- Development Opportunity
4 Bedroom Terraced House for sale in Somerset
4
1
Development Opportunity
This substantial town centre property consists of two elements, 66 High Street, a Grade II listed 4 bedroom house to the front aspect and Highland Place, the former funeral directors to the rear.
The house requires a good degree of restoration and refurbishment but presents a good investment opportunity with front garden area enclosed by traditional steel railings and private parking space (please see the title plan). The 3 storey accommodation currently comprises Living Room, Kitchen, three bedrooms to the first floor and an Attic room on the top floor. There is a porch to the rear aspect ground floor.
Highland Place funeral directors is accessed through an arch below the first floor of the house. The ‘L’ shaped building of approximately 1100 sq ft is of brick construction and comprises 5 internal rooms plus w/c and large Garage capable of accommodating more than one vehicle.
Traditional Online Auction Information Please note: this property is for sale by traditional online auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded).
The winning buyer will be legally obliged to purchase the property at this price. 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.
Webbers and Bamboo Auctions 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 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.
Buyers Premium & Other Charges The winning buyer is charged a sum of £5,000. From this a buyers fee of £3,960 (including VAT) is retained by Webbers/Bamboo Auctions as a contribution towards online platform costs and £1,040 is payable towards the purchase price.
On completion the Buyer will pay to the Seller’s solicitors the sum of £487.99 (inclusive of VAT) for reimbursement of search fees.
NOTES Completion timescale 28 days following exchange of contracts at the end of the auction
Health & Safety -Please be aware – this is an old property in need of renovation and therefore due care and attention must be paid when viewing
Services - Mains electricity, gas and water and drainage.
We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage. You can do so by visiting https://checker.ofcom.org.uk
From our office in South street, facing the town centre turn right and follow the high street for approximately 0.25 mile and the property is on the right hand side
Important Information
- This is a Freehold property.
Property Ref: 55976_WEL240225
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Webbers Wellington (Wellington)
Wellington, Somerset, TA21 8NS
01823 664333
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