56 Lostwood Road - St. Austell
Lostwood Road, St. Austell, PL25 4JR
- 2
Key features
Guide Price: *
£100,000
Fees apply
Buyer's fee:£2,400
Admin fee:£1,200
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
† Traditional
Opening bid:
£75,000Bid history
0 bidsMETHOD OF SALE
The property is offered for sale by Online Traditional Auction (unless sold prior via Bamboo Propetch/Stags’ auction conditions.) The auction end date is Wednesday 10th November 2025 at 5.30pm.
The Vendor reserves the right to alter the lot prior to the auction end date.
SITUATION
56 Lostwood Road is centrally situated in St Austell being only about ¾ mile from the railway station and a mile from the centre of town.
DESCRIPTION - AUCTION GUIDE £75,000-£100,000
A pedestrian wrought iron gate opens to a wide entrance path and steps down to the property where there are concrete paths to the side and front of the house. 56 Lostwood Road presents an opportunity to purchase an attached property in a poor state of repair and warranting complete renovation and updating to create a family home. Given that the property is constructed as a “Cornish Unit” and the current condition of the property, it is considered that property is un-mortgageable.
On the ground floor is an Entrance Hall with stairs off to the first floor, a front Living Room, rear Dining Room with outlook over the garden and rear Kitchen (no units,) with side access door. On the first floor are three Bedrooms and a Shower Room – all off a Landing.
To the front of the house is a raised low maintenance garden with shrubs and flowers, to the side is a useful Storage Area and at the rear a well-proportioned level garden which is currently untended. At the end is a door to a footpath. Within the garden is a block rendered and bitumen felt Garden Shed (no door or window) and an adjoining outside WC (no door.)
TENURE AND POSSESSION
Freehold with vacant possession.
SERVICES
All mains services connected. Mains gas central heating.
Broadband: Standard, Superfast and Ultrafast available (Ofcom) Mobile telephone: EE variable indoors and EE, Three, Vodaphone and 02 good outdoors (Ofcom)
VIEWING
Strictly and only by prior appointment with Stags’ Truro office on 01872 264488.
DIRECTIONS
From the railway station, drive up the hill and at the mini roundabout take the first left over the bridge. Pass the Library on the right-hand side and at the next roundabout take the first left towards Poltair School and drive up the hill. At the mini roundabout turn right and pass Poltair School on the left. Just after the entrance to Hillside Road on the left, turn right into Lostwood Road, after 100 yards turn right (unsignposted) and number 56 is on the left handside after about 60 yards. There is street parking outside.
PROOF OF IDENTITY
Under Money Laundering Regulations 2017, it is a requirement for Estate Agents to perform due diligence checks on any person who intends to bid at auction. There will be a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for registration.
BUYERS AND ADMINISTRATIVE FEES
The successful purchaser(s) will be liable to pay the sum of £5,000. From this a buyer’s fee of £2,400 inc VAT is retained by Stags/Bamboo Proptech as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
An additional administration fee of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction.
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly. The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.
AUCTION LEGAL PACK
The legal pack and Special Conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. Prospective purchasers will need to register with the Bamboo Proptech online platform in order to download the legal pack. It is the purchaser’s responsibility to make all necessary enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.
SOLICITOR ACTING
Kathy Carr of Charles French Solicitors - Bayview House, St Austell Enterprise Park, Treverbyn Road, Carclaze, St Austell, Cornwall, PL25 4EA. F
Telephone: 01726 67660 / Email: [email protected]
COMPLETION DATE
The completion date will be as dictated by the solicitor and included in the legal pack.
DEFINITION OF AUCTION GUIDE AND RESERVE PRICE
Guide Price is an indication of the Seller’s expectation. Reserve Price is a figure below which the auctioneer cannot sell the lot at auction. We expect the Reserve Price to be set within the guide range. Guide Prices may change at any time prior to the auction.
SPECIAL CONDITIONS OF SALE
Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provisions of the latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.
IMPORTANT
Stags gives notice that: 1. These particulars are a general guide to the description of the property and are not to be relied upon for any purpose. 2. These particulars do not constitute part of an offer or contract. 3. We have not carried out a structural survey and the services, appliances and fittings have not been tested or assessed. Purchasers must satisfy themselves. 4. All photographs, measurements, floorplans and distances referred to are given as a guide only. 5. It should not be assumed that the property has all necessary planning, building regulation or other consents. 6. Whilst we have tried to describe the property as accurately as possible, if there is anything you have particular concerns over or sensitivities to, or would like further information about, please ask prior to arranging a viewing.
BUYERS AND ADMINISTRATIVE FEES
The successful purchaser(s) will be liable to pay the sum of £5,000. From this a buyer’s fee of £2,400 inc VAT is retained by Stags/Bamboo Proptech as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
An additional administration fee of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction.
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly. The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.
METHOD OF SALE
The property is offered for sale by Online Traditional Auction (unless sold prior via Bamboo Propetch/Stags’ auction conditions.) The auction end date is Wednesday 10th November 2025 at 5.30pm.
The Vendor reserves the right to alter the lot prior to the auction end date.
SITUATION
56 Lostwood Road is centrally situated in St Austell being only about ¾ mile from the railway station and a mile from the centre of town.
DESCRIPTION - AUCTION GUIDE £75,000-£100,000
A pedestrian wrought iron gate opens to a wide entrance path and steps down to the property where there are concrete paths to the side and front of the house. 56 Lostwood Road presents an opportunity to purchase an attached property in a poor state of repair and warranting complete renovation and updating to create a family home. Given that the property is constructed as a “Cornish Unit” and the current condition of the property, it is considered that property is un-mortgageable.
