South Street, Taunton, TA1
£225,000

Guide price

Bedrooms: 22
SUMMARY

A SUBSTANTIAL RENOVATION PROJECT located on the SOUTH SIDE of Taunton. Used as a BEDSIT/HMO in previous years. OPEN EVENTS 17TH & 24TH SEPTEMBER!

DESCRIPTION

OPEN EVENTS:

17TH SEPTEMBER - 14:00 - 16:00

24TH SEPTEMBER - 14:00 - 16:00

PLEASE CALL TO REGISTER INTEREST Council Tax Band: H Tenure: Unknown

Auctioneer's Comments

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of [%%PERCENTAGE_COST_VALUE%%]% of the purchase price including VAT, subject to a minimum of £[%%MINIMUM_COST_VALUE%%] including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

The Property

Available to the market for the first time in many years is this substantial renovation project on the edge of Taunton's Town Centre.

Highclere House has been previously used as a bedsit and later a HMO with the most recent licence having been granted for 22 bedrooms (expired in 2017).

The property, which is set over three floors has been vacant for many years and is in significant disrepair. No guarantee is given to the structural integrity of the property.

Highclere House is Grade 2 Listed and is a prominent landmark of South Street, ripe for redevelopment and excellently situated for access to the Town Centre, M5, local parks and scholastic facilities such as Kings College.

Please note it is not possible to obtain a floorplan due to limited access to some areas.

DIRECTIONS

From the Town Centre head east on Fore Street and at the traffic lights turn right onto Silver Street. Filter left and turn left into Alma Street. At the end of the road turn right onto South Street where the property will be located on the left hand side.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. These particulars do not constitute part or all of an offer or contract.

3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.

4. Potential buyers are advised to recheck the measurements before committing to any expense.

5. Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.

6. Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

01823 710062

Connells - Taunton

53 High Street, Taunton

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