Lot 3 - Farm House, Snodwell Farm, Post Lane, Cotleigh, Honiton, Devon, EX14 9HZ
- Unconditional Online Auction Sale
- Guide Price* : £19,000+
- Bedrooms: 6
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Lot 3 - House for homeowner occupation / investment
Description
ONLINE AUCTION from 2nd SEPTEMBER - 4th SEPTEMBER 2025
The Farmhouse is an incredible opportunity to purchase a one of its kind property full of character and charm set in close proximity to the local town of Honiton in Devon. It is set over three storeys meaning ample space, and also off road parking with front and rear gardens. The farmhouse is Grade II listed and boasts 6 bedrooms, fantastic views to the rear of the surrounding Devon countryside, log burner and even use of a communal outdoor swimming pool, along with it's own library. The property boasts all of its original features with exposed beams internally and exposed stonework but offers an incredible place to live in residentially or use as a second home or rent out to the local holiday market and create a fantastic income opportunity.
The property offers a great opportunity to buy, renovate and sell back on to the open market. Modernisation is required but would offer a great return with sales of large properties of this size selling locally in excess of £650,000.
Another fantastic market for this property would be to use as a bolt hole / holiday let with it being set in the heart of the Devonshire countryside. Figures from a national holiday let company for a 6 bedroom holiday let in this area that accepts dogs and has access to a pool and is open for let in summer and winter season would be looking at an approximate gross income of £77,800, if it was refurbished to a high standard. The feedback on the property was there is a shortage of 5+ bedroom properties available to holiday let market currently and there is a large proportion of stock available is 1-3 bedrooms. This meaning, a 6 bedroom property refurbished to a good standard would be in high demand.
Frequently Asked Questions
Is the guide price correct?
Yes, the guide price is £19,000+
Can I make an offer before the auction?
No, this lot cannot be sold prior and has to go to auction.
Why is the guide price so low?
The vendor is willing to accept a low reserve price, so the guide price reflects this.
What will it sell for?
We do expect bidding to exceed the reserve price, but with unique lots like this we cannot predict where the bidding will end up. The property is worth what someone is willing to pay for it. Bidders are required to do their own due diligence, including reading the legal pack (available on the agent's website) in full.
Can I view it?
Yes, viewings are available. Please book on the Paul Fosh Auctions website.
Are there any structural issues?
We are not surveyors, so we can’t comment on the condition of the property.
Virtual Tour
Tenancies
To be sold with vacant possession.
INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or email lettings@paulfoshlettings.com for invaluable advice.
Tenure
Advised Freehold - to be verified by solicitor
NOTE: A monthly payment of £45 towards upkeep of lane and communal areas.
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
TBA
Read more about how this can happen.
NB: Do not leave placing your bid to the last few seconds.It gives you no advantage, you risk your bid not being received by the server in time and you could lose the lot to another bidder.
Viewing Information
| Wed 27 Aug 11:00 - 11:30 | Log in to book |
| Fri 29 Aug 11:00 - 11:30 | Log in to book |
Booking is required.
In the event of cancellation or amendment, we may contact you with updates. If you do not register but you travel to a viewing, you do so at your own risk.
Viewing
Office Contact
Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Legal Documents
Log in to view legal documentsRelated Documents
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
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By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.