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£120,000

Devon Square, Kingsbridge, TQ7 1EE

  • 2 beds
Cottage

£120,000

  • 2 beds
Cottage
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Estimate monthly mortgage payment:

£548 per month

Minimum deposit amount:

£6,000
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Full Details

DESCRIPTION

This Grade II listed cottage, located in the heart of Kingsbridge, presents a unique opportunity for those looking to infuse their own style and creativity into a home with character. The property features open-plan living spaces, a utility room, bathroom, and two double bedrooms, offering a solid foundation for a thoughtful renovation. Please note that 20% of the roof is currently covered by tarpaulin. Planning permission has been granted for its replacement. Prospective buyers will need to obtain their own quotes for the required works. Additionally, a leak from one of the water pipes has caused some internal water damage. A viewing is recommended.

The property is sold as seen.

SITUATION

Kingsbridge is a thriving South Hams town with a friendly and active local community and with excellent facilities including a leisure centre, cinema and highly rated schools. The town offers an ideal focal point to enjoy the exceptional coastline and local beaches and the peaceful Devon countryside, as well as being close to other popular towns such as Dartmouth, Totnes and Salcombe.

FURTHER INFORMATION

As part of our transparency policy, we request our sellers fill out a Property Information Questionnaire. This information can be provided to you. However, we recommend that you verify any information given during the conveyancing process.

SERVICES

Electric: mains

Water: mains

Drainage: mains

Heating: electric

CONSTRUCTION

The property is understood to be a standard construction

TENURE

Freehold

LOCAL AUTHORITY & COUNCIL TAX

South Hams District Council, Follaton House, Plymouth Road, Totnes TQ9 5NE.

The property is in Band B

Mobile Signal

Please check Ofcom website

Broadband

ADSL

VIEWINGS

Strictly by appointment with Luscombe Maye, Kingsbridge.

METHOD OF SALE

The property is offered for sale by Traditional Online Auction (unless sold prior). The auction end date is 29/07/25 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 SALE 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 SOLICITOR

Nick Dymond, Windeatts LLP, Windeatts Solicitors LLP, 19 High Street, Totnes, TQ9 5NW

GUIDE PRICE

£140,000

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 FEE

The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT.

From this a 'buyers fee' of £3,960 inc VAT is retained by Luscombe Maye and our auction partner, Bamboo Auctions as a contribution towards the online auction platform costs, and £1,040 forms the deposit which is payable towards the purchase price.

The remainder of the 10% deposit (less £1,040) must be paid to your solicitor within 48 hours of the end of the online auction.

ADMINISTRATION FEE

An additional administration fee of £1,200.00 inc. VAT will be payable by the successful purchaser immediately after the auction to Luscombe Maye Estate Agents.

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