House For Sale £325,000
* For sale by online auction * Pre-Auction offers considered *
Offered for sale by Online Auction: Mitchell & Partners bring to the market this three-bedroom family home in need of full refurbishment and modernisation. The house has been in the same family for over 40 years and will be sold by online auction with no onward chain.
Accommodation comprises a sitting room at the front, a large kitchen dining room to the rear (overlooking the rear garden) and a further reception room to the rear. Ground floor accommodation is completed by a w/c. To the first floor are three bedrooms, the master and second bedroom are comfortably large enough accommodate a double bed and the third bedroom is a good sized single and benefits from built-in storage. Accommodation is completed by a three-piece bathroom suite comprising a deep panel enclosed bath, hand wash basin and w/c.
Outside the property has a driveway to the front which leads to the integral garage and a lawned garden. To the rear is an enclosed patio garden. Further benefits include double glazing.
The property needs full refurbishment and offers a tremendous opportunity for its new owner to improve the property and even extended subject to planning consent.
Auction Process Important Notes.
This property is for sale via online auction. This is a modern twist on the traditional auction room sale, where buyers can bid for the property via an online platform. The auction will run for 3 hours on a set date and time chosen by the vendor of the property. The winning bidder, assuming the reserve is met, is legally bound to exchange on the property and pay a 10% deposit similar to a traditional auction house sale, and they will have 28 days to complete. Please check the legal paperwork to confirm deposit amount. Upon completion of a successful auction, the winning bidder will be required to pay a non-refundable reservation fee of 3% inclusive of VAT of the winning bid in addition to the purchase price, subject to a minimum fee of £4,800 inclusive of VAT. The auction is powered and carried out by Whoobid and is subject to terms & conditions which will form part of the auction pack. This will be available to download for free once produced by the vendors legal representatives. We strongly recommend that you review the legal documents prior to bidding and seek legal advice. PLEASE REMEMBER THAT THE RESERVATION FEES ARE PAYABLE IN ADDITION TO THE SALE PRICE. Fees paid to the auctioneer may be considered as part of the chargeable consideration and may attract stamp duty liability. Bidders will be required to register in order to download the 'legal pack'. If you choose to bid on the property, you will be required to complete further identity checks for anti-money laundering purposes and provide card details before you are able to place a bid. Properties may be sold prior to public auction if an offer is accepted by the vendors.
*Guide price - This is an indication of the seller's minimum expectations at auction and is not necessarily the figure the property will achieve but acts as a guide, prices are subject to change prior to the auction.
*Reserve price - Most auctions will be subject to a reserve price, if this figure is not achieved during the auction, then the property will not be sold. In normal circumstances the reserve price should be no more than 10% above the guide price.
