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Burnshall Cottages Chillaton, Lifton Guide Price £110,000

  • In Need of Modernisation
  • Semi-Detached House
  • Three Bedrooms
  • Generous Kitchen/Dining Room
  • Ground Floor WC
  • South Facing Rear Garden
  • Rural Views to Front & Rear
  • Accessible for Tavistock & Launceston

This property is for sale by the Modern Method of Auction, which is not to be confused with traditional auction. The Modern Method of Auction is a flexible, buyer friendly, method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation of 4.2% including VAT (subject to a minimum fee of £6,000 including VAT) which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.


Burnshall Cottages Chillaton
Lifton PL16 0HX
County: Devon
Sale Type: For Sale
Ref #: DAT01876

Accommodation

In a rural, yet accessible location, is this 3 bedroom semi-detached house in need of updating and renovations. Situated on the outskirts of a popular village the property benefits from rural views to the front and rear. The sitting room is front aspect with a large window and an open fire to one side which could be reinstated to accommodate a wood burner. A generous kitchen/dining room is found to the rear which has two windows overlooking the rear garden. The kitchen would require replacement wall and base units making the most of its generous size. Leading off the kitchen is a side aspect door, ground floor WC and built-in cupboard. Located in the understairs cupboard is an oil-fired boiler providing the property with central heating and hot water.

First Floor

The first floor has 2 double bedrooms plus a further single bedroom. The master bedroom has two front aspect windows overlooking nearby open countryside. The family bathroom would benefit from a replacement suite and would still accommodate a full-size bath.

Outside

The rear garden, whilst in need of landscaping, is level and has a south facing aspect adjoining open countryside to the rear boundary. To the front and side of the property there is a hardstanding area and a small area of lawn. The property is approached from a quiet parish road onto a communal pathway leading to the neighbouring houses. The property has unrestricted on street parking.

Good to Know

In the not too distant past, the property has had a replacement roof including felt. Whilst the property requires significant improvement, this gives the purchaser the opportunity to add their own stamp and create a wonderful family home in a lovely rural setting.

Modern Method of Auction

Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by South East Property Auction powered by iam-sold Ltd.

Services

Mains electricity. Mains water. Mains drainage.

Council Tax Band

B

EPC

E/53

Agents Note

Our vendors commissioned a Mundic Block test on the property which has resulted in a classification of Class B: Mundic Block. This means the property will be unsuitable for those requiring a mortgage. Cash purchasers will find this to be a good opportunity to acquire a buy-to-let investment. Once renovated, the estimated yield will be in the region of 6.6% based on a rental income of £695pcm.


Burnshall Cottages Chillaton
Lifton PL16 0HX
County: Devon
Sale Type: For Sale
Ref #: DAT01876

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Burnshall Cottages Chillaton
Lifton PL16 0HX
County: Devon
Sale Type: For Sale
Ref #: DAT01876
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