5 Bedroom, Mid-Terrace House, 17 Trewellard Road, Pendeen, TR19 7ST
Overview
Hammer Price Homes are pleased to present for sale by online auction this characterful 5 bedroom mid-terrace house in Trewellard on the outskirts of the village of Pendeen, West Cornwall. The sale is strictly open for cash buyers only.
The property briefly comprises: To the ground floor, an entrance hallway leading to a good sized lounge, dining room, third reception room/utility, kitchen and bathroom. To the first floor there is a landing leading to 5 bedrooms.
Outside there is a small front garden, and to the rear the property benefits from a good sized garden.
As will be evident at the open days and on the photography, whilst most of the property has been cleared, the rear garden is overgrown and some items remain in the garden, along with a wooden shed and its contents. The property is sold as seen and it will be the responsibility of the buyer to clear the rear garden vegetation, the remaining rear garden items and shed contents post completion.
The property is unregistered, the vendor’s solicitor holds the deeds. The buyer will be responsible for completing the first registration post completion, the epitome of title is readily available for download from the Hammer Price Homes website.
As detailed in the searches, in particular the ‘Residential GeoRisk’ search (which is available for download from the Hammer Price Homes Website), the property lies within a historic metalliferous mining area. Mineralised veins are recorded to pass through the property boundary at an undefined elevation and at surface outcrop and there is a possibility of unrecorded mining features associated with these mineralised veins within the property boundary. Also noted is there is believed to be an adit (mine drainage tunnel) which is recorded to pass within the property boundary at the end of the rear garden (as detailed in the ‘Residential GeoRisk’ search).
The property requires full renovation throughout, and this sale is strictly open for cash buyers only (buyers who are not reliant on any form of finance) as due to the 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 (including anything of a structural nature), for any issues in financing the purchase, or for any information within the searches.
The auction starting price and auction reserve price reflects the levels of modernisation works required and any risks associated with historic mining activities. Any further investigations and surveys associated with historic mining activities are to be completed post completion. ** The property is sold as seen **.
Prospective buyers are to obtain their own independent legal advice in relation to the Property, the Land Registry information and the Searches prior to taking part in the auction.
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 located withing Trewellard on the outskirts of the former mining village of Pendeen, West Cornwall. The property lies within an Area of Outstanding Natural Beauty, World Heritage Site Area and Conservation Area. The property benefits from local amenities and facilities, including shops, pubs, cafes and a school. The nearest main town of Penzance is located approximately 7 miles east, where a full range of amenities and facilities can be accessed, including a mainline (Penzance to London) railway station and access onto the A30 road.
Special Conditions
The property requires full renovation throughout, and this sale is strictly open for cash buyers only (buyers who are not reliant on any form of finance) as due to the 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 (including anything of a structural nature and anything associated with historic mining activities), for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.
60 days to complete.
Tenure
Tenure – Freehold – Land Registry documents are available for download from the Hammer Price Homes website.
First registration – The property is currently unregistered, and the epitome of title and corresponding documents can be viewed on the Hammer Price Homes website. The vendor’s solicitor holds all relevant conveyancing documentation as detailed in the epitome of title to allow the buyer to proceed with officially registering the property with Land Registry once completion has taken place.
Prospective buyers are to obtain their own independent legal advice in relation to the Property, the Land Registry information and the Searches prior to taking part in the auction.
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 – B
EPC Rating – E
Utilities:
Primary source of Water Supply: Assumed Mains
Primary source of Electricity Supply: Assumed Mains
Primary source of Gas Supply: Information unknown
Source/s of heating: Electric storage heaters assumed (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 are available for download from the Hammer Price Homes website. 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
** Strictly open for cash buyers only. 60 days to complete**
Auction ends – Friday 21st February 2025 at 11:40am (Subject to anti-sniping).
Bidding Window Opens – Tuesday 18th February 2025 at 12:00noon (Bidding will not be possible until this time).
Starting price – £120,000 (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.
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.
