London Apprentice, St. Austell

AUCTION GUIDE PRICE £275,000 TO £300,000 - elevated detached house for renovation, detached garage, gardens & woodland. Hall, 2 receptions, kit, 3 beds, bath. Views. Outsheds. Gardens. Amenity woods. End bidding time 5:30pm Tuesday 5th March EPC Rating: F 0.85 Acre

METHOD OF SALE
Prentice house is for sale by Online Traditional Auction (unless sold prior). The auction end time and date is 5.30pm on Tuesday 5th March 2024. The Vendor reserves the right to alter the lot prior to the auction end date. The lot can be accessed via Stags' website - www.stags.co.uk.

SITUATION
Prentice House situated between Polgooth, Little Polgooth and London Apprentice, only about 2.5 miles from St Austell. There is a village stores/PO at Polgooth about ½ mile away. The station at St Austell is on the London Paddington line. The south Cornish coast with its rugged coastline, walks, coves and beaches, is about 3 miles to the east and south-east and the historic fishing village of Mevagissey about 4 miles to the south.

THE HOUSE AND GARDENS
Prentice House stands in an elevated south facing position overlooking an attractive valley.

The light and airy accommodation, the layout of which is shown on the attached floor plan, is presented to the market in need of renovation and improvement to create a fine home in a sought after area. On the ground floor is a small Hall, well proportioned Living Room with focal fireplace,, dining room and Kitchen. On the first floor, a landing, 3 bedrooms and bathroom.

Immediately to the front of the property is an elevated area of lawn and to the side a timber and galvanised iron Store Shed and further block Potting Shed. To the rear, at higher levels, are further areas of garden including a vegetable garden area.

THE DETACHED GARAGE AND GROUNDS
A block garage with metal up and over door. Of mainly elevated deciduous woodland and with the benefit of a separate vehicular access at the eastern end. In total, Prentice House extends to about 0.85 of an acre.

TOWN AND COUNTRY PLANNING AND MUNDIC BLOCK
The house benefits from the grant of a Certificate of Lawfulness for Existing Use and Development (Application No. PA16/02383 5th May 2016) for the continued use of the dwelling without complying with the agricultural occupancy condition - being a condition of the original planning decision notice C2/SAU/64/61423. A Mundic Block test has been carried out and no Mundic Block has been found and the property is sound.

SOLICITORS
Nash and Co Solicitors, Beaumont House, Beaumont Park, Plymouth, Devon, PL4 9BD. FAO: Ms R Putnam. Telephone: 01752 827022. Email: @[email protected]

TENURE AND POSSESSION
Freehold with vacant possession on completion, subject to the beehives (see below). Completion will be dictated by the legal pack.

AUCTION LEGAL PACK AND GENERAL CONDITIONS OF SALE
This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc. and is available to download free of charge to those who have registered from our auction partners' website. Stags do not provide hard copies. It is the purchaser's responsibility to make all necessary enquiries prior to the auction. Further information about buying by Online Auction and Buyer's Fees are available on Stags' website.

BUYER'S ADMINISTRATION FEE
The successful purchaser will be liable to pay the sum of £5,000. From this a Buyer's Fee of £2,400 inclusive of VAT is retained by Stags/Bamboo Auctions as a contribution to the online platform costs, and £2,600 forms part of the 10% deposit. The purchaser will be required to pay the balance of the 10% deposit monies within 48 hours of the auction via their solicitor to the vendor's solicitor. We have therefore recommended all bidders clear the Anti Money Laundering Regulations with their solicitor prior to the auction.

An additional Administrative Fee of £1200 inclusive of VAT will be payable by the successful purchaser immediately after the Online 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 the 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 payment to be made via the Buyer's solicitor to the Vendor's solicitor. We therefore recommend all bidders clear Anti Money Laundering Regulations with their solicitor prior to the auction.

DEFINITION OF AUCTION GUIDE AND RESERVE PRICES
Guide Price(s) is an indication of the Seller's expectation. The Reserve Price(s) is a figure below which the auctioneer cannot sell the lot at auction. We expect the Reserve Price will be set within the Guide range. Guide prices may change at any time prior to the auction.

PROOF OF IDENTITY
Under Anti Money Laundering Regulations 2007, it is a requirement for Estate Agents to perform due diligence checks on any person who intends to bid at auction. There will be a requirement for all bidders to register via the online sale site and complete the ID checks. There is no charge for registration.

VIEWING
Strictly by prior appointment with Stags' Truro office on 01872 264488.

DIRECTIONS
From St Austell take the B3273 south towards Mevagissey. Drive for about 1.5 miles to London Apprentice. In the village turn right towards Polgooth. Drive for about 150 yards and Prentice House will be seen on the right-hand side.

SERVICES
Mains water & electricity connected. Old central heating system (not currently in use). Telephone point (disconnected). TV point. Private drainage. Some uPVC double-glazed windows.

ACCESS THE ONLINE AUCTION
Interested parties are invited to visit www.stags.co.uk home page, click on "Auctions", then "Online Property" and "Land Auctions" and then register directly with Bamboo Auctions to gain access to the auction legal pack and bidding facilities.

BEEHIVES
There are some beehives currently within the grounds which belong to a third party. The buyer and seller to discuss whether they are to be removed or can be retained upon completion.