Full Description
This property is for sale by conditional online auction, powered by Bamboo Auctions. A charming character cottage set in a beautiful location, close to woodlands with views towards St Michael's Mount. The property is positioned within 10 acres of fields and woodland running down to a stream through the valley. The gardens have been designed & maintained by a professional landscape gardener. There is a pavilion and detached garage & parking. Three bedrooms, living area, kitchen, study, two bathrooms and dressing room.Council tax band - E. EPC rating - E.
Important Information
Online Auction End Date: Friday 16th June 2023 at 10am.FreeholdLocal Authority - Cornwall CouncilCouncil Tax Band - EEPC rating - EMains water and electric.Septic tank drainage.Grade 2 Listed
Online Auction
Online Auction End Date: Friday 16th June 2023 at 10am. This property is for sale by conditional online auction, powered by Bamboo Auctions. This property is being sold by conditional online auction and a non-refundable reservation fee of £5000 or 3.5% + VAT applies, whichever is the greater (in addition to the purchase price). If you are the successful bidder, you will be charged the amount of £5,000 + VAT (£6,000) or 3.5% +VAT, whichever is the greater, which will be processed online, immediately at the end of the auction, only if you are the successful bidder. You will then have 20 working days within which to exchange contracts, and a further 28 days to complete the purchase. Terms and conditions apply to the modern auction method of sale, which is operated by Bradleys Property Auctions. These details are subject to change up to and including the day of the auction. Please check our website regularly at: and look out for any additional materials available on the day of the auction, in order to stay fully informed with the up to date information.Definition Of A Guide Price And A Reserve PriceGuide PriceAn indication of the seller's current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.Reserve PriceThe seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. Bids may be accepted by the system but the property will not sell if the bidding does not reach the reserve. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
Holiday Let Projection
INCOME PROJECTION*Luxury Coastal forecast that Guval Cottage, Guval will achieve gross revenue in the range of:Lower expectation £42,250Upper expectation £45.150This is based on the expectation of selling 35 weeksPrices charged will range from:Lowest priced week £625Highest priced week £2250Average rates per season are as follows:Low Season £625Mid Season £1100High Season £1850Peak Season £225
Directions
As you leave Penzance and before the first roundabout, turn left onto the B3311 into Gulval. Continue along this road which starts to head uphill. Take a turning on the left signposted Polkinghorne and continue uphill for approximately a mile. As the road levels out turn left and follow the lane down to the hamlet of Polkinghorne and you will see the property on the left.
