Land at Magpie
Magpie, Yelverton, Devon, PL20 7RZ
Guide Price
£60,000
Residential Tags: N/A
Property Tags: Equestrian, Sale By Auction
Land Tags: Grazing Rights, Overage / Clawback, Pasture Land
Summary Details
- First Marketed: Sep 2022
- Removed: Dec 2022
- Residential Tags: N/A
- Property Tags: Equestrian, Sale By Auction
- Land Tags: Grazing Rights, Overage / Clawback, Pasture Land
About 11.49 acres of North-east-facing land with attractive valley views.
Method Of Sale - The property will be offered for sale by Online Auction (unless sold prior). The auction end date is 4.30pm on Thursday 29th September 2022. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. the property can be accessed via our website - Online Property & Land Auctions.
Situation - The land is situated to the West of Horrabridge village and extends South from the A386.
Horrabridge is a small settlement within the Tamar Valley Area of Outstanding Natural Beauty, between Tavistock, North, and Yelverton, South.
The surrounding area is popular and villages and nearby towns boast good local amenities and services.
Introduction: Auction Guide £60,000 - £70,000 - The property extends to about 11.49 acres of sloping pasture with a North-eastern relief.
The land is separated into two fields which are surrounded by hedges and fencing.
Some of the ground has been disturbed by historic mining activities which has resulted in interesting level and mounded features.
There is a former brick build BT exchange on the land which is situated against the roadside boundary.
The land benefits from pretty views to the West and East along the valley.
Services - Water - A natural supply from the moor.
Access - Direct access from the public highway and a established right of way from the public car park at Magpie leading up to the old railway line, with gateways into the land. The approx. route is shown on the plan as a brown dotted line, Further details in the legal pack.
Tenure And Possession - Freehold with vacant possession on completion.
Please note, the section in green is contained within the land for sale but currently pending first registration by the buyer. Further details in the legal pack.
Local Authority - West Devon District Council (Borough Council)
Sporting And Mineral Rights - The sporting and mineral rights insofar as they are owned are included with the freehold.
Wayleaves & Rights Of Way - The property is sold subject to and with the benefit of any wayleave agreement and any public or private rights of way that may affect it.
Plans & Boundary Fences - A plan which is not to scale, is included with these sale particulars for identification purposes only. The vendor shall not be called upon to define the ownership of boundary fences.
Uplift Clause - Should the land gain consent for any use other than agricultural or equestrian within 25 years, there will be a 25% claw back of the uplift in value to the vendors.
Grazing Rights - The land has rights to graze 8 cattle or 8 ponies or 39 sheep (8 livestock units) over Roborough Down (CL93).
Designations - The property is located within Tamar Valley Area of Outstanding Natural Beauty
Completion Date - The completion date will be dictated by the solicitor.
Definition Of Auction Guide And Reserve - Guide price(s) are an indication of the seller’s expectation.
Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction
We expect the reserve will be set within the guide range.
Guide prices may change at any time prior to the auction.
Buyers & Administration Fee - Traditional Online - The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a 'buyers fee' of £2,400 (inc VAT) is retained by Stags/Bamboo Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
An additional 'administration' fee of £1,200 including VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.
Proof Of Identity - Under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction. There will be a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for administration.
Auction Legal Pack - This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc., and is available to download free of charge to those who have registered, from our auction partners website ( is the purchasers responsibility to make all necessary enquiries prior to the auction. Further information about buyer's fees are available on Stags website.
Vendors Solicitor - Ms Pippa Tanner-Wood
Wolferstans
60/66, North Hill
Plymouth, Devon PL4 8EP
E: PTanner-
LL:
Viewing - Strictly by appointment only. Please contact Stags Farm Agency on .
Warning - Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock.
Directions - From Horrabridge and with Manor Garage on your right, continue along the road for about 0.5 of a mile. The property is located on the left hand side but parking should be used in Drake’s Trail car park which is a little further along the road on the left hand side before the bridge.
