Fluxton, Ottery St. Mary

£35,000

Guide price

Near level paddock with small woodland area and pond. 1.46 acres (0.59 ha). End date 6th July 6pm.

SITUATION

The land is positioned on the edge of the pretty hamlet of Fluxton, in a much sought after location between Ottery St Mary to the north (2 miles) and Tipton St John to the south (1 mile).

Located just outside the East Devon Area of Outstanding Natural Beauty (AONB), there are wonderful walking opportunities with the Otter Valley on your doorstep, as well as the East Devon Way and Jurassic Coast being close.

Although wonderfully rural the land is within easy reach of Ottery St Mary, Sidmouth and Exeter, each with an increasing array of facilities.

BUYERS & ADMINISTRATION FEE - ONLINE AUCTION

The successful purchaser(s) will be liable to pay the sum of £5,000. From this a buyer's fee of £2,400 (Inc. VAT) is retained by Stags/Bamboo Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.

An additional administration fee of £600 (Inc VAT) will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.

DESCRIPTION

Accessed via a track beside the nearby bungalow this near level parcel is surrounded on three sides by open farmland, the established boundaries providing lots of natural shelter.

Down to pasture, at the bottom of the paddock is a fenced off area of deciduous woodland with a pond.

There is a timber storage shed.

In all the land extends to about 1.46 acres (0.59 ha)

DEVELOPMENT UPLIFT

As the land backs on to two properties, the property is sold with an uplift clause in case the land is developed for residential purposes, the vendor will be due a 25% uplift of the increase in value in 20 years. Please note that right of access is for agricultural purposes only. See legal pack for details.

SERVICES

None connected

DIRECTIONS

From Ottery St Mary near The Kings School head due south following the signs to Tipton St John. After the staggered crossroads, in about 1 mile you will come into Fluxton, the access to the land is on the left, after 2 properties. What3words ///eggs.joystick.declining (access)

VIEWING

Strictly by appointment only.

WHAT3WORDS

Location of access use ///eggs.joystick.declining

METHOD OF SALE

The property will be offered for sale by Online Traditional Auction. The auction end date will be 6th July ay 6pm. 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.

PROOF OF IDENTITY

Under the 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.

DEFINITION OF AUCTION AND RESERVE

-Guide price is an indication of the seller's expectation.

-Reserve Price is 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.

LEGAL PACK

Copies of the legal pack and special conditions of sale are available online to be downloaded, via the tab on our website.. 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.

SOLICITOR ACTING

Ms Laura Prouse, Ashfords LLP Gotham House Tiverton EX16 6LT

COMPLETION DATE

The completion date will be as dictated by the solicitor and included in the legal pack, likely to be 20 working days following exchange.

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 provision 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.

Arrange viewing 01404 758007

Stags - Honiton Sales

Bank House, 66 High Street, Honiton, Devon, EX14 1PS

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