Little Reeds, Loddiswell

FOR SALE BY AUCTION
DESCRIPTION
The accommodation is arranged over three floors and comprises sitting room with window to the front, exposed beams and an inset fireplace fitted with a wood burner set on a slate hearth with timber mantel above. The modern kitchen has plenty of floor and wall units with integrated appliances, stairs to the first floor (under which there is space for table and chairs) and door through to a utility area which has access to the rear courtyard. On the first floor are 2 double bedrooms, a shower room and on the landing is a useful built-in storage cupboard. The second floor houses the bright and spacious loft room which runs the width of the property, it has two large skylights and access doors to a storage area.
Outside rear is a small low level courtyard area with space for small table and chairs. From here steps take you up to a raised area over which 2 Little Reeds Cottages has walking rights. There is also a small area adjoining the property where a shed is located, ideal for log storage.

Loddiswell is a popular village with a thriving community located within easy reach of the A38 Devon Expressway and just over 3 miles from the market town of Kingsbridge. The village has its own general store, post office/handy shop, pub, primary school and church. Loddiswell is surrounded by unspoilt rolling countryside with interesting river walks and is within easy reach of the beautiful coastline, beaches and estuaries of the South Hams. Within a mile of the property is the popular Avon Mill Garden Centre with deli and cafe and the Aune Valley Farm Shop.

METHOD OF SALE The property will be offered for sale by auction at a guide price of £175,000 subject to a reserve price at The Crabshell, Kingsbridge on the 10th September 2025 at 2pm. Unless previously sold.

DEPOSIT 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 , or from the vendors solicitors, Martyn Coad, Beers Kingsbridge, martyn.

BUYERS 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 sole agent 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
No later then 28 days.

AUCTION CONDITIONS
Our standard auction conditions can be viewed on our website under Marchand Petit's Standard Auction Conditions.

VIEWINGS Strictly by appointment with the vendors sole agents, Marchand Petit, Kingsbridge, .