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House For Sale £650,000
Whitehill Road, Newton Abbot


Description
A versatile farmhouse with excellent views on the outskirts of Newton Abbot with 5 acres. Online Auction on the 12th October at 18:00 (BST) EPC Band F.

Method Of Sale - The property will be offered for sale by Traditional Auction (unless sold prior). The auction end date is the 12th October 2023.

The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. The property can be accessed via our website - stags.co.uk.

Situation - The property is situated between Newton Abbot and Teigngrace with excellent road links via the A382 to the A38. Newton Abbot town centre is only a few miles away with its wide range of amenities including; various shops, restaurants and cafes, supermarkets, hospital, primary and secondary schools, leisure centre and train station with main line links to London Paddington. Nearby is the A38 which provides speedy access to Plymouth, Exeter and the M5 beyond. Whilst Dartmoor National Park and the sandy beaches of Teignmouth and Torbay are only a short distance away.

Description - Higher Loady Park offers a wonderful opportunity to acquire a versatile farmhouse in need of refreshment. The property offers accommodation across two storeys comprising three bedrooms, two reception rooms and a kitchen/diner. Adjoining the property is an attached two storey store which offers further opportunity to a purchaser. Held in the same family for generations, Higher Loady Park provides a refreshing chance to renovate a cherished farmhouse with over 5 acres of ground including a range of traditional farm buildings.

Outside - The property is entered via a private track to a parking area with storage buildings. Engulfing the property is 5.16 acres of pasture with a mixture of of predominantly sloping pasture and rough ground. To the rear of the property is a range of traditional farm buildings with a small lawn garden.

Services - Mains water and electricity. Private drainage. There is no central heating at the property.

Viewings - Strictly by appointment through Stags.

Agents Note - This property is approached over a farm track which is in poor condition and uneven.

Directions - From the drumbridges roundabout/A38, proceed towards Newton Abbot on the A382 for 2 miles passing Stover school and Plants galore. At the roundabout, take the third exit onto Ringslade Road signposted to Highweek, proceed up the hill for half a mile. At the top of the hill beside The Highweek Village Inn, turn left and follow the road to the left as it turns into Whitehill Road. Proceed down the hill for a quarter of a mile and the entrance to the property can be found on your left hand side.

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. There is no charge for registration.

Buyers Administration Fee - The successful purchaser(s) will be liable to pay the sum of £10,000. From this a "buyer's fee" of £2,400 (inc VAT) is retained by Stags/Bamboo as a contribution towards the online platform costs, and £7,600 is payable towards the purchase price. An additional "administration" fee of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction.

Deposit Payment - The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly.

Legal Pack - Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. Prospective purchasers will need to register with the Bamboo online platform in order to download the legal pack. It is the purchaser's responsibility to make all necessary enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation and to consult legal advice prior to bidding.

Please follow this link to get to the listing on Bamboo Auctions to find the auction pack:
Solicitor Acting - Sarah Rowles, Wollens Solicitors, Harbourside, 67 The Terrace, Torquay, Devon, TQ1 1DP. [use Contact Agent Button], [use Contact Agent Button]

Auction End Date & Time - Thursday 12th October at 18:00 (BST).

Completion Date - The completion date will be as dictated by the solicitor and included in the legal pack.

Definition Of Auction And Reserve - Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Guide prices may change at any time prior to the auction.

Special Conditions Of Sale - Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provisions of the latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.


Follow the link for more information:
        
onthemarket.com

  
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