Modbury, Ivybridge Auction Guide Price £395,000

Tenure

Freehold with vacant possession

EPC

Band G

Services

Mains Electricity, Mains & Spring Water, Septic Tank

Council Tax

Band D

Wayleaves, Rights & Easements:

The property is sold subject to any wayleaves, public or private rights of ways, easements, covenants and all outgoings, whether mentioned in the sales particulars or not

Boundaries, Roads & Fencing:

The Purchaser shall be deemed to have full knowledge of the boundaries, and neither the Vendor, nor their Agent will be responsible for defining the ownership of the boundary fencing and hedges.

Viewings

Strictly by appointment only through Rendells Estate Agents, Tel: 01626 353881. What3Words: ///spray.budget.tearfully

Auction Process & Fees:

The property will be offered for sale by Online Traditional Auction (unless sold prior). The auction end date is 15:00hr on Thursday 26th September. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.

Buyer Fees/Payments:

The successful purchaser(s) will be liable to pay the sum of £5,000 at the end of the auction. From this a buyer's fee of £3,600 inc VAT is retained by Rendells/Bamboo Auctions as a contribution towards the auction costs, and £1,400 is payable towards the purchase price immediately after the auction. The Completion date will be as dictated by the solicitor and included in the legal pack, shown as 20 working days after the auction.

Deposit Payment:

The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amount paid online £1,400.00) 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:

The legal pack is available online to be downloaded (via a tab on the online auction site) whilst a paper copy can be obtained from the Seller's Solicitors (who may charge for this service). This includes the searches and legal documents relating to the property. 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.

Seller Solicitors:

Richard Wing of Windeattes Solicitors, 19 High Street, Totnes TQ9 5NW

Money Laundering Checks:

It is a requirement under the Money Laundering Regulations 2017 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 www.rendells.co.uk and complete the ID checks. This is a free registration.

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