Bradleys
27A Market Place
Penzance
Cornwall
TR18 2JD
CHAIN FREE! To be sold via Bradleys Online Auctions, powered by Bamboo Auctions. A cute, three bedroom cottage, with parking and small garden situated within the catchment area of St Hilary School. A full renovation is required. SOLD AS SEEN. Auction End Date Friday 12th June 2026.
Material Information
An open home event will take place every Saturday between 3:00pm and 4:00pm, by appointment only, starting on 30th May.
Tenure - Freehold. |
Local Authority - Cornwall Council. |
Council Tax Band - C. |
Mains Electricity, Water & Drainage via septic tank & soakaway. |
Cornwall is situated within an historic mining area therefore a mining search is advisable on all homes. |
Online Auction Details
AUCTION END DATE - FRIDAY 12TH JUNE 2026:
This home will be offered for sale by Online Traditional Auction (unless sold prior) The vendor reserves the right to withdraw or alter the property for sale prior to the auction end date.
The successful purchaser(s) will be liable to pay the sum of 4.2% incl VAT, subject to a minimum of 6k + VAT and legal costs of £1,585 + VAT immediately after the auction.
Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
LEGAL PACK
Copies of the legal pack are available online to be downloaded, via the tab on the online auction property listing page. Prospective purchasers will need to register with the Bradleys online platform in order to download the legal pack. It is the purchaser’s responsibility to make all necessary enquiries prior to the auction. Prospective purchasers are strongly advised to inspect the legal documentation, this will/may contain material information regarding the property, and to consult legal advice prior to bidding.
Definition Of A Guide Price And A Reserve Price
Guide Price
An 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 Price
The 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.
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