House For Sale £55,000
FOR SALE BY ONLINE AUCTION
GUIDE PRICE: £55,000
(£10,000 Bidder Security required on this Lot)
BIDDING OPENS: 12PM - Tuesday 23rd April, 2024
BIDDING ENDS: 12PM - Wednesday 24th April, 2024
(*Please ensure you create your auction account by 5pm on Tuesday 23rd April, 2024 with 2 forms of valid ID - if you intend to bid on the property. Any registrations after this time, may not be authorised for bidding).
*ALL PROSPECTIVE BIDDERS ARE REMINDED TO READ THROUGH THE T&C'S PRIOR TO BIDDING*
In need of modernisation and improvement, with potential to reconfigure is this 2 bedroom back to back property located in the popular area of Thornton Lodge. The property occupies an amenable position for access to Huddersfield town centre and transportation links to nearby cities and towns. Being offered with immediate vacant possession and no upper vendor chain, this property will be mostly suited to a first time buyer or buy-to-let investor. Property briefly comprises of; Entrance hall, open plan living/kitchen/diner, utility room, bathroom, two store rooms and two bedrooms.
Energy Rating: E
Ground Floor - Access via a uPVC door into the entrance hall.
Entrance - With a central heating radiator and stairs leading up to the first floor landing.
Lounge/Dining Room - 3.61m x 4.55m (11'10 x 14'11) - The focal point of the room is the coal effect gas fireplace with decorative mantel and surround. There are two central heating radiators, obscure uPVC double glazed window to the front elevation and being open plan to the kitchen.
Kitchen - 2.08m x 1.24m (6'10 x 4'1) - Having wall and base units, stainless steel sink and drainer with tiling to the splashbacks, obscure window on the inner wall and to the side elevation and having a door leading to the basement.
Lower Ground Floor -
Store/Utility Room - Having an obscure window to the front elevation and access to the house bathroom and two store rooms. The boiler is found here.
Bathroom - A 3 piece suite comprising of a low flush WC, pedestal wash hand basin and panelled bath with showerhead attachment. There is tiling to the floor and walls, a central heating radiator and window to the front elevation.
Store Room - With shelving
Understairs Store Room -
First Floor -
Landing - With access to two bedrooms.
Bedroom 1 - 4.62m x 3.35m max (15'2 x 11'0" max) - Having inbuilt glass fronted wardrobes with hanging and shelving space, a central heating radiator and a uPVC double glazed window to the front elevation.
Bedroom 2 - 2.41m x 2.29m (7'11" x 7'6") - Having a central heating radiator and a uPVC double glazed window to the front elevation.
Outside - Access is given to the property through the ginnel where there is a flagged patio area with wall boundaries.
Boundaries & Ownership - The auction legal pack contains title extracts relating to the auction property. Bramleys have not checked the title deeds for any discrepancies or rights of way. All prospective bidders should review the documents located within the auction legal pack and make their own enquiries before placing a bid on the auction property.
Directions: - Leave Huddersfield via Manchester road (A62) passing Wickes on the left hand side, before taking a left turn onto Thornton Lodge Road. Take the second right onto Crosland Road. The property can be found on the right hand side of the road clearly identified by our for sale board.
Tenure: - Freehold
Council Tax Band: - A
Online Auctions Buying Guide: - Please use the following link to view Bramleys online auctions buying guide which gives full details on the buying process:-
Finance - Bramleys DO NOT recommend purchasing a property with a mortgage due to the strict deadline of 20 working days to complete the purchase. If you successfully bid on the property and are unable to complete the purchase due to lack of funds, then this will result in breach of contract and financial penalties (as shown below).
Bramleys require proof of funding within 24 hours of the auction ending, to show that you are financially qualified to purchase the property that you have successfully bid on.
Contract: - The auction legal pack is available to view online, please access the auction portal through the auction lot on our website. If you have not registered with us before, then you will need to create a new account.
We advise all prospective bidders to pay close attention to all the documents within the legal pack.
The auction contract will need to be signed by the successful bidder within 24 hours of the auction ending.
Legally Binding Bid: - Any bids received through the online auction platform are legally binding and therefore cannot be withdrawn during the auction process.
If you are unsure for any reason prior to bidding at auction, you should either instruct a solicitor to look over the legal pack or alternatively direct your enquiry to the sellers solicitor.
Failure to complete on a purchase will result in financial penalties due to breach of contract.
Please ensure the name of the purchaser/company is correct on your registered auction account and the ID provided also links with this information.
As all details provided at the end of the auction will be added to the contract and sent to both sets of solicitors.
Persons bidding by proxy, must still provide ID for themselves and the person/company buying the auction lot.
Failure to provide the correct buyers information, can cause the auction contract to be invalid, meaning a potential loss of the deposit and further legal charges.
Bidder Security / Deposit: - For this Lot, a Bidder Security of £10,000 will be held by Bramleys until the end of the auction sale.
The successful bidder will be automatically charged the £10,000 at the end of the auction and this will used as the deposit (please ensure your account is authorised to spend this amount in one transaction through your bank/building society), however if the price goes above £100,000 then Bramleys will require an additional amount from the successful bidder to provide a full 10% deposit to the sellers solicitors.
Failure to pay the remaining balance within 24 hours of the auction finishing, will incur financial penalties (interest rate shown on auction contract), interest will be added to the remaining deposit balance until the full 10% has been paid.
The interest will be passed to the seller or persons entitled to it under the sales conditions.
Please note, unsuccessful bidders will have their £10,000 returned within 5 working days.
Buyers Premium/Administration Fee: - The successful purchaser will be required to pay an auctioneers administration charge of £1,500 inc VAT for each lot purchased whether the lot is purchased at the auction, prior to or after the auction.
An invoice for the above amount will be sent to the successful bidder after the auction has ended. This payment is required to be paid within 24 hours of the auction ending.
This payment goes direct to Bramleys LLP and is non-refundable.
Extra Charges: - As per the auction contract, it states:-
"G28.1 On completion the BUYER shall reimburse the SELLER the costs incurred by the SELLER in obtaining the searches for the Legal Pack in the sum of £293.04 inc VAT on completion. G28.2 On completion the BUYER shall reimburse the SELLER'S legal costs in providing the Auction Pack
in the sum of £650 + VAT on completion."
Financial Penalties: - Failure to complete a purchase on an auction property bought through Bramleys will result in breach of contract and will incur the following financial penalties:-
1) Loss of 10% deposit.
2) Loss of buyers premium.
3) Any and all costs for the Agents to re-list the property
4) The buyer will pay the difference in value, on resale of the property.
Failure to complete, will result in Bramleys and / or the sellers solicitors taking legal action to recover the amounts mentioned above due to breach of contract.
Vendors Solicitors: - FAO: Suzy Overton
Schofield Sweeney
30 Market Street
Huddersfield
HD1 2HG
*
Buyers must provide details of their chosen solicitor, so that in the event of winning a Lot Bramleys can initiate the necessary legal proceedings between both sets of solicitors.
GUIDE PRICE: £55,000
(£10,000 Bidder Security required on this Lot)
BIDDING OPENS: 12PM - Tuesday 23rd April, 2024
BIDDING ENDS: 12PM - Wednesday 24th April, 2024
(*Please ensure you create your auction account by 5pm on Tuesday 23rd April, 2024 with 2 forms of valid ID - if you intend to bid on the property. Any registrations after this time, may not be authorised for bidding).
*ALL PROSPECTIVE BIDDERS ARE REMINDED TO READ THROUGH THE T&C'S PRIOR TO BIDDING*
In need of modernisation and improvement, with potential to reconfigure is this 2 bedroom back to back property located in the popular area of Thornton Lodge. The property occupies an amenable position for access to Huddersfield town centre and transportation links to nearby cities and towns. Being offered with immediate vacant possession and no upper vendor chain, this property will be mostly suited to a first time buyer or buy-to-let investor. Property briefly comprises of; Entrance hall, open plan living/kitchen/diner, utility room, bathroom, two store rooms and two bedrooms.
Energy Rating: E
Ground Floor - Access via a uPVC door into the entrance hall.
Entrance - With a central heating radiator and stairs leading up to the first floor landing.
Lounge/Dining Room - 3.61m x 4.55m (11'10 x 14'11) - The focal point of the room is the coal effect gas fireplace with decorative mantel and surround. There are two central heating radiators, obscure uPVC double glazed window to the front elevation and being open plan to the kitchen.
Kitchen - 2.08m x 1.24m (6'10 x 4'1) - Having wall and base units, stainless steel sink and drainer with tiling to the splashbacks, obscure window on the inner wall and to the side elevation and having a door leading to the basement.
Lower Ground Floor -
Store/Utility Room - Having an obscure window to the front elevation and access to the house bathroom and two store rooms. The boiler is found here.
Bathroom - A 3 piece suite comprising of a low flush WC, pedestal wash hand basin and panelled bath with showerhead attachment. There is tiling to the floor and walls, a central heating radiator and window to the front elevation.
Store Room - With shelving
Understairs Store Room -
First Floor -
Landing - With access to two bedrooms.
Bedroom 1 - 4.62m x 3.35m max (15'2 x 11'0" max) - Having inbuilt glass fronted wardrobes with hanging and shelving space, a central heating radiator and a uPVC double glazed window to the front elevation.
Bedroom 2 - 2.41m x 2.29m (7'11" x 7'6") - Having a central heating radiator and a uPVC double glazed window to the front elevation.
Outside - Access is given to the property through the ginnel where there is a flagged patio area with wall boundaries.
Boundaries & Ownership - The auction legal pack contains title extracts relating to the auction property. Bramleys have not checked the title deeds for any discrepancies or rights of way. All prospective bidders should review the documents located within the auction legal pack and make their own enquiries before placing a bid on the auction property.
Directions: - Leave Huddersfield via Manchester road (A62) passing Wickes on the left hand side, before taking a left turn onto Thornton Lodge Road. Take the second right onto Crosland Road. The property can be found on the right hand side of the road clearly identified by our for sale board.
Tenure: - Freehold
Council Tax Band: - A
Online Auctions Buying Guide: - Please use the following link to view Bramleys online auctions buying guide which gives full details on the buying process:-
Finance - Bramleys DO NOT recommend purchasing a property with a mortgage due to the strict deadline of 20 working days to complete the purchase. If you successfully bid on the property and are unable to complete the purchase due to lack of funds, then this will result in breach of contract and financial penalties (as shown below).
Bramleys require proof of funding within 24 hours of the auction ending, to show that you are financially qualified to purchase the property that you have successfully bid on.
Contract: - The auction legal pack is available to view online, please access the auction portal through the auction lot on our website. If you have not registered with us before, then you will need to create a new account.
We advise all prospective bidders to pay close attention to all the documents within the legal pack.
The auction contract will need to be signed by the successful bidder within 24 hours of the auction ending.
Legally Binding Bid: - Any bids received through the online auction platform are legally binding and therefore cannot be withdrawn during the auction process.
If you are unsure for any reason prior to bidding at auction, you should either instruct a solicitor to look over the legal pack or alternatively direct your enquiry to the sellers solicitor.
Failure to complete on a purchase will result in financial penalties due to breach of contract.
Please ensure the name of the purchaser/company is correct on your registered auction account and the ID provided also links with this information.
As all details provided at the end of the auction will be added to the contract and sent to both sets of solicitors.
Persons bidding by proxy, must still provide ID for themselves and the person/company buying the auction lot.
Failure to provide the correct buyers information, can cause the auction contract to be invalid, meaning a potential loss of the deposit and further legal charges.
Bidder Security / Deposit: - For this Lot, a Bidder Security of £10,000 will be held by Bramleys until the end of the auction sale.
The successful bidder will be automatically charged the £10,000 at the end of the auction and this will used as the deposit (please ensure your account is authorised to spend this amount in one transaction through your bank/building society), however if the price goes above £100,000 then Bramleys will require an additional amount from the successful bidder to provide a full 10% deposit to the sellers solicitors.
Failure to pay the remaining balance within 24 hours of the auction finishing, will incur financial penalties (interest rate shown on auction contract), interest will be added to the remaining deposit balance until the full 10% has been paid.
The interest will be passed to the seller or persons entitled to it under the sales conditions.
Please note, unsuccessful bidders will have their £10,000 returned within 5 working days.
Buyers Premium/Administration Fee: - The successful purchaser will be required to pay an auctioneers administration charge of £1,500 inc VAT for each lot purchased whether the lot is purchased at the auction, prior to or after the auction.
An invoice for the above amount will be sent to the successful bidder after the auction has ended. This payment is required to be paid within 24 hours of the auction ending.
This payment goes direct to Bramleys LLP and is non-refundable.
Extra Charges: - As per the auction contract, it states:-
"G28.1 On completion the BUYER shall reimburse the SELLER the costs incurred by the SELLER in obtaining the searches for the Legal Pack in the sum of £293.04 inc VAT on completion. G28.2 On completion the BUYER shall reimburse the SELLER'S legal costs in providing the Auction Pack
in the sum of £650 + VAT on completion."
Financial Penalties: - Failure to complete a purchase on an auction property bought through Bramleys will result in breach of contract and will incur the following financial penalties:-
1) Loss of 10% deposit.
2) Loss of buyers premium.
3) Any and all costs for the Agents to re-list the property
4) The buyer will pay the difference in value, on resale of the property.
Failure to complete, will result in Bramleys and / or the sellers solicitors taking legal action to recover the amounts mentioned above due to breach of contract.
Vendors Solicitors: - FAO: Suzy Overton
Schofield Sweeney
30 Market Street
Huddersfield
HD1 2HG
*
Buyers must provide details of their chosen solicitor, so