3 Bedroom, Detached Bungalow, 61 Maker Road, Torpoint, PL11 2HZ

Overview

Hammer Price Homes are pleased to present for sale by online auction this 3 bedroom, detached bungalow in Torpoint, East Cornwall. The sale is open for cash buyers only.

The property enjoys beautiful water and countryside views and briefly comprises: To the ground floor, an entrance hallway leading to a lounge, kitchen/diner, 3 bedrooms and a bathroom.

Outside the property sits on a good sized plot with gardens to the front and the rear as well as an inner courtyard area with a greenhouse, which can be accessed from the hallway. Parking is provided by a driveway at the front of the property leading to an attached garage. The front garden also benefits from a wooden shed.

Whilst the property has been mostly cleared, there are some items remaining in the wooden shed and a free-standing cooker in the kitchen. The property is sold as seen and the winning bidder will be responsible for clearing these items post completion.

The property requires full renovation throughout, and this sale is open for cash buyers only due to the general condition we feel the property is unmortgageable. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.

Location

The property is situated Torpoint, on a peninsula in East Cornwall, across the River Tamar from Plymouth. Torpoint offers nursery, primary schools along with a secondary school. You can also find a wealth of facilities such as bus routes, shops, a supermarket and health centre. For anyone wishing to explore the local area the picturesque former fishing villages of Kingsand & Cawsand as well as the coast line at Whitsand Bay are well worth a visit.

Special Conditions

This sale is open for cash buyers only due to the general condition; we feel the property is unmortgageable. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, or for any concerning information within the searches. The property is sold as seen.

60 days to complete.

Tenure

Tenure – Freehold – Land Registry documents, including Conveyance document 18^th July 1967, are available for download from the Hammer Price Homes website.

Other information

The Administrator / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services may be isolated.

Council Tax Band – E

EPC Rating – D

Utilities:

Primary source of Water Supply: Assumed Mains

Primary source of Electricity Supply: Assumed Mains

Primary source of Gas Supply: Mains Gas Supply (information taken from EPC Certificate)

Source/s of heating: Boiler & Radiators (information taken from EPC Certificate)

Primary arrangement for Sewerage/Drainage: Due to the property being on a residential street, it is assumed that it is connected to a public sewer.

Searches

Searches have been ordered and will be made available for download from the Hammer Price Homes website prior to the bidding taking place. The winning bidder will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee. Prospective buyers are to review all searches available prior to bidding.

Auction Details

** Open for cash buyers only. 60 days to complete**

Auction ends – Thursday 13^th March 2025 at 1:00pm (Subject to anti-sniping).

Bidding Window Opens – Tuesday 11^th March 2025 at 12:00pm (Bidding will not be possible until this time).

Starting price – £192,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Fees

All fees are payable by bank transfer only (we do not take card payments).

Reservation Fee – Please note that there is a Reservation Fee (3.6% of the eventual sale price, including VAT) payable by the buyer within 2 hours of winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.

Searches –The buyer is required to pay £300 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee.

Viewings

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must stick to their time precisely.

Proof & Source of funds

In order to satisfy our Anti-Money Laundering obligations, winning bidders are required to complete their source of funds questionnaire within 24 hours of the close of the auction. This will detail how they will finance the purchase and provide supporting evidence as to the source of the funds (such as bank statements).  It is advised that anybody bidding on a property prepares this information prior to taking part in an auction so that it is readily available. See our buyers FAQ’s for further information.

Current proof of funds may also be requested from registered buyers, prior to enabling their account for bidding, as part of our affordability checks.

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and FAQ’s on the site for more details.

This is a probate property and is sold as seen. The Administrator / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions or provide a property information form.