Coombe Lane, Teignmouth, TQ149EX

This auction has ended!
Bid Count:
3
   
Final Bid:
£194,000.00
  • Overview
  • Particulars
  • Agent Details

Property Overview

A deceptively spacious, end of terrace barn conversion project, with currently one double bedroom, but with potential for three/four, a part-converted loft, a sunroom and an enclosed garden, in a quiet position in the seaside town of Teignmouth, with easy access to the nature reserve, town, beaches and amenities.

A barn conversion with plenty of character and in need of modernisation or a full re-design subject to the necessary surveys and investigations; a blank canvas with which to create a fabulous three/four-bedroom property.

A timber gate and a concrete path leads into the enclosed garden and a tarmac and concrete path leads to the entrance at the side of the property.

The entrance hallway is spacious with a pine staircase rising to the upstairs, this space would make an excellent study area, perfect for those working from home.

The kitchen has a vinyl floor and is a decent size with plenty of worktop space, tiled splashbacks, fitted units and wall cabinets with a gap for a cooker and space beneath the worktops for several appliances, including plumbing for a washing machine. There is a stainless-steel sink unit beneath the window and a condensing combi-boiler provides the heating and hot water on demand. The living/dining room is spacious with plenty of light from dual-aspect windows and a chunky oak beam with horizontal timbers built into the walls makes a lovely feature for the room. There is a gas fire mounted on the wall and four steps lead up and through a door into the sunroom/garden room which has sliding doors to the garden, a versatile room ideal for enjoying the tranquil surroundings. Off the hallway there is a bathroom, containing a bath, WC and a basin. A light, airy and spacious double-bedroom, completes the ground floor accommodation.

Upstairs, there is a spacious converted loft room which would make a fantastic double bedroom and has a vaulted ceiling and exposed A-frames and French doors, which open out over the roadside. A door leads into another smaller loft room with a walk-in cupboard on one side, again, a blank canvas with a vaulted ceiling and a Velux window providing natural light. A further door provides access into an unconverted area of loft.

Outside, there is a long and narrow tarmac area making a nice private space for relaxing with a glass of wine perhaps and at the other end of the property, the sunroom opens out onto a level patio, a great, private space for alfresco dining or a family barbecue perhaps surrounded by walled-beds of plants and shrubs. There is a well-maintained level lawn, bordered by beds of plants, shrubs and mature bushes adding to the privacy. Another paved patio area has a trellis fence overlooking the neighbouring brook and there is a storage shed in one corner, providing storage for the mower and patio furniture.

While there is no parking with this property, it would be possible for part of the garden wall to be removed, to create an area of off-road parking, if required. The lane on which the property is situated, leads onto footpaths to the neighbouring nature reserve, which is ideal for walking and exercising dogs.

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.2% to a minimum of £6,000.00 including VAT 4.2% of the final agreed sale price including VAT. This is subject to a minimum payment of £6,000.00 including VAT. which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by The South West Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Complete Estate Agents

Local Branch: 12 Bank Street, Teignmouth, TQ14 8AL
Head Office: Unit 2, Blue Waters Industrial Estate, Newton Abbot, TQ13 9YF

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.