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Mill Cottage, Nenthead, Alston, CA9 3PD

Lot no: 208 Sold Prior to Auction
 

Guide Price £195,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 29th April 2021

10.00am
Key Features
  • Detached House
  • Attached Annex
  • Kitchen with Rayburn
  • Surrounded by Beautiful Countryside
  • EPC Rating: F
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Sold Prior to Auction

Cottage

Property Description:

A detached house built in the 1740’s in the village of Nenthead. Within and area of outstanding natural beauty and beside UNESCO Geopark –Nenthead mines. On the C2C cycle route, near Cross Fell and not far from Yad Moss ski slope.

It has a nice primary school in the village, restaurant, The Hive ( café and crafts) and a small community shop.

It is fully double glazed within the last few years in a traditional style.

It has 3 bedrooms, a modern bathroom and separate toilet. A kitchen with Rayburn and bespoke wood kitchen, with oak worktops.

It has 2 forms of heating oil and solid fuel.

The sitting room has a wood burner, oak flooring, exposed beams and has been plastered with lime plaster and hemp in the traditional manner for these houses.

It has a utility with room or a washer and dryer.

The annex or bunkhouse is double glazed; it has a sitting room dining area, 2 shower rooms with wc’s and a kitchen with a washer, dryer and fridge.

It has a new gas boiler.

It has been used as a bunkhouse before Covid and was popular with cyclist and walkers. Check out Airbnb or Google. It could be used as a small holiday let, granny annex, art studio or home office.

There are 2 Asgard cycle stores for secure storage of push bikes.

The house has a front garden with a historic path going from Hilltop cottages to the Byway where we access our house.

There is another piece of land that is leased it has a hydro generator on it, which yields about £3,000 a year in income.

Behind this building there is a piece of land that is used for BBQ’s etc. It is not overlooked and has some woodland with it.

Tenure:

Freehold.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.