Detached House
DRAFT DETAILS
For sale by auction - Friday 8 May 2015
At East Midlands Conference Centre, University Park, Nottingham, NG7 2RJ
Commencing at 11.30am
Two bedroomed bungalow
Delightful location on top of Mullion Cliff
Previously a holiday let generating £245-£550 per week
Communal gardens and allocated parking
EPC Rating: F
The property is situated in a small complex of twelve bungalows in a delightful location on top of Mullion cliff, above Mullion Cove. The village of Mullion is approximately one mile away and offers a good range of facilities for holiday makers and is a very popular tourist destination. Lizard Point and Kynance Cove are a short drive away and the property is situated 5 minutes from the coastal path. Stunning views and walks are right on the doorstep.
The property also further benefits from one allocated parking space and use of the communal grounds with stunning views of the Cove and coastline. We believe that the bungalow has previously been used as a self-catering holiday let generating £245 - £550 per week.
We understand the property is being sold with the majority of its contents included, so possible letting potential immediately upon completion.
The accommodation comprises:
UPVC double glazed front door opening into:
Lounge 12ft 9 x 12ft 0 (3.89m x 3.66m)
UPVC double glazed window to the front aspect, TV aerial point, wall mounted electric heater, laminate flooring.
Kitchen Area 6ft 10 x 5ft 10 (2.08m x 1.78m)
Fitted with a single sink and drainer unit and tiled splash back and surround, range of base units including a built in fridge, range of wall units, space for cooker, laminate flooring, UPVC double glazed window to the rear aspect.
Bedroom One 11ft 3 x 9ft 2 (3.43m x 2.79m)
With UPVC double glazed window to the front aspect and wall mounted electric heater.
Bedroom Two 9ft 4 x 8ft 2 (2.84m x 2.49m)
With UPVC double glazed window to the rear aspect, wall mounted electric heater and loft access.
Shower Room 7ft 5 x 5ft 5 (2.26m x 1.65m)
Fitted with a shower cubicle with electric shower, pedestal wash hand basin, low level WC, fully tiled walls, two UPVC double glazed obscured windows to the rear aspect, wall mounted Dimplex heater, extractor fan, shaver point and tiled flooring
Outside
To the front of the property there is a raised decking area. To the rear is an allocated parking space. There is also a communal laundry facility. Use of the communal grounds with stunning views of the Cove and coastline.
Notes
The property is leasehold having the remainder of a 999 year lease which started in 2005.
Our clients have informed us that there is a maintenance charge of approximately £1000.00 per annum which includes buildings insurance, maintenance, up keep of the grounds and a managing agent to run the site. There is also a ground rent of £50.00 per annum.
Greenshank can only be used as a holiday home and not as a permanent residence, but has a twelve month occupancy availability.
Mains electricity, water and drainage are installed.
Tenure
Leasehold. Vacant possession on completion.
Conditions Of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Note
Prospective purchasers will need to register within the auction room before the sale commences. Two items of identity will be required together with an indication of how a contractual deposit will be paid. We do not take cash deposits.
The sale of each lot is subject to a buyers fee of £750 (inc VAT) payable on exchange of contracts.
Viewings
By appointment with the auctioneers - 0115 958 8702.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary.
