Binegar, Somerset - Secluded one bedroom cottage with countryside views, in need of full renovation
Fairfield Cottage, Radstock, BA34UG
- 67
Key features
Guide Price: *
£195,000
Fees apply
Reservation fee:1.2% (min. £3,600)
All fees include VAT at 20%
Auction Type:
Conditional
Sold for:
£251,000Bid history
58 bidsLThis is an automatic bid as the bidder has set a maximum bid for this lot
06/04/2022 14:22:10 - £251,000
SThis is an automatic bid as the bidder has set a maximum bid for this lot
06/04/2022 14:22:10 - £250,000
SThis is an automatic bid as the bidder has set a maximum bid for this lot
06/04/2022 14:21:40 - £247,000
See all 58 bids ▾
Coming to the market for the first time in over 60 years, Fairfield Cottage offers an excellent opportunity for those looking to buy a country cottage in a peaceful location.
The property requires full renovation throughout, though offers significant potential with scope to extend and improve, subject to obtaining the necessary consent.
The cottage does not currently have a fitted kitchen or a separate bathroom and with limited space available, prospective purchasers may wish to consider the space offered by the adjoining barn, which has potential for conversion. This would of course be subject to planning permission being granted.
The property has mains water and mains electricity, though there is no septic tank or mains drainage and so a modern waste management system will need to be installed. The property also benefits from Solar panels.
Access to Fairfield Cottage is via the Holy Trinity Church car park and then through an adjoining field. We have been advised by the Vendors that there is a vehicular right of way through the field, though any prospective purchasers should be aware that the cottage does not currently have off road parking.
The property has walled gardens of around 0.15 - 0.18 acres.
Summary
- Auction end
- 6th Apr at 14:27
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 1
- Bathrooms
- 0
- Council tax band
- Ask Agent
Summary
- Auction end
- 6th Apr at 14:27
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 1
- Bathrooms
- 0
- Council tax band
- Ask Agent
This property is being sold by:
Killens - Wells
01749 671172
10 Sadler Street, Wells, Somerset, BA5 2SE
†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 Killens 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 Killens 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.