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£200,000

Lower Lane, Shepton Mallet, BA4

  • 4 beds
Other

£200,000

  • 4 beds
Other
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Estimate monthly mortgage payment:

£913 per month

Minimum deposit amount:

£10,000
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Description

An attached character cottage in a quiet backwater of the town. The property requires a programme of renovation and modernisation throughout, however, has the benefit of not being Listed.

Accessed over a foot bridge across the river Sheppey and through the cottage garden leading to the entrance hall which has a flagstone floor. The accommodation is arranged over three floors comprising on the ground floor a sitting room with built in glazed cupboards. Across the hall, the dining room has an exposed stone wall and a fireplace. Adjoining this room is the kitchen with wall mounted gas boiler, sky light, plumbing for washing machine, door to side garden and door to a downstairs cloakroom.

On the first floor there are two bedrooms (one double and one single). The double bedroom has a cast iron fireplace and built in cupboard. The first floor also includes a family bathroom with panel enclosed bath, low level wc and pedestal wash hand basin.

The second floor has two further bedrooms.

Outside

There is a cottage garden to the front enclosed by a wall. Accessed from the kitchen is a private courtyard style garden well stocked with a variety of plants and roses. A path leads to the rear of the property where there is an old storage shed / workshop as well as a further area of garden. There is no parking with the property but on road parking is available in Leg Square or Lower Lane. The river Sheppey fronts the property and flows between Lower Lane and the dwelling.

Additional Information

The property has a gas heating system.

Completion

Completion has been set for 26th September 2024, or earlier by agreement.

Registering to bid and Administration fee

Cooper and Tanner require all bidders who wish to bid at our Auction to register beforehand, whether you are intending on bidding in the room, by proxy or online. As part of the registration process, you will be asked to provide card details in order that the Buyer’s Administration Fee of £1350 inc VAT can be paid if you are successful. A week before the auction a hold will be placed on your account for this sum, which will then be released if you are unsuccessful. This fee will only be taken if you are the successful buyer. The fee is retained by Cooper and Tanner and does not form part of your deposit or completion settlement. Please also be aware that the Buyer’s Administration fee is payable per lot purchased and applicable to all pre-auction sales. If you are successful in purchasing more than one lot, we will contact you following the auction to take subsequent payments for additional lots bought. All checks required by current anti-money laundering legislation must be satisfactorily completed, as part of the registration process before prior approval to bid will be granted; this will include providing proof of funds.

Deposit

Successful bidders will be required to pay to the Cooper and Tanner Client Account the deposit of 10% of the purchase price within 24 hours of the auction. The account details will be provided to the successful bidder on conclusion of the auction. Once funds are cleared, they will be transferred on to the account of the solicitor acting for the seller. Please ensure that funds are in an account suitable to be able to make an Electronic Transfer from.

Local Council: Somerset Council

Telephone: 0300 303 8588

Council Tax Band: Band B

Services: We understand mains water, electricity, gas and drainage are connected. Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.

Tenure: Freehold with vacant possession.

VAT: The purchase price is not subject to VAT

Viewing: Strictly via Cooper and Tanner, Shepton Mallet office – 01749 372 200.

Solicitors

Mogers Drewett, Sherborne

Telephone: 01935 813691

Samantha Cook acting

Ref: GPT/10972



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Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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