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£190,000 For Sale St. Georges Road, Looe

 

Property Description

SITUATION

Looe is a famous fishing port and holiday destination on the Cornish Riviera with it's stunning scenery and delightful coastal walks. Steeped in history, Looe is bisected by the East Looe River, boasting sandy beaches and historic landmarks along with a variety of bars, restaurants and station providing access to the national rail network. Also, the highly regarded Barbican area is located just beside the town with both secondary and primary schools, shops, popular pub and other amenities

DESCRIPTION

For sale by Modern Method of Auction: Starting Bid Price £190,000.00 plus Reservation Fee. A spacious end terraced property located only a stone's throw from the beach and harbour in the famous fishing port of Looe. This is an ideal investment opportunity currently arranged as two self contained two bedroom flats with tremendous scope to be converted into a large four bedroom family home (subject to planning). The dwellings occupy a generous corner plot with gardens on three sides, ample off road parking and garage. Also, fine views can be enjoyed towards West Looe and beyond. This property is for sale by The South West Property Auction powered by iam-sold

AUCTIONEER'S COMMENTS

This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern
Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts
immediately, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft
contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means
interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts
an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 2.5% subject to a
minimum of £5,000 plus VAT(£6,000), which secures the transaction and takes the property off the market. The buyer will be required
to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of
the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the
auction section of our website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess
of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the
vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by The South West Property Auction
powered by iam-sold Ltd” or “iam-sold Ltd”. TO VIEW OR MAKE A BID – Contact Parkes & Pearn or visit: www.parkesandpearn.co.uk

SERVICES

Mains electricity, water, drainage and gas

COUNCIL TAX BAND

B

EPC RATING

D

DIRECTIONS

From East Looe proceed out of town on the B3253. Turn right at St Martins church onto Barbican Road. Carry on passing the Looe Community Academy, The Barbican Inn and shops. Bear right onto Barbican Hill and take the next right into St Georges Rd where the property can be found further along on the left corner identified by the Parkes & Pearn 'For Sale' sign

Key Features

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Parkes & Pearn