DEATCHED GRADE II FARMHOUSE WITH BARNS AND PADDOCK OFFERING IMMENSE POTENTIAL
Mill Lane, NETHER STOWEY TA5 1NL, TA5 1NL
- 8
Key features
Guide Price: *
£350,000
Fees apply
Buyer's fee:£3,960
Legal fee:£354
All fees include VAT at 20%
Holding Deposit: *£1,040
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Highest bid:
£357,000Bid history
1 bidO
13/03/2025 08:16:00 - £357,000
A detached two bedroom grade II listed farmhouse now in need of complete modernisation. Set in 0.68 acre with range of barns /outbuildings. It offers immense potential for development and improvement (Subject to consents). The property is to be sold by online auction ending at 3pm on 18th March 2025.
Set within 0.68 acres of grounds this detached two-bedroom farmhouse offers an exciting renovation project. Requiring complete modernisation and with potential for extension (subject to listed building consent), this property is ready to be transformed back into a stunning home. The accompanying main detached barn provides further possibilities for conversion and renovation, presenting a wealth of opportunities for imaginative buyers. In addition, there are other outbuildings and a small paddock. While the generous site offers ample space, careful consideration of development options will ensure the character and charm of the setting remain preserved.
Traditional Online Auction Information Please note: this property is for sale by traditional online auction. This means that 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 this price. Pricing Information The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Webbers and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances. Buyers Premium & Other Charges The winning buyer is charged a sum of £5,000. From this a buyers fee of £3,960 (including VAT) is retained by Webbers/Bamboo Auctions as a contribution towards online platform costs and £1,040 is payable towards the purchase price. On completion the Buyer will pay to the Seller’s solicitors the sum of £346.20 (inc vat) for reimbursement of search fees. NOTES Completion timescale •
Following exchange of contracts at the end of the auction completion will be due on Wednesday 26th March 2025 Health & Safety -Please be aware – there is no access inside the main barn due to the condition of the structure. Please be aware of loose masonry when parking. Services • Mains electricity and water and drainage. • We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk
The winning buyer must pay £5,000 automatically at the end of the auction of which:
- £3,300+VAT is a buyer fee
- £1,040 is a deposit contribution.
Summary
- Auction end
- 18th Mar at 15:00
- Property type
- Detached
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- D
Summary
- Auction end
- 18th Mar at 15:00
- Property type
- Detached
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- D
This property is being sold by:
Webbers - Taunton
01823 664333
41/42 High Street, Taunton, Somerset, TA1 3PN
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Webbers Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Webbers Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.