2 Harbour View, Green Rocks, Newlyn, TR18 5JZ
2 Harbour View, Cornwall, TR18 5JZ
- 30
Key features
Guide Price: *
£159,500
Fees apply
Reservation fee:4.2% (min. £6,000)
All fees include VAT at 20%
Auction Type:
Conditional
Start price:
£159,500Bid history
0 bidsTo be sold via Bradleys Online Auctions, powered by Bamboo Auctions! An exciting opportunity to acquire a project in a desirable seaside location. This substantial home offers beautiful sea views across the bay and once renovated could be truly special. Kitchen and utility have been demolished due to subsidence issues and will need to be rebuilt. Work will be required to ensure structural integrity of new construction as there are no traditional foundations. The current layout offers two bedrooms, one with walk in dressing room, living room, separate reception room and family bathroom.
Newlyn is famous for being the home of the Newlyn School of Art which was established in the 19th century and is today a harbourside town with its own Cornish fishing scene. The harbour has been in existence for hundreds of years. Within walking distance to nearby Penzance with notable Victorian, Georgian & Regency architecture, the historic market town of Penzance forms a gateway to the stunning Land's End Peninsula & is set overlooking Mounts Bay. This bustling market town offers a wide range of amenities to include restaurants, local & specialist shops and character public houses.
Material Information
Freehold - Flying Freehold Exists with Neighbouring
Mains Water, Electricity & Drainage
Property & Courtyard
Planning Permission: PA20/00484
Cornwall Council - Council Tax Band B
Heating - Wood burner
EPC - F
Allocated parking via a Council permit
Safety & Construction: Work will be required to ensure structural integrity of new construction as there are no traditional foundations. Engineers have advised that this is not uncommon for the area with options available. Construction Issues: Rear of property collapsed due to inappropriate construction. Survey report available. Planning Permission: Exists for reconstruction and improvements has started and valid. Asbestos Present.
Rights of Way: Access through neighbouring property for bin collection
Mobile Coverage:
EE - Indoor: Limited & Outdoor: Likely
Vodafone - Indoor: Limited & Outdoor: Likely
O2 - Indoor: Likely & Outdoor: Likely
Three - Indoor: Likely & Outdoor: Likely
Broadband Coverage: Standard & Ultrafast
Online Auction
This property is being sold by conditional online auction and a non-refundable reservation fee of £5000 or 3.5% + VAT applies, whichever is the greater (in addition to the purchase price). If you are the successful bidder, you will be charged the amount of £5,000 + VAT (£6,000) or 3.5% +VAT, whichever is the greater, which will be processed online, immediately at the end of the auction, only if you are the successful bidder. You will then have 20 working days within which to exchange contracts, and a further 28 days to complete the purchase. Terms and conditions apply to the modern auction method of sale, which is operated by Bradleys Property Auctions. These details are subject to change up to and including the day of the auction. Please check our website regularly at: and look out for any additional materials available on the day of the auction, in order to stay fully informed with the up to date information.
Definition Of A Guide Price And A Reserve Price
Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Reserve Price
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. Bids may be accepted by the system but the property will not sell if the bidding does not reach the reserve. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
The Buyer and Seller agree that Clause R5.5 and R5.6 of the Reservation Contract shall be removed and shall not apply in relation to this Property. For the avoidance of doubt, the Buyer agrees that the Reservation Fee shall be non-refundable in all circumstances.
Summary
- Property type
- Semi-Detached
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- B
Summary
- Property type
- Semi-Detached
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- 1
- Council tax band
- B
This property is being sold by:
Bradleys - Penzance
01736 360605
27A Market Place Penzance Cornwall TR18 2JD
†Conditional auction
If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above). All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement. To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), the reservation fee shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), they will forfeit the full amount of the reservation fee.Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Bradleys Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Bradleys Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.