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Property overview

This development opportunity consists of a part converted barn which has commenced construction sat in 0.1acres of land in this attractive Hamlet close to Frome Full planning has been granted for the conversion of a barn to a residential dwelling.

The property is sold as seen on the instructions of the vendors.

The Site

The building plot sits in 0.1 acres. The site is situated on Dallimore Lane, which leads up from a small lay-by separated from the A361 by a strip of grass known by some residents as ‘The Banana’ because of its shape. Dean is a hamlet of approximately 37 dwellings lying to the north of Cranmore, on the main road from Shepton Mallet to Frome (A361).

Planning

The site has outline planning permission for one dwelling. Under planning application numbers 2104/0339/FUL and 2015/1227/FUL. Both permissions were granted by Mendip District Council on 20th August 2014 and 31st July 2015..

Viewings

Viewings are strictly by appointment however the site can also be viewed from the roadside. Town & Country Planning

Mendip District Council. Ref: 2104/0339/FUL and 2015/1227/FUL

Services & Tenure

We have not undertaken any specific enquiries of the relevant service companies. It is understood that all mains services are within the vicinity. We are not aware of any diversion works required for any mains utilities. Method of Sales The land is offered for sale by Modern Method of Sale by iamsold. All information relating to the property can be located via the auction site. Important Notes Any CIL liability or S106 to be paid by the purchaser Local Authority Mendip District Council (now part of Somerset Council)

Auctioneer comments

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. 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 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Material information

The information above has been provided by the vendor and may not be accurate. Please refer to the property’s Buyer Information Pack. (You can download this on the right hand side of the page) or speak to the Auction Specialist for the most up to date information.

Council Tax Band: Band Not Applicable
Tenure: Freehold

Map view

Fees & Charges Explained

Dallimore Lane, Dean, Shepton Mallet, BA4 4SA

This property is sold subject to payment of a non-refundable reservation fee of 4.50% to a minimum of £6,600.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the Completion of the purchase within 56 days, although all reasonable endeavours must be made to Exchange Contracts within immediately following the Draft Contracts being received by the Buyer's Solicitor

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 56 day period following the auction or the date of acceptance of the offer.

Buyer Information Pack

If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £349.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Need More Information?

For further information or to speak to one of our team, please call 01438904370.

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Download the Buyer Information Pack

These Packs provide material Information to help you to make an informed decision before bidding. It may not include everything you need to know so make sure you do your own research too.

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Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

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Last updated bid: £240,000
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Place an initial bid and set a level you are willing to bid up to. Should you be outbid,  the system will automatically place further bids on your behalf in increments which can be useful if you are unable to watch the auction end. For more information download our handy Guide to Automatic Bidding

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Starting Bid

The Guide Price or Starting Bid for each property shows the level at which the bidding will start. These amounts are for guidance only and are not the price that the property is being sold for. This amount may occasionally change during the marketing period. Each Guide Price or Starting Bid has a corresponding Reserve Price. Learn more in our FAQs section.

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