Cowl Street, Shepton Mallet, BA4

Description

A semi detached two bedroom stone built house being one of a pair in a quiet backwater of the town. The property requires a programme of renovation and modernisation throughout; The Property is not Listed.

This property is let under an Assured Shorthold Tenancy at a current rent of £130 per week. The open market rent achievable is considered to be £8,400 per annum exclusive.

The property is approached directly into the kitchen / dining room where a staircase rises to the first floor with an understairs cupboard housing the gas boiler. There is a further storage area with plumbing for the washing machine. The kitchen is fitted with a range of units, incorporating single drainer sink unit, space for gas cooker, free standing fridge / freezer and a small table and chairs. From here a door leads into the sitting room where there are double glazed windows to front and rear, and high ceilings.

On the first floor the landing has a double cupboard and doors to the two double bedrooms. The bathroom is fitted with panel enclosed bath, low level wc and wash hand basin.

Outside

The property has parking to the front for several vehicles and a small flower bed. There is an area of garden to the rear which is accessed by walking around to the rear of the property. The gravelled area allocated for Japonica Cottage is the furthest away from the road.

Additional Information

The property has a gas heating system.

Council Tax Band B

Local Council: Somerset Council

Telephone: 0300 303 8588

Services: We understand mains water, electricity, gas and drainage are connected. Potential purchasers are advised to make their own enquiries into the adequacy and availability of any services.

Tenure: Freehold

VAT: The purchase price is not subject to VAT

Viewing: Strictly via Cooper and Tanner, Shepton Mallet office – 01749 372 200.

Solicitors

Bartlett Gooding and Weelen

Telephone: 01963 350888

Libby Stoodley acting

Ref: GPT/10812

Completion

Completion has been set for 12th June 2024, or earlier by agreement.

AGENT'S NOTE: The property is offered for sale by online auction. In order to be authorised by the auctioneer to bid you will be asked to provide evidence of proof of funding (i.e. bank statement with sensitive information removed or letter of confirmation from your accountant) to at least the bottom end of the guide price. You will not be authorised to bid if you are dependent on the sale of another property in order to release funds. Please open the link to the brochure in order to read the full Terms and Conditions of the auction.

Registering to bid and Administration fee

Cooper and Tanner require all bidders who wish to bid at our Auction to register beforehand, whether you are intending on bidding in the room, by proxy or online. As part of the registration process, you will be asked to provide card details in order that the Buyer’s Administration Fee of £1350 inc VAT can be paid if you are successful. A week before the auction a hold will be placed on your account for this sum, which will then be released if you are unsuccessful. This fee will only be taken if you are the successful buyer. The fee is retained by Cooper and Tanner and does not form part of your deposit or completion settlement. Please also be aware that the Buyer’s Administration fee is payable per lot purchased and applicable to all pre-auction sales. If you are successful in purchasing more than one lot, we will contact you following the auction to take subsequent payments for additional lots bought. All checks required by current anti-money laundering legislation must be satisfactorily completed, as part of the registration process before prior approval to bid will be granted; this will include providing proof of funds.

Deposit

Successful bidders will be required to pay to the Cooper and Tanner Client Account the deposit of 10% of the purchase price within 24 hours of the auction. The account details will be provided to the successful bidder on conclusion of the auction. Once funds are cleared, they will be transferred on to the account of the solicitor acting for the seller. Please ensure that funds are in an account suitable to be able to make an Electronic Transfer from.