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Floor Plan

£50,000 Guide Price

Studio Land For Sale

Torrington, Devon

Key Features

  • south facing views
  • over looking river torridge
  • development potential subject to planning permission
  • 0.3 acre (approximate)
  • vehicular access

Property Description

Located close to Great Torrington in the village of Taddiport, this secluded plot is south facing with views over the River Torridge and countryside beyond. Currently occupied with lock up garages that have fallen in to disrepair the site is thought to be suitable for residential development subject to Local Authority approval. Set at the Bottom of Mill Street the land is a short walk from the market town of Torrington where you will find many local shops as well as the larger supermarkets. The popular Tarka Trail is easily accessible and some of the most stunning beaches North Devon has to offer are within a 30 minute drive as is the South West Coast path. Access is via the adjacent public right of way. For further information call Martin and Co.

Auctioneer Comments:
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as
part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Map view