House For Sale £46,000
For sale by conditional auction
in partnership with sdl Auctions
Full terms and conditions are available on the sdl Auctions website.
A two bedroom property that requires some updating and modernisation but does have the benefit of gas central heating and recently installed upvc double glazing. The property comprises of a spacious lounge, dining kitchen, 2 bedrooms and bathroom and an additional original loft room providing scope to create an extra bedroom. No onward chain!
Auction Method:
The auction for this property will be conducted online through our online-bidding platform. This is a “Timed Auction”, so there are no other lots being sold alongside this property.
The timeslot for the auction is displayed on sdl Auctions’ website. To view this, search for the property via their website, then click onto the property to view the property details. The time remaining to bid, and end date of the auction, is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to sdl Auctions’ Buyers Terms (England & Wales) which are available to read on sdl Auctions’ website.
Auction type- Conditional with Reservation Fee
If you are the highest bidder when the auction for the property comes to an end, you will enter into a reservation agreement with the seller. You must then pay the applicable reservation fee. You will then have 40 business days within which to exchange contracts and complete the sale, unless the Special Conditions of Sale contained within the Legal Pack specify a different time limit. If you fail to do so, you may lose your reservation fee. During the 40-business day reservation period, the seller is not able to accept other offers.
Auction Fees
The following non-refundable fees apply:
• Reservation Fee- payable immediately when the auction ends. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Reservation Fee is subject always to a minimum of £6,000 (including VAT). The Reservation Fee does not contribute to the purchase price.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the seller’s discretion, not on the instruction of sdl Auctions, and will be in addition to any fees payable to us. Sdl Auctions has limited control over the content of the Special Conditions of Sale.
Deposit
This property is listed under the Conditional with Reservation Fee sale method, therefore the deposit will be payable on exchange of contracts and executed via the solicitors. The amount to be paid will be listed in the Special Conditions of Sale.
Payment Method:
When you register to bid, you will be prompted to provide your payment details to sdl Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Reservation Fee. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:
• Reservation fee of £7,200 – calculated as 4.8% of guide price- this will be charged immediately after the auction if you are the winning bidder.
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:
• £960 for Reservation Fee shortfall (£8160 due as 4.8% of actual purchase price)
Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on sdl Auctions’ website, and click onto the property to view the property details. There will be a sub-heading “Legal Documents”. Underneath this, you will be prompted to “Log in to view the legal documents”. Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of sdl Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
Registration Process:
To register to bid on the property, search for the lot on sdl Auctions’ website. Click onto the property, follow the link to “Log in/register to bid”, and you will then be directed to create an account with the online-bidding platform provider, eig.
Located within the heart of Padiham with a variety of local shops and Tesco Supermarket along with easy access to the M65 motorway network. There is a range of local schools within walking distance.<br /><br />
Entrance (0m x 0m)
Via upvc double glazed door to
Hallway (0m x 0m)
Radiator.
Cloakroom (0m x 0m)
Low level wc, wash hand basin with tiled splash back, upvc frosted double glazed window to front, radiator.
Living Room (4.83m x 3.38m)
Upvc double glazed window to front, radiator, coved ceiling door to
Kitchen/Diner (4.42m x 3.99m)
A range of fitted wall and base units, worktops, tiled splash backs, space for electric cooker, extractor hood, one and a half bowl sink unit with mixer tap, plumbing for washing machine, space for tumble dryer, radiator, extractor fan, GCH combi boiler, under stairs storage cupboard, double glazed window to rear and upvc double glazed door leading to
Conservatory (3.96m x 2.44m)
Upvc double glazed windows and French doors to garden, laminated wood flooring.
Landing (0m x 0m)
Access to loft, upvc double glazed window to side, large built in storage cupboard with shelving.
Bedroom 1 (4.34m x 2.36m)
Upvc double glazed window to front, radiator.
Bedroom 2 (4.95m x 2.36m)
Upvc double glazed window to rear, radiator.
Bedroom 3 (3.15m x 1.78m)
Upvc double glazed window to front, radiator, laminated wood flooring.
Bathroom/wc (0m x 0m)
White 3 piece suite comprising of panel bath with mixer tap and shower attachment with rainfall shower over with tiled surround and glass screen, pedestal wash basin, low level wc, radiator, extractor fan, upvc frosted double glazed window to rear.
Rear Garden (0m x 0m)
A fully enclosed generous sized private rear garden with paved patio with retaining wall surround, lawn, flower and shrub borders, fence surround, gated side access, water tap.
Private Driveway (0m x 0m)
A private driveway to the side of the property with parking for 2 cars, there is also an additional piece of land to the right hand side which could be utilised further for additional parking if required.
in partnership with sdl Auctions
Full terms and conditions are available on the sdl Auctions website.
