Water Lane, Butleigh, Glastonbury, BA6

Description

This detached three/four-bedroom cottage enjoys a corner plot position within the sought after village of Butleigh. The property requires renovation but enjoys a good amount of accommodation, a detached outbuilding and well kept gardens featuring a Well. The ground floor accommodation comprises three reception rooms, a kitchen, conservatory, a separate utility and two ground floor bathrooms. Some of the original features have been retained, including an inglenook fireplace, a wood burner and exposed beams. There are three first floor bedrooms, each of good proportions and could accommodate double beds.

Outside

Lawned gardens surround the property on two sides, the majority of which are located at the front, bordered by mature trees and where the original well is located. A detached outbuilding is located at the rear and there is vehicular access via a shared driveway located to the side of the cottage

Uplift / overage clause

Offered for sale subject to an overage clause of 25% for 25 years, triggered on planning permission for an independent dwelling. Uplift excludes annexe accommodation related to main dwelling. Full details contained within the auction legal pack.

Agents notes

The purchaser is required to erect a new closed boarded 6’ fence between points A, B & C (see site plan) within two months of completion. Purchaser is also required to relocate the oil tank onto subject property within the same period.

Area shaded brown on site plan subject to a restrictive covenant relating to the height of any future wall or structure.

Further details of the above will be contained within the Auction Legal Pack.

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 and applicable to all pre-auction sales. 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.

Fees

Potential buyers should be aware that there may be additional fees payable to the Vendor’s solicitor on completion of the sale, details of which will be contained within the auction pack for each lot. At the launch of the property onto the market this information is not always available and so interested parties must refer to the auction pack and satisfy their enquiries.

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