Twice as nice in Ivybridge

JamesT
Authored by JamesT
Posted: Friday, May 27, 2016 - 17:02

An investment opportunity comprising two cottages and more in a popular village on the edge of Dartmoor is going under the auctioneer’s gavel.

Semi-detached 1 and 2 Long Cottages, and two-storey detached Lutton Chapel Cottage in Ivybridge are among the West Country lots listed for sale by the regional land and property auctioneers Clive Emson in June.

Located in the Lutton area of the village, they have a freehold guide price of £185,000 to £200,000.

Scott Gray, Auctioneer, said: “This is an outstanding opportunity to acquire several properties on a good sized plot in a sought-after village.

“Some may consider modernisation and sale, while there is also the potential for the construction of a further dwelling on the site as well as the conversion of the two-storey property subject to the necessary consents.”

The site also includes two workshops, three gardeners’ WCs and a greenhouse.

Also available is a ground floor, two-bedroom flat at 1a St Leonards Road in Plymouth, with a leasehold guide of £65,000 to £75,000.

An end-of-terrace property, it has the remainder of a 120-year lease from 1987 at a current ground rental of £40 per annum for the first 40 years.

A mid-terrace, two-bedroom house for refurbishment at 24 Fleet Street, Keyham, has a freehold guide of £75,000 to £85,000.

Also available is a ground-floor, two-bedroom flat plus the freehold of the entire building at 29 and 31 Downside Avenue, Plymouth. It is going under the gavel with a guide of £75,000 to £85,000. It is being jointly offered with Miller Countrywide.

In South Brent, a period property with four bedrooms is going under the hammer with a freehold guide of £455,000 to £475,000.

Located at 1 Springfield Terrace in Springfield Road, the end-terrace has a detached walled garden plot and garage.

Scott said: “This is an exciting opportunity to acquire a period property in a tucked away location in a favoured village on the edge of Dartmoor National Park.

“It would make a lovely family home after improvement, while others may envisage extension upwards or alternative use of the walled garden and garage subject to the necessary consents.”

Clive Emson Auctioneers holds eight rounds of auctions at five locations from Essex to Cornwall on consecutive days every six weeks, this time with a total of 145 lots.

The independent, family-run firm has had an excellent year so far, selling properties to the value of £65 million at a success rate of 85%, well above the national average.

Starting at 11am, the fourth of Clive Emson’s eight regional West Country auctions in 2016 takes place at the St Mellion International Resort, St Mellion, Cornwall, on Friday June 17.

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