A two bedroom property that requires some updating and modernisation but does have the benefit of gas central heating and recently installed upvc double glazing. The property comprises of a spacious lounge, dining kitchen, 2 bedrooms and bathroom and an additional original loft room providing scope to create an extra bedroom. No onward chain!
Auction Method:
The auction for this property will be conducted online through our online-bidding platform. This is a “Timed Auction”, so there are no other lots being sold alongside this property.
The timeslot for the auction is displayed on sdl Auctions’ website. To view this, search for the property via their website, then click onto the property to view the property details. The time remaining to bid, and end date of the auction, is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to sdl Auctions’ Buyers Terms (England & Wales) which are available to read on sdl Auctions’ website.
Auction type- Conditional with Reservation Fee
If you are the highest bidder when the auction for the property comes to an end, you will enter into a reservation agreement with the seller. You must then pay the applicable reservation fee. You will then have 40 business days within which to exchange contracts and complete the sale, unless the Special Conditions of Sale contained within the Legal Pack specify a different time limit. If you fail to do so, you may lose your reservation fee. During the 40-business day reservation period, the seller is not able to accept other offers.
Auction Fees
The following non-refundable fees apply:
• Reservation Fee- payable immediately when the auction ends. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Reservation Fee is subject always to a minimum of £6,000 (including VAT). The Reservation Fee does not contribute to the purchase price.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the seller’s discretion, not on the instruction of sdl Auctions, and will be in addition to any fees payable to us. Sdl Auctions has limited control over the content of the Special Conditions of Sale.
Deposit
This property is listed under the Conditional with Reservation Fee sale method, therefore the deposit will be payable on exchange of contracts and executed via the solicitors. The amount to be paid will be listed in the Special Conditions of Sale.
Payment Method:
When you register to bid, you will be prompted to provide your payment details to sdl Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Reservation Fee. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:
• Reservation fee of £7,200 – calculated as 4.8% of guide price- this will be charged immediately after the auction if you are the winning bidder.
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:
• £960 for Reservation Fee shortfall (£8160 due as 4.8% of actual purchase price)
Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on sdl Auctions’ website, and click onto the property to view the property details. There will be a sub-heading “Legal Documents”. Underneath this, you will be prompted to “Log in to view the legal documents”. Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of sdl Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
Registration Process:
To register to bid on the property, search for the lot on sdl Auctions’ website. Click onto the property, follow the link to “Log in/register to bid”, and you will then be directed to create an account with the online-bidding platform provider, eig.
Located within the heart of Padiham with a variety of local shops and Tesco Supermarket along with easy access to the M65 motorway network. There is a range of local schools within walking distance.<br /><br />
Entrance (0m x 0m)
Via upvc double glazed door to
Hallway (0m x 0m)
Radiator.
Cloakroom (0m x 0m)
Low level wc, wash hand basin with tiled splash back, upvc frosted double glazed window to front, radiator.
Living Room (4.83m x 3.38m)
Upvc double glazed window to front, radiator, coved ceiling door to
Kitchen/Diner (4.42m x 3.99m)
A range of fitted wall and base units, worktops, tiled splash backs, space for electric cooker, extractor hood, one and a half bowl sink unit with mixer tap, plumbing for washing machine, space for tumble dryer, radiator, extractor fan, GCH combi boiler, under stairs storage cupboard, double glazed window to rear and upvc double glazed door leading to
Conservatory (3.96m x 2.44m)
Upvc double glazed windows and French doors to garden, laminated wood flooring.
Landing (0m x 0m)
Access to loft, upvc double glazed window to side, large built in storage cupboard with shelving.
Bedroom 1 (4.34m x 2.36m)
Upvc double glazed window to front, radiator.
Bedroom 2 (4.95m x 2.36m)
Upvc double glazed window to rear, radiator.
Bedroom 3 (3.15m x 1.78m)
Upvc double glazed window to front, radiator, laminated wood flooring.
Bathroom/wc (0m x 0m)
White 3 piece suite comprising of panel bath with mixer tap and shower attachment with rainfall shower over with tiled surround and glass screen, pedestal wash basin, low level wc, radiator, extractor fan, upvc frosted double glazed window to rear.
Rear Garden (0m x 0m)
A fully enclosed generous sized private rear garden with paved patio with retaining wall surround, lawn, flower and shrub borders, fence surround, gated side access, water tap.
Private Driveway (0m x 0m)
A private driveway to the side of the property with parking for 2 cars, there is also an additional piece of land to the right hand side which could be utilised further for additional parking if required.
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