Davey Park Farm - Kingsbridge

For Sale By Auction - Thursday 8th September 2022 at the property at 3.00pm. Guide Price £850,000.

Refurbishment/development opportunity.
Bungalow in a secluded position set within 7.10 acres of gardens, paddocks, with outbuildings/sheds and an orchard - (former Market Garden)

DESCRIPTION
Occupying an elevated secluded position within 7.10 acres of gardens and grounds, this spacious 1,563 sq. ft bungalow has far reaching views over countryside and sea beyond Hope Cove from
the garden and paddocks.

PRESENT ACCOMMODATION
Entrance hall, sitting room, sun room, dining room, kitchen, pantry, utility, bathroom, 4 bedrooms.

METHOD OF SALE
The property will be offered for sale by auction on the premises, subject to a reserve price on Thursday, 8th September at 3.00pm sharp. A 10% deposit based on the sale price will be payable at the fall of the hammer and in addition a 1% buyer's premium will be payable to the vendor's sole selling agents by means of a BACS payment at the time and venue of the auction.

PROXY BIDS
Those not able to attend the auction but intend to use a proxy must complete and return a proxy form and have with them at the time of the auction a cheque made payable to the vendor's solicitor for 10% of the guide price.

SPECIAL CONDITIONS OF SALE
Copies of the Special Conditions of Sale can be obtained from either the vendor's sole agents, Marchand Petit, 94 Fore Street, Kingsbridge, Devon TQ7 1PP. Telephone 01548 857588, or from the vendors solicitors, Samuels Solicitors, 62a Fore Street, Kingsbridge, Devon TQ7 1PP. Telephone 01548 859331. Marked for the attention of: Gillian Hibbard. Email gch@samuels-solicitors.co.uk

BUYER'S PREMIUM
A Buyer's Premium of 1% plus VAT of the hammer price will be payable to the sole agents and auctioneers in addition to the purchase price and deposit payable to the vendor's solicitors at the auction. In the event the property is sold prior to auction or after the auction the Buyer's Premium remains payable to the vendors sole agent in accordance with the contract.

MONEY LAUNDERING REGULATIONS
All interested buyers attending the auction and intending to bid should register for anti-money laundering purposes providing proof of identity and address in order that we can comply with Money Laundering Regulations.

COMPLETION
It is proposed that completion will take place 28 days from the auction date or sooner by agreement.

AUCTION CONDITIONS
Our standard auction conditions can be viewed on our website under Marchand Petit's Standard Auction Conditions. http://rtsites.rt-sb.net/Sites/486/Themes/PropertyPortals/TV2/pdf/CommonAuctionConditions.pdf SERVICES - Mains electricity and water. Private drainage.

SERVICES - Mains electricity, gas and water. Gas central heating. Private drainage.

TENURE - Freehold

SALE PLAN
A location and sale plan for identification purposes only have been prepared for the benefit of these details showing the extent of the property and garden and grounds.

VIEWING
Very strictly by prior appointment only through Marchand Petit Kingsbridge office 01548 857588.

Directions
From Kingsbridge take the A381 out of town heading towards Salcombe, go through West Alvington, then after approx. 1 mile you'll pass the right turn to South Milton, contiune on and at the top of the hill the entrance to Davey Park Farm will be found on the right-hand side.