Marketed by: Stags Farm Agency, Exeter
Method Of Sale - The property will be offered for sale by Online Auction (unless sold prior). The auction end date is 4.30pm on Thursday 29th September 2022. The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date. the property can be accessed via our website - Online Property & Land Auctions.
Situation - The land is situated to the West of Horrabridge village and extends South from the A386.
Horrabridge is a small settlement within the Tamar Valley Area of Outstanding Natural Beauty, between Tavistock, North, and Yelverton, South.
The surrounding area is popular and villages and nearby towns boast good local amenities and services.
Introduction: Auction Guide £60,000 - £70,000 - The property extends to about 11.49 acres of sloping pasture with a North-eastern relief.
The land is separated into two fields which are surrounded by hedges and fencing.
Some of the ground has been disturbed by historic mining activities which has resulted in interesting level and mounded features.
There is a former brick build BT exchange on the land which is situated against the roadside boundary.
The land benefits from pretty views to the West and East along the valley.
Services - Water - A natural supply from the moor.
Access - Direct access from the public highway and a established right of way from the public car park at Magpie leading up to the old railway line, with gateways into the land. The approx. route is shown on the plan as a brown dotted line, Further details in the legal pack.
Tenure And Possession - Freehold with vacant possession on completion.
Please note, the section in green is contained within the land for sale but currently pending first registration by the buyer. Further details in the legal pack.
Local Authority - West Devon District Council (Borough Council)
Sporting And Mineral Rights - The sporting and mineral rights insofar as they are owned are included with the freehold.
Wayleaves & Rights Of Way - The property is sold subject to and with the benefit of any wayleave agreement and any public or private rights of way that may affect it.
Plans & Boundary Fences - A plan which is not to scale, is included with these sale particulars for identification purposes only. The vendor shall not be called upon to define the ownership of boundary fences.
Uplift Clause - Should the land gain consent for any use other than agricultural or equestrian within 25 years, there will be a 25% claw back of the uplift in value to the vendors.
Grazing Rights - The land has rights to graze 8 cattle or 8 ponies or 39 sheep (8 livestock units) over Roborough Down (CL93).
Designations - The property is located within Tamar Valley Area of Outstanding Natural Beauty
Completion Date - The completion date will be dictated by the solicitor.
Definition Of Auction Guide And Reserve - Guide price(s) are an indication of the seller’s expectation.
Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction
We expect the reserve will be set within the guide range.
Guide prices may change at any time prior to the auction.
Buyers & Administration Fee - Traditional Online - The successful purchaser(s) will be liable to pay the sum of £5,000 inc VAT. From this a 'buyers fee' of £2,400 (inc VAT) is retained by Stags/Bamboo Auctions as a contribution towards the online platform costs, and £2,600 is payable towards the purchase price.
An additional 'administration' fee of £1,200 including VAT will be payable by the successful purchaser immediately after the auction. This will be separately invoiced by Stags.
Proof Of Identity - Under Money Laundering Regulations 2017 it is a requirement for Estate Agents to perform due diligence checks on any person that intends to bid at auction. There will be a requirement for all bidders to register via the online sales site and complete the ID checks. There is no charge for administration.
Auction Legal Pack - This includes the searches, draft contract, deeds/epitome of title, special conditions of sale etc., and is available to download free of charge to those who have registered, from our auction partners website ( is the purchasers responsibility to make all necessary enquiries prior to the auction. Further information about buyer's fees are available on Stags website.
Vendors Solicitor - Ms Pippa Tanner-Wood
Wolferstans
60/66, North Hill
Plymouth, Devon PL4 8EP
E: PTanner-
LL:
Viewing - Strictly by appointment only. Please contact Stags Farm Agency on .
Warning - Farms and land can be dangerous places. Please take care when viewing the property, particularly in the vicinity of farm buildings and livestock.
Directions - From Horrabridge and with Manor Garage on your right, continue along the road for about 0.5 of a mile. The property is located on the left hand side but parking should be used in Drake’s Trail car park which is a little further along the road on the left hand side before the bridge.
Marketed by: Stags Farm Agency, Exeter
Land Registry Data
- No historical data found.