ABOUT THE PROPERTY

A unique opportunity to acquire a smart 5/6 bedroomed three storey detached residence plus an attractive 1 bedroomed detached modern annexe, both currently operating as a very successful holiday letting business. The property is located within the sought after village of Braunton, which acts as a gateway to the North Devon coast and beaches proving, an extremely desirable place to live and visit. Both properties are very well presented having undergone significant refurbishment in recent years and can either continue as a letting business adopting the existing bookings and if required, the items of furniture (which may be available by separate negotiation), or to become a superb main home with dual-occupancy potential/self-catering accommodation.

The accommodation of Wellclose House comprises; an entrance porch, large ’L’ shaped open plan living, dining and kitchen areas, family bathroom and bedroom. Stairs lead down to a lower ground floor providing three further double bedrooms, (one currently used as a cinema room) and a large family room together with a shower room. The first floor enjoys two further double bedrooms, the master complete with en-suite bathroom.

The Hideout comprises open plan living, dining and kitchen areas, WC off and first floor bedroom with en-suite shower room.

For layout and approximate room measurements please see the enclosed floorplan and refer to the Virtual Tour.

THE GARDEN

The property is approached from Exeter Road via a private shared entrance which leads to two separate driveways for either property providing ample parking. Good sized enclosed gardens adjoin Wellclose House with a decked area adjoining The Hideout.

THE AREA

The property is located in an extremely accessible position just off Exeter Road which leads to the centre of Braunton.

The village itself provides a wide range of amenities, local shops, nearby pubs & restaurants, primary and secondary schooling together with the large central park just opposite.

SERVICES & OUTGOINGS

We understand that the property is connected to all mains services.

North Devon Council – Band E (approx. £2,569 per annum)

WELLCLOSE EPC - D
THE HIDEOUT EPC - E

DIRECTIONS

From Barnstaple, follow the A361 North Devon Link Road in the following the signs to Braunton and continue on this road for 5 miles. Follow Exeter Road (A361) into the village and Wellclose House is on the left hand side, just before the garage.

DIGITAL MEDIA LINKS

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VIRTUAL TOURS AVAILABLE

AUCTION / BUY IT NOW NOTES

This property is being sold by conditional online auction. Unlike a private treaty sale (i.e. private negotiated sale), the property will be sold via an online auction and at the end of the auction, the highest bidder and seller contractually commit to progress the sale (which remains subject to contract) within a specified period, giving both parties commitment and more certainty that the transaction will proceed.

To see the current highest bid price, auction end date or length of exclusivity period, or, to log in or register to bid, please visit the property page on the agent's own website.

The auction bidding window will end at the time and date stated on this property's page on the agent's website. At that point, a reservation fee will be paid by the highest bidder, giving them an exclusive period of time in which to exchange contracts and complete the transaction, during which the seller agrees not to take steps to sell the property to anyone else. The reservation fee is non-refundable and for this property is £10,000.00 Inclusive of VAT. Reservation Fees do not contribute towards purchase prices (or deposit payments), although they will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

Occasionally, the seller of the property may charge additional fees, listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. We strongly recommend that you read the Legal Pack carefully before bidding and obtain independent legal advice, where necessary.

Contracts do not exchange immediately at the end of the auction period and can take place when you are ready, also allowing you time to raise a mortgage if you require one. The exclusivity period granted to the highest bidder is, however, time limited (note the length of this period will vary from property to property) and should you not exchange contracts and complete the transaction within this period, the seller shall be entitled to take steps to sell the property to a third party. The exclusivity period for this property is 120 days from the end of the auction. If you feel that you would require more time than this, please enquire with the agent before you place a bid, as the seller may be able to offer some flexibility.

Each property sold is subject to a reserve price - only offers in excess of the reserve price shall be accepted. The reserve price will be within 10% of the guide price. The guide price is provided as an indication so that a bidder can consider whether or not to pursue their interest.

All of our conditional online auctions are subject to our Bidder Terms, available at https://www.landmark.co.uk/wp-content/uploads/2023/03/Optimus-Bid-Bidder-Terms.pdf

NB – if you are interested in placing a bid for this property, you will need to register on the Auction Website via the link in the Bidding Window. There are several steps to complete for the registration including an ID check. It is recommended that you register asap to avoid disappointment but please note that bidder registration closes 24 hours before the end of the auction.

Council Tax Band: E (North Devon Council)
Tenure: Freehold