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Land For Sale £16,000
South Zeal, Okehampton, Devon EX20


Description
Coming soon via online auction! This gently undulating copse within the Dartmoor National Park has a pleasant babbling leat to the lower side, providing a fresh water source. The majority of the plot is granite stone walled and enjoys a peaceful yet accessible location. The total grounds measure approximately 0.5 acres.

The Walled Copse Comprises a largely walled copse of approximately 0.5 acre. The grounds are lightly wooded with sapling trees in the main and would be ideal for a variety of horticultural and leisure uses.

Agents Note It is our opinion that planning for development or residential use is unlikely to be granted for this plot. Any enquiries relating to a change of use or planning considerations should be directed to the relevant local authority.

Local Authority West Devon Borough Council.

Agents Notes This property is being sold by conditional online auction and a non refundable reservation fee of £5000 or 3.5% + VAT applies (in addition to the purchase price). If you are the successful bidder, you will be charged the amount of £5,000 + VAT (£6,000), which will be processed online, immediately at the end of the auction, only if you are the successful bidder. You must pay any outstanding amounts of the reservation fee immediately at the end of the auction. You will then have 20 working days within which to exchange contracts, and a further 28 days to complete the purchase. Terms and conditions apply to the modern auction method of sale, which is operated by Bradleys Property Auctions. Place a bid on

Definition of Guide Price & Reserve Price

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, 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. Bids may be accepted by the system but the property will not sell if the bidding does not reach the reserve. 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.

Follow the link for more information:
        
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