On the ground floor is an Entrance Hall with stairs off to the first floor, a front Living Room, rear Dining Room with outlook over the garden and rear Kitchen (no units,) with side access door. On the first floor are three Bedrooms and a Shower Room – all off a Landing.
To the front of the house is a raised low maintenance garden with shrubs and flowers, to the side is a useful Storage Area and at the rear a well-proportioned level garden which is currently untended. At the end is a door to a footpath. Within the garden is a block rendered and bitumen felt Garden Shed (no door or window) and an adjoining outside WC (no door.)
TENURE AND POSSESSION
Freehold with vacant possession.
SERVICES
All mains services connected. Mains gas central heating.
Broadband: Standard, Superfast and Ultrafast available (Ofcom) Mobile telephone: EE variable indoors and EE, Three, Vodaphone and 02 good outdoors (Ofcom)
VIEWING
Strictly and only by prior appointment with Stags’ Truro office on 01872 264488.
DIRECTIONS
From the railway station, drive up the hill and at the mini roundabout take the first left over the bridge. Pass the Library on the right-hand side and at the next roundabout take the first left towards Poltair School and drive up the hill. At the mini roundabout turn right and pass Poltair School on the left. Just after the entrance to Hillside Road on the left, turn right into Lostwood Road, after 100 yards turn right (unsignposted) and number 56 is on the left handside after about 60 yards. There is street parking outside.
PROOF OF IDENTITY
Under Money Laundering Regulations 2017, it is a requirement for Estate Agents to perform due diligence checks on any person who intends to bid at auction. There will be a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for registration.
BUYERS AND ADMINISTRATIVE FEES
The successful purchaser(s) will be liable to pay the sum of £5,000. From this a buyer’s fee of £2,400 inc VAT is retained by Stags/Bamboo Proptech as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
An additional administration fee of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction.
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly. The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.
AUCTION LEGAL PACK
The legal pack and Special Conditions of sale are available online to be downloaded, via the tab on the online auction property listing page. Prospective purchasers will need to register with the Bamboo Proptech online platform in order to download the legal pack. It is the purchaser’s responsibility to make all necessary enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.
SOLICITOR ACTING
Kathy Carr of Charles French Solicitors - Bayview House, St Austell Enterprise Park, Treverbyn Road, Carclaze, St Austell, Cornwall, PL25 4EA. F
Telephone: 01726 67660 / Email: [email protected]
COMPLETION DATE
The completion date will be as dictated by the solicitor and included in the legal pack.
DEFINITION OF AUCTION GUIDE AND RESERVE PRICE
Guide Price is an indication of the Seller’s expectation. Reserve Price is a figure below which the auctioneer cannot sell the lot at auction. We expect the Reserve Price to be set within the guide range. Guide Prices may change at any time prior to the auction.
SPECIAL CONDITIONS OF SALE
Particulars, remarks and stipulations contained herein shall be deemed to form part of the special conditions of sale/auction information pack and in case of any inconsistencies the provisions of the latter shall prevail. Special conditions of sale/auction information pack is available online. It is assumed that the Purchaser will have made all necessary enquiries prior to the auction.
IMPORTANT
Stags gives notice that: 1. These particulars are a general guide to the description of the property and are not to be relied upon for any purpose. 2. These particulars do not constitute part of an offer or contract. 3. We have not carried out a structural survey and the services, appliances and fittings have not been tested or assessed. Purchasers must satisfy themselves. 4. All photographs, measurements, floorplans and distances referred to are given as a guide only. 5. It should not be assumed that the property has all necessary planning, building regulation or other consents. 6. Whilst we have tried to describe the property as accurately as possible, if there is anything you have particular concerns over or sensitivities to, or would like further information about, please ask prior to arranging a viewing.
BUYERS AND ADMINISTRATIVE FEES
The successful purchaser(s) will be liable to pay the sum of £5,000. From this a buyer’s fee of £2,400 inc VAT is retained by Stags/Bamboo Proptech as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
An additional administration fee of £1,200 inc VAT will be payable by the successful purchaser immediately after the auction.
DEPOSIT PAYMENT
The Seller and Buyer agree that the winning Bidder may transfer the remainder of the 10% deposit (less the amounts paid online) within 48 hours of the end of this online auction. Clauses 6.1, 6.2 and 7.1 of the Holding Deposit Agreement shall be read as amended to reflect this accordingly. The remainder of the 10% deposit payment is handled by the buyer’s solicitors and must be in their client account no later than 48 hours post exchange. It is essential that you instruct your solicitor in advance of the auction.
Summary
- Auction end
- 10th Dec at 17:30
- Property type
- Semi-Detached
- Tenure
- Freehold
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- B
Guide Price: *
£100,000
Fees apply
Buyer's fee:£2,400
Admin fee:£1,200
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
† Traditional
Opening bid:
£75,000Bid history
0 bidsSummary
- Auction end
- 10th Dec at 17:30
- Property type
- Semi-Detached
- Tenure
- Freehold
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- B
This property is being sold by:
Stags - Truro
01872 264488
61 Lemon Street Truro Cornwall TR1 2PE
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* 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.
Bamboo Proptech and Stags Online Auction 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 above 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.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Stags Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Proptech or any individual in employment with Bamboo Proptech makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.