Common Lane, Holcombe, BA3

For sale by auction - Thursday 12th June 2025, 12pm. The Theatre, The Royal Bath and West Showground, Shepton Mallet. Bidding in person, by proxy or online via livestream. Auction guide price £300,000 to £325,000* An exciting development opportunity to replace an existing dwelling in a rural position.

Description

Lynden House offers a wealth of opportunity to create a wonderful family home in a rural location.

The property is in need of a substantial scheme renovation and has the benefit of consent for demolition of the existing dwelling and for a replacement dwelling to be built on site. Alternatively, the existing dwelling could be renovated.

The consent (granted on the 7th February 2023. Planning reference 2022/2368/FUL) allows for the new dwelling to be sited slightly to the east of the existing property, meaning that it will sit centrally in its garden with driveway and parking to the front. The proposed accommodation has been designed to create a versatile living space with an open plan L-Shaped kitchen, dining and family room, linked to the sitting room with double doors. These two rooms will have full height windows and sliding doors which will open onto a terrace and the garden. Also on the ground floor is a separate study, utility room and a cloakroom. The vendors have achieved a certificate of lawfulness to confirm that the consent has been implement and the development can, therefore, be completed at any time.

On the first floor there are four double bedrooms with the master bedroom having an ensuite and walk in wardrobe and the second bedroom has an en suite shower room. In addition there is a family bathroom.

Outside

The proposed dwelling will have and enclosed garden to the front, each side and the rear.

Note

The vendors have commissioned a demolition report, which is available on request and concluded that there was no asbestos on site. The garage has been removed and the materials removed from site.

Completion

Completion has been set for Thursday 10th July 2025 or earlier by arrangement.

Local Council

Somerset Council

Council Tax Band

The existing property is band B

Services

Mains water and electricity are connected to the property together with a private drainage system, which will need replacing. We understand that mains gas is located close by. Potential purchasers must rely on their own enquiries with regard to the location of any services and making any connection into them.

Tenure

Freehold and vacant possession.

EPC

G

VAT

The purchase price is not subject to VAT

Viewing

Through Cooper and Tanner, Frome

Registering to bid and Administration fee

Cooper and Tanner require all bidders who wish to bid at our Auction to register beforehand, whether you are intending on bidding in the room, by proxy or online. As part of the registration process, you will be asked to provide card details in order that the Buyer’s Administration Fee of £1395 inc VAT can be paid if you are successful. A week before the auction a hold will be placed on your account for this sum, which will then be released if you are unsuccessful. This fee will only be taken if you are the successful buyer. The fee is retained by Cooper and Tanner and does not form part of your deposit or completion settlement. Please also be aware that the Buyer’s Administration fee is payable per lot purchased. If you are successful in purchasing more than one lot, we will contact you following the auction to take subsequent payments for additional lots bought. All checks required by current anti-money laundering legislation must be satisfactorily completed, as part of the registration process before prior approval to bid will be granted; this will include providing proof of funds.

Deposit

Successful bidders will be required to pay to the Cooper and Tanner Client Account the deposit of 10% of the purchase price within 24 hours of the auction. The account details will be provided to the successful bidder on conclusion of the auction. Once funds are cleared, they will be transferred on to the account of the solicitor acting for the seller. Please ensure that funds are in an account suitable to be able to make an Electronic Transfer from.

Solicitor

Chubb Bulleid, Somerton

Emily Wilson acting. Tel:

auction-property, june-auction