METHOD OF SALE

The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Wednesday 26th February 2025 at 4pm. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.

THE PROPERTY

A charming and very spacious detached period house of cobb and stone construction with part-rendered elevations under a thatched roof. The property is in need of renovation throughout including re-thatching and offers fantastic potential to create a beautiful home in an idyllic rural setting with grounds of about 1.4 acres. 

Accommodation briefly comprises Large kitchen breakfast room with a Rayburn stove. leading into a spacious sitting room with inglenook fireplace and exposed ceiling beams. Downstairs bathroom and conservatory to the rear (which has planning permission but not listed building consent) Upstairs are three double bedrooms and a bathroom.

OUTSIDE

The property is accessed via an unmade road/bridleway, which has been used by the family since 1977 and a statement of truth can be supplied for the lack of rights of way on the title. Enjoying lovely views from the rear of the property over it's grounds to farmland beyond. The whole plot extends to approximately 1.4 acres of land including the garden and two sloping paddocks below the house.

SITUATION

Just under a mile's drive or walk from the lovely village of Thorncombe village centre, with its community run shop/post office/cafe. The village also benefits from a primary school, church and active village hall, where a number of clubs can be enjoyed creating a great community. To find out more, please visit www.thorncombe.com. Thorncombe lies in an Area of Outstanding Natural Beauty, offering numerous walks and bridleways. For greater facilities Chard and Crewkerne are within 5 and 7 miles respectively, with the latter enjoying a Waitrose supermarket and mainline rail link to Exeter and London Waterloo. The Jurassic coast is also readily accessible with Lyme Regis being approximately 10 miles south-west of the property.

SERVICES

Mains water and electric, oil fired central heating, private septic tank in grounds of the property installed in the 1990's. A wood burning stove is fitted in the sitting room- we cannot confirm if was installed to current regulations, so for safety it must be assumed not and replaced with an appropriate alternative.

The property was extended in 1993 with planning permission but not listed building consent. 

Broadband - Standard up to 6Mbps and Ultrafast up to 1000Mbps.

Mobile phone service providers available are EE, O2 and Vodafone for voice and data services inside in addition to Three for voice and data services outside. 

(Broadband and mobile phone information taken from Ofcom website. Results are predictions and not a guarantee. Actual services available may be different from results and may be affected by network outages.)

VIEWINGS

Strictly via the selling agent Stags.

PROOF OF INDENTITY

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 FEES

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. The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.

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, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.

SOLICITOR ACTING

Nantes Solicitors Ltd. 36 East Street, Bridport, DT6 3LH.

FAO Carolyn Harmer carolyn.harmer@nantes.co.uk 01308422313

COMPLETION DATE

The date fixed for completion will be 4 weeks after exchange of Contracts when vacant possession shall be given.

DEFINITION OF AUCTION GUIDE 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.

IMPORTANT

Stags gives notice that: 1. These particulars are a general guide to the description of the property and are not to be relied upon for any purpose. 2. These particulars do not constitute part of an offer or contract. 3. We have not carried out a structural survey and the services, appliances and fittings have not been tested or assessed. Purchasers must satisfy themselves. 4. All photographs, measurements, floorplans and distances referred to are given as a guide only. 5. It should not be assumed that the property has all necessary planning, building regulation or other consents. 6. Whilst we have tried to describe the property as accurately as possible, if there is anything you have particular concerns over or sensitivities to, or would like further information about, please ask prior to arranging a viewing.

BUYERS & ADMINISTRATION FEES

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. The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.