Morwenna Terrace, Bude, Cornwall, EX23

** Auction Pack Now Available**

For sale by public auction (unless sold prior) on the 24th July 2024 at 7pm | One bedroom LEASEHOLD ground floor apartment | Central town location with views towards the golf course | Double glazing throughout | In need of modernisation although offering great potential | EPC Rating - G

DESCRIPTION
An exciting renovation opportunity set in the centre of Bude town and offered to the market for sale via method of public auction.

The property is accessed through a communal entrance with the accommodation briefly comprising a light and airy reception room with feature tiled fireplace and bay window offering views towards the golf course. A sliding door provides access to a bedroom with window to the rear aspect and feature art deco fireplace with doorway leading to the rear porch providing access to the further rooms. The hallway leads to a further reception room which is well-suited as a dining room and is set just off the kitchenette which offers a range of wall and base level units with integrated stainless-steel sink/drainer unit, insulated hot water tank and space and power for cooker and fridge/freezer. A doorway at the rear leads to the bathroom which comprises panel enclosed bath, w.c. and hand wash basin.

Given the potential and location the property is sure to entice a myriad of buyers.

LOCATION
Morwenna Terrace is conveniently situated in the heart of the town, within easy reach of shopping facilities and also the beach. Bude offers a wide range of amenities most of which are within a 5 minute walk including supermarkets, shops, banks, post office, headland and beaches. The leisure facilities include a leisure and sport complex with adjoining bowling alley, indoor and outdoor swimming pools, an 18 hole links golf course, bowls, horse riding, tennis and squash courts. The popular sandy beaches and rugged coastline provide excellent surfing and coastal walks with breath-taking views.

The A39 ’Atlantic Highway’ is around 1 mile away and provides excellent road access north to the larger towns of Bideford and Barnstaple. Barnstaple offers modern shopping stores, theatre, hospital, technical college and access via the North Devon link road to the M5.

AUCTION VENUE & DATE
Lifton Strawberry Fields, Lifton, Devon PL16 0DE on Wednesday 24th July 2024 (unless sold prior) at 7pm.

REGISTRATION
Please note ALL BIDDERS, including Kivells existing clients, will need to register with Kivells on the night of the auction in order to comply with The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the "Regulations") – as of 26th June 2017.

Bidders will be required to provide one form of government issued photographic identity and a utility bill addressed to them at their home address, dated within 3 months of the date of the auction. Failure to do this, may prejudice your ability to bid on the night.

ONLINE BIDDING
Online bidding registration will be available 10 days before each auction and all bidders must register at least 48 hours prior to the auction. For further information, please visit or contact your local Kivells office.

BUYER’S ADMINISTRATION FEE
All successful buyers at Kivells’ Property Auctions should note that on exchange of contracts, a Buyer's Administration Fee of £2,000 plus VAT (Total: £2,400 inc VAT) is payable to Kivells on the night of the auction. This fee can be paid by either bank transfer, personal cheque or debit card.

Please note if the lot is sold prior to auction, or afterwards, these fee’s remain payable. There are no discounts for multiple lots purchased and you must consider this when bidding/offering prior.

SOLICITOR
Rowena Farry, Peter Peter and Wright solicitors, Bude.
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AUCTION PAYMENT
A 10% deposit will be required to be paid by the successful bidder upon the fall of gavel and at this point the contract is legally binding. The deposit must be paid to Kivells as auctioneers and can only be paid in the form of a cheque or bank transfer.
ALL bidders must only bid if they can make this payment.

Cheques must be drawn on a bank or branch of a bank in the United Kingdom, any other cheques may be rejected and it will the responsibility of the purchaser to ensure they have the correct method of payment available at each auction.

TENURE
Leasehold.

Sold with the remainder of a 99 year lease which commenced in 2001.

SERVICE CHARGE, GROUND RENT AND BUILDINGS INSURANCE 2023:
- Service charge - £150
- Ground rent - £10
- Buildings insurance (25%) - £202.53

LOCAL AUTHORITY
Cornwall District Council.

EASEMENTS, WAYLEAVES & RIGHTS OF WAY
The property is offered for sale, subject to and with the benefit of all matters contained in or referred to in the Property and Charges Register of the registered title together with all public or private rights of way, wayleaves, easements and other rights of way, which cross the property.

BOUNDARIES
Any purchaser shall be deemed to have full knowledge of all boundaries and neither vendor nor the vendor’s agents will be responsible for defining the boundaries or the ownership thereof. Should any dispute arise as to the boundaries or any points on the particulars or plans or the interpretation of them, the question shall be referred to the vendor’s agent whose decision acting as experts shall be final.

GUIDE PRICES
Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

The reserve price is the minimum price at which the property can be sold, both the guide price and reserve price may be subject to change up to and including the day of the auction.

Please note that all prices listed, whether prior to or post auction, are subject to contract.
The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

FLOOR PLAN
The floor plans are not to scale and are for identification purposes only. SERVICES - Mains water, electricity, and drainage.

EPC – G.

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