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House For Sale £349,000
Mulberry Court, Barking IG11


Description
3 Bedroom End of Terrace House, 5 Mulberry Court, Barking, IG11 9LQ

Overview
Hammer Price Homes are delighted to present for sale by online auction this 3-bedroom end of terrace house in Barking. This auction is open to mortgage buyers also.
The property briefly comprises: To the ground floor there is an entrance porch and hallway leading to a living room, dining room and kitchen. Upstairs there are 3 well sized bedrooms and a bathroom with separate W.C.

Outside there are gardens to the front and rear of the property and a driveway and garage providing ample off-street parking. Please see land registry title plan for boundary information.

The property is registered with possessory title as the deeds have been lost. Whilst we believe that the property is mortgageable with most lenders, buyers who do require finance are advised to check with their lender / broker prior to bidding that they are happy to lend on a property with possessory title. The vendors solicitor will be able to provide an indemnity policy prior to completion. Please see the other information section and special conditions for further information.

Please be advised that due to the EPC rating of F, we believe that the property will not quality for a buy to let mortgage.

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.

Location
Mulberry Court is a pleasant cul-de-sac which is in close proximity to a host of amenities including leisure and shopping facilities, several schools and is just a short stroll from Barking Hospital. The property is also very well placed for commuters with Upney Underground station located just a couple of minutes walk from here. Green open spaces can also be found close-by, with both Mayesbrook Park and Barking Bark easily accessible from here.

Other Information
Tenure – Freehold – Possessory title. The deeds have been lost so the solicitors have registered the property with possessory title. The vendors solicitor will also arrange for an indemnity policy to cover the risks associated with possessory title, prior to completion.

EPC – You will see that the EPC scored a rating of ‘F’ and therefor this property will not be suitable for a Buy to Let mortgage.

Special Conditions
There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues with financing the purchase due to the Possessory title or for a failed Buy to Let mortgage application. Prospective buyers requiring finance are advised to check that their lender is happy to finance the purchase of a property with possessory title / Buy to let mortgage prior to bidding.

Auction Details
** Open for mortgage buyers also. 90 days to complete**

Please note that there is a Reservation fee (3% Inc. VAT) payable by the buyer on winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer's fee and is to be paid over & above the sale price paid to the Vendor.

Auction ends – Thursday 27th October 2022 at 1pm (Subject to anti-sniping)

Bidding Window Opens – Tuesday 25th October 2022 at 10am (Bidding will not be possible until this time)

Starting price - £349,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Viewings
To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must to stick to their time precisely.

Property Details
Approx. Gross internal floor area – 1,186 sq ft 110.27 sqm (Includes Garage)

Ground Floor
Comprises of an entrance porch and hallway leading to these rooms:
Living Room - 14'1 x 11'10 (4.28m x 3.61m)
Dining Room - 12'11 x 12'6 (3.94m x 3.80m)
Kitchen – 9'5 x 8'1 (2.87m x 2.46m)
Garage - 15'10 x 8'1 (4.83m x 2.46m)

First Floor
Comprises of a landing leading to these rooms:
Bedroom 1 - 11'11 x 11'5 (3.64m x 3.48m)
Bedroom 2 – 13'0 x 12'0 (3.96m x 3.66m)
Bedroom 3 – 9'3 x 9'1 (2.83m x 2.76m)
Bathroom – 8'10 x 6'2 (2.70m x 1.89m)
W.C. – Measurements not taken

Parking
Driveway and Garage

How to make an offer
Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.
Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and faq’s on the site for more details.

This is a probate property and is sold as seen. The Administrator / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions.

Follow the link for more information:
        
zoopla.co.uk

  
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