A rare opportunity to acquire a substantial detached coastal residence occupying an elevated position within one of South Devon's most sought-after locations.

FOR SALE BY MODERN AUCTION METHOD 

The property currently provides extensive accommodation including five double bedrooms, two en suite bathrooms, two further family bathrooms and a self-contained one-bedroom annexe. Requiring comprehensive refurbishment throughout, it presents an exceptional opportunity for developers, builders, investors or purchasers seeking to create a substantial luxury home in a highly desirable setting.

Properties offering this level of accommodation, together with generous parking and easy access, are increasingly difficult to find in Shaldon, where many homes are approached via narrow village lanes and offer limited outside space.

Subject to the quality of refurbishment and finish, we believe the property has the potential to create a landmark coastal residence with an end value in the region of £1.2m–£1.5m.

Situated adjacent to a luxury leisure complex offering spa facilities, indoor swimming pool and fully equipped gymnasium, and within easy reach of the beach, estuary, golf course and Dartmoor National Park, the property combines lifestyle and investment potential in equal measure.

Auctioneer Comments

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.

Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £82.50 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.