23 Droridge - Dartington
23 Droridge, Totnes, TQ9 6JQ
- 6
Key features
Guide Price: *
£500,000
Fees apply
Buyer's fee:£2,400
Admin fee:£1,200
All fees include VAT at 20%
Holding Deposit: *£7,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Opening bid:
£450,000Bid history
0 bidsMETHOD OF SALE
The property will be offered for sale by Online Traditional Auction (unless sold prior.) The auction end date is Tuesday 6th May 2025 at 4:30pm. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.
SITUATION
The popular village of Dartington has a primary school, an excellent post office/village store, the famous Dartington retail centre, a 12th Century Inn, Church and a vibrant community. The Dartington Hall estate with its many cultural attractions is also within the parish. The historic town of Totnes is a short walk away, a bustling market town full of interest with a wide range of good local schools, shopping facilities and recreational pursuits. The A38 Devon expressway is approximately 4 miles away, allowing speedy access to the cities of Exeter and Plymouth and the M5 beyond. Main line rail links to London Paddington are located in Totnes.
DESCRIPTION
23 Droridge is a substantial detached property requiring full renovation, situated in the sought-after village of Dartington. Offering a spacious and versatile layout, the property extends to approximately 2,490 sq ft (231.1 sq m) and includes a mix of reception rooms and bedrooms. The ground floor comprises a large sitting room, dining room, breakfast room, two kitchens, an office, and a conservatory. The first floors provide four bedrooms, two attic storage areas, and two bathrooms. The property benefits from delightful features, generous proportions, and potential for reconfiguration, subject to necessary consents.
OUTSIDE
The property sits within a good-sized plot with a garage and ample parking. The garden offers scope for landscaping and enhancement to suit a buyer’s requirements.
SERVICES
All mains services connected. Gas fired central heating. According to Ofcom, likely mobile coverage and up to ultrafast broadband available.
DIRECTIONS
From Totnes, proceed towards Dartington on the A385, cross the railway bridge and turn left signposted Salcombe and Dartmouth. At the bottom of the bypass turn right into Barracks Hill, proceed along this road for approximately ¾ of a mile and turn left into Sawpit Lane. Proceed straight along this country road and take the second right into Droridge shortly before reaching the A385. The property can be found on the left at the end of the road.
PROOF OF IDENTITY
Under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that 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 ADMINISTRATION FEES
The successful purchaser(s) will be liable to pay the sum of £10,000. From this a buyer’s fee of £2,400 inc VAT is retained by Stags/Bamboo as a contribution towards the online platform costs, and £7,600 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.
The Buyer shall on completion pay the sum of £700 being a contribution the Local and other Search fees incurred and any other fees of the Seller.
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.
LEGAL PACK
Copies of 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 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
Matthew Clarke at Windeatts, Totnes. 01803 862233. [email protected].
COMPLETION DATE
The completion date will be 20 working days.
DEFINITION OF AUCTION AND RESERVE
Guide price(s) are an indication of the seller’s expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Guide prices may change at any time prior to the auction.
SPECIAL CONDITION 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 ADMINISTRATION FEES
The successful purchaser(s) will be liable to pay the sum of £10,000. From this a buyer’s fee of £2,400 inc VAT is retained by Stags/Bamboo as a contribution towards the online platform costs, and £7,600 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
- 6th May at 15:30
- Property type
- Detached
- Tenure
- Freehold
- Bedrooms
- 4
- Bathrooms
- 2
- Council tax band
- F
Summary
- Auction end
- 6th May at 15:30
- Property type
- Detached
- Tenure
- Freehold
- Bedrooms
- 4
- Bathrooms
- 2
- Council tax band
- F
This property is being sold by:
Stags - Totnes
01803 865454
The Granary Totnes Devon TQ9 5GN
†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 Auctions 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.
Refreshing the Page
To make sure that you are seeing the latest information for the property, we recommend you refresh the page. This ensures you're seeing live information and not stored (cached) data. If the page disconnects from the Internet, refreshing the page will show the latest information.
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 Auctions or any individual in employment with Bamboo Auctions 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.