sold prior.) The auction end date is to be confirmed and exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price.
The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.

AUCTION LEGAL PACK

This is available to download free of charge from our website to those who have registered with our auction partner, Bamboo Auctions. It is the purchaser's responsibility to make all necessary enquiries prior to the auction and we recommend purchasers to instruct a solicitor to assist.

VENDORS SOLICITORS

Foot Anstey, Attention Ollie Wilson The Quad, Blackbrook Park Avenue, Taunton, TA1 2PX

GUIDE PRICE

£250,000

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.

BUYER & ADMINISTRATION FEE

The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a 'buyers fee' of £3,600 inc VAT is retained by Luscombe Maye and our auction partner, Bamboo Auctions as a contribution towards the online auction platform costs, and £1,400 forms the deposit which is payable towards the purchase price.
The remainder of the 10% deposit (less £1,400) must be paid to your solicitor within 48 hours of the end of the online auction.

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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
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