4 Bedroom, semi-detached period cottage, La Casetta, Mayfield, East Sussex, TN20 6AN
Overview
Hammer Price Homes are pleased to present for sale by online auction this 4 bedroom, semi-detached period cottage in the desirable historic village of Mayfield, and the within the conversation area of Mayfield and Coggins Hill. The sale is strictly open for cash buyers only.
The cottage was formerly 3 cottages converted into one larger characterful dwelling with exposed beamed ceilings, exposed timber paneling, traditional leaded windows and feature fireplaces. The property briefly comprises: To the ground floor, an entrance leading to a generous living room, dining room, sitting room, kitchen, utility room and downstairs W.C. To the first floor there are 4 bedrooms and 2 bathrooms, accessed via multiple staircases. The property also benefits from a basement.
Please be advised that a section of the first floor bathroom is a Flying Freehold above the next door property. Prospective buyers are to obtain their own independent legal advice in relation to the Flying Freehold prior to taking part in the auction.
The property is accessed from Mayfield High Street via a pedestrian passage. Prospective buyers are to be aware there is no legal right of vehicle access to the property via North Street, as the current access is a private road and the current freeholder has confirmed all parking spaces have been demised or rented.
The extent of ownership can be seen on the Land Registry Title Plan ESX418027 which is available for download from the Hammer Price Homes website.
The property requires full renovation throughout, and this sale is strictly open for cash buyers only 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, for any issues relating to the flying freehold, 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.
Due to the property not having any vehicle access or parking provision as detailed in the listing, following the completion of the sale of La Cassetta (the property), there is an opportunity for the successful buyer to purchase a single garage located off South Street, Mayfield. Land registry documents title number ESX191984, have been included and are available to download from the Hammer Price Homes website. The garage is located approximately 0.2 miles/5 minute walk from the property and will be offered to the successful buyer at a cost of £25,000. This is an additional option post completion, and is not included in the sale of the property. There is no obligation for the successful buyer to purchase the garage, this is offered as an option if they desire. Prospective buyers are to obtain their own independent legal advice and are to cover their own legal costs associated with the purchase of the garage if they wish to proceed. Photographs of the garage labelled ‘Garage 2 – Option to Purchase’ have been included in the listing.
Location
The property is located in the historic and characterful village of Mayfield and the within the conversation area of Mayfield and Coggins Hill, and with easy access to the surrounding countryside. Mayfield is a desirable village with the high street offering a variety of local amenities, shops, cafes and traditional Inns, along with the well-regarded Mayfield School secondary school for girls. Mayfield is only a short distance to neighboring market towns of Heathfield and for more comprehensive facilities Tunbridge Wells is approximately 7 miles to the north. Railway stations can be found at Wadhurst (5 miles) and Tunbridge Wells. These provide a fast and regular services to London.
Special Conditions
The property requires full renovation throughout, and this sale is strictly open for cash buyers only 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, for any issues relating to the flying freehold, or for any information within the searches. The property is sold as seen.
65 days to complete.
Tenure / Management information
Tenure – Freehold – Land Registry documents associated with the property, title number ESX418027 are available for download from the Hammer Price Homes website.
Prospective buyers are to obtain their own independent legal advice in relation to the Flying Freehold prior to taking part in the auction.
Tenure – Freehold – Land Registry documents associated with the single garage, title number ESX191984 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 – F
EPC Rating – E
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 and radiators, mains gas (information taken from EPC Certificate)
Primary arrangement for Sewerage/Drainage: Foul and Surface water from the property drains into a public sewer (information taken from the Regulated Drainage & Water Search).
Searches
Searches have been added and 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. 65 days to complete**
Auction ends – Wednesday 6th November 2024 at 1:00pm (Subject to anti-sniping).
Bidding Window Opens – Monday 4th November 2024 at 12:00pm (Bidding will not be possible until this time).
Starting price – £200,000 (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% 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.
