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£295,000
The Boat House, The Bay, Lower Street, Looe, Cornwall, PL13
- 4 beds
£295,000
- 4 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£1,347 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£14,750
Property listed by:
Bradleys Estate Agents
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This property is for sale by conditional online auction, powered by Bamboo Auctions. Place a bid on www.bradleys-online-auctions.co.uk by 12pm on Friday 22nd September 2023.
| . | Nestled in the cobbled back streets of East Looe, just moments away from Looe Beach and quayside, The Boat House is one of few properties within the town centre that provides garage parking as well as an expansive workshop. The maisonette itself requires a level of modernisation but offers ample space including 4 bedrooms. Required Information Tenure: Freehold Local Authority: Cornwall Council Council Tax: Band C |
| Location | Looe is a popular coastal town all year round, within the town you will find a range of boutique shops, restaurants, traditional Cornish pubs and more. For the watersport enthusiasts there is a thriving sailing and rowing community in Looe, in addition to wonderful kayaking expeditions that can be enjoyed along Looe River. There are good transport links, with a Train Station providing services to Plymouth, Exeter and London Paddington. |
| . | This property is being sold by conditional online auction and a non-refundable reservation fee of £5000 or 3.5% + VAT applies, whichever is the greater (in addition to the purchase price). If you are the successful bidder, you will be charged the amount of £5,000 + VAT (£6,000) or 3.5% +VAT, whichever is the greater, which will be processed online, immediately at the end of the auction, only if you are the successful bidder. You will then have 20 working days within which to exchange contracts, and a further 28 days to complete the purchase. |
| Definition of Guide and Reserve Price | |
| Guide Price | An indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction. |
| Reserve Price | The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. Bids may be accepted by the system but the property will not sell if the bidding does not reach the reserve. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. |
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£1,347 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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