Land For Sale £500,000
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 3.60% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Please refer to the footnote regarding the services and appliances.
What the Owner says:
A superb opportunity has arisen to purchase 8.4 acres of land with planning permission for the building of a detached residential dwelling. This stunning area includes fields and is surrounded by woodland so would make an ideal home for anyone looking to develop a small holding or who enjoys equestrian activities. Although it is surrounded by farmland and the idyllic countryside it is adjacent to Calbourne Road with a bus stop virtually outside the property. Buses go to the centre of Newport, which is only three miles away, while the top rated Blacksmith Arms pub and restaurant is within easy walking distance if you want to a drink and a meal without taking the car out. It has been in the same family for the past 25 years and not only have they enjoyed use of the barn and surrounding land but also seeing the wonderful sunsets.
Newport is the county town of the Isle of Wight and is virtually in the centre of the island and includes a variety of high street stores and independent shops as well as wide selection of restaurants and bars. There is a weekly street market and a farmers' market and a number of primary and secondary schools within the vicinity. It is not far from the Shide Nature Reserve and the walks or cycle rides along the River Medina. There is the Medina Leisure Centre and the Red House Spa as well as the Newport Golf Club is available for golfing enthusiasts and other.
Room sizes:
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Fine & Country, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 3.60% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Please refer to the footnote regarding the services and appliances.
What the Owner says:
A superb opportunity has arisen to purchase 8.4 acres of land with planning permission for the building of a detached residential dwelling. This stunning area includes fields and is surrounded by woodland so would make an ideal home for anyone looking to develop a small holding or who enjoys equestrian activities. Although it is surrounded by farmland and the idyllic countryside it is adjacent to Calbourne Road with a bus stop virtually outside the property. Buses go to the centre of Newport, which is only three miles away, while the top rated Blacksmith Arms pub and restaurant is within easy walking distance if you want to a drink and a meal without taking the car out. It has been in the same family for the past 25 years and not only have they enjoyed use of the barn and surrounding land but also seeing the wonderful sunsets.
Newport is the county town of the Isle of Wight and is virtually in the centre of the island and includes a variety of high street stores and independent shops as well as wide selection of restaurants and bars. There is a weekly street market and a farmers' market and a number of primary and secondary schools within the vicinity. It is not far from the Shide Nature Reserve and the walks or cycle rides along the River Medina. There is the Medina Leisure Centre and the Red House Spa as well as the Newport Golf Club is available for golfing enthusiasts and other.
Room sizes:
- Detached Barn
- 8.4 Acres Of Land
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Fine & Country, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
