House For Sale £225,000
* for sale by auction " * cash buyers only as this property is not mortgageable *
Detached character cottage which was initially two cottages, now converted into one. In need of complete renovation. Situated in a very private location in Cofton Hackett.
Large rear garden in woodland (0.26 approximately) backing onto Cofton Park.
Auctioneers Comments:
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the iamsold will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.
Cofton Hackett lies about ten miles to the south-west of Birmingham City Centre and the property is about two miles from Barnt Green with its village shopping centre and train services to Birmingham and approximately 5 miles from Bromsgrove town centre. The property also offers easy access to Junction 1 on the M42 motorway and Junction 4 of the M5. Cofton Hackett boasts a stunning park which spans over 135 acres, adjoining Lickey Hills Country Park offering woodland walks, open fields and children's play parks. In addition approximately two miles away, Longbridge Village, has recently undergone major regeneration and offers an impressive retail park which offers shops such as Marks and Spencers, Smyths, Boots, Sainsburys, Holland and Barrett.
The stunning Lickey Hills are just a short distance away offering wonderful walks that enjoy panoramic views over the surrounding countryside. Good commuter access to the M5 and M42 motorways and A38. There are train stations in Barnt Green and Alvechurch with regular services to Birmingham and Redditch, and there is also a bus service running through this well connected Village.<br /><br />
Detached character cottage which was initially two cottages, now converted into one. In need of complete renovation. Situated in a very private location in Cofton Hackett.
Large rear garden in woodland (0.26 approximately) backing onto Cofton Park.
Auctioneers Comments:
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the iamsold will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.
Cofton Hackett lies about ten miles to the south-west of Birmingham City Centre and the property is about two miles from Barnt Green with its village shopping centre and train services to Birmingham and approximately 5 miles from Bromsgrove town centre. The property also offers easy access to Junction 1 on the M42 motorway and Junction 4 of the M5. Cofton Hackett boasts a stunning park which spans over 135 acres, adjoining Lickey Hills Country Park offering woodland walks, open fields and children's play parks. In addition approximately two miles away, Longbridge Village, has recently undergone major regeneration and offers an impressive retail park which offers shops such as Marks and Spencers, Smyths, Boots, Sainsburys, Holland and Barrett.
The stunning Lickey Hills are just a short distance away offering wonderful walks that enjoy panoramic views over the surrounding countryside. Good commuter access to the M5 and M42 motorways and A38. There are train stations in Barnt Green and Alvechurch with regular services to Birmingham and Redditch, and there is also a bus service running through this well connected Village.<br /><br />
