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Do you have a property to sell?

LOT 3

Sold - £350,000

Sold - £350,000

For sale by auction
16th November 2022

Magpie Cottage, Fernsplatt, Chacewater, Truro, Cornwall TR4 8RJ

Guide Price £300,000 - £350,000 (plus fees)

Price £300,000 - £350,000

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•  For sale by live stream auction on 16 November 2022
•  Guide Price £300,000 - £350,000
•  Detached period cottage with later extensions
•  Static caravan and large shed
•  Potential for development subject to planning
•  Ideal as small holding

3 bedroom detached cottage set in circa 1.7 acres in need of modernisation with potential for further development subject to planning.

Magpie Cottage is a traditional period cottage, believed to date from circa 1830. The property has undergone a single storey side extension, more than doubling the original footprint. The garden area for the property extends to over half an acre with a range of outbuildings including a large metal open fronted agricultural building and static caravan both of which have been in situ for more than 15 years. There is a further field of circa 1.15 acres. The property benefits from far reaching county views and offers an opportunity to reconfigure and extend, subject to planning. The accommodation comprises 2 reception rooms, kitchen/diner, conservatory, bedroom and bathroom on the ground floor with 2 bedrooms on the first floor. It is understood that there is some Cob construction in the original 2 storey part of the property. The property offers a fantastic opportunity for those looking to create a fine family home or could continue as a small holding. Most recently the various outbuildings have been used for keeping chickens and ducks, with a fenced area within the field containing various runs and coops. The top paddock, by the house, houses the static caravan which we are informed has been in situ for in excess of 20 years and may offer potential for development subject to planning.

Situation

Set in a semi-rural setting, close to Truro, Falmouth and Redruth the property offers far reaching countryside views. It is approached via a circa 100m long private drive across the field, from the single track lane. What3words location: doted.improvise.logbook

Accommodation

The original cottage is believed to date from circa 1830 and comprises 2 reception rooms, one with open fireplace and one with log burner. Upstairs there are 2 bedrooms. The later extensions include kitchen/diner, third bedroom with shower, bathroom, utility area and conservatory. In addition to the main property is an open fronted agricultural building of approximately 9.3m (max) x 4.7m (max) with a maximum height of 3.5m. There is also a derelict static caravan which has not been inspected.

Title Information

The property is held on two titles, being CL62070 for the cottage and CL117150 for the field as indicated on the arial photo. The field is subject an overage/restrictive covenants, copies of which will be available in the legal pack.

Services

Mains water and electricity. Oil fired central heating and private drainage.

Joint Auctioneers

Clive Pearce Property 31 Lemon Street, Truro, Cornwall, TR1 2LS T: 01872 272622 E: hello@clivepearceproperty.com

Viewings

Strictly by appointment. Please call or email City & Rural Property Auctions.

For Sale by Live Stream Auction on 16th November

In order to take part you must complete the registration form and return it together with two forms of ID. You will then be able to bid from the luxury of your own home either over the internet, by phone or by proxy. Please note the auctioneers have made their best endeavours to disclose all additional fees. Interested parties should refer to the special conditions of sale contained in the Legal Pack for any late amendments or additions to these fees as well as the auction day addendum sheet prior to bidding.

Legal Pack

A full auction legal pack can be downloaded once available. For further information on the other lots in this auction please visit the website.

Serach Pack Fee

£360 payable upon exchange of contracts

Solicitors

Thurston Hoskin Solicitors
Chynoweth, Chapel Street, Redruth, TR15 2BY
T: 01209 213 646

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Additional Fees
Administration Charge
£1,500 payable on exchange of contracts.
Buyer's Premium
2.5% of the purchase price, payable on exchange of contracts.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
EPC Rating: E
Council Tax Band: C
Local Authority: Cornwall County Council
Tenure: Freehold
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Guide Prices & Reserves
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees
Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

Plans, Maps and Photographs
The plans, floorplans, maps, photograph’s and video tours published on our website and in the catalogue are to aid identification of the property only. The plans are not to scale and should not be relied upon.

Consumer Protection Regulations 2008
City & Rural Property Auctions endeavour to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.

Anti Money Laundering Regulations
Intending buyers will be asked to produce identification documentation either as part of the bidder registration process of if they make an acceptable pre-auction offer, we would ask for your co-operation in order that there will be no delay in agreeing the sale.

Should you wish to make a pre or post auction offer, you must complete the form.

Before making your offer you should view the property, review the legal pack and know that if accepted you are entering in a binding contract of sale. 

You will be required to pay a 10% deposit, the auctioneer’s admin fee and any search pack fees or buyer premiums as applicable.

Only once contracts have been exchanged will the property be withdrawn from the market.

Your offer will need to be your best bid and typically be at the top end or in excess of the guide price to be considered.

In some instances, it may not be possible to make a pre-auction offer.

Address of the Property you wish to make an offer on

Magpie Cottage, Fernsplatt, Chacewater, Truro, Cornwall TR4 8RJ

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    Should your offer be accepted, you will be required to transfer a 10% deposit and all buyers’ fees to the auctioneer. 

    If you have not viewed the property or the legal pack, your offer is likely to be rejected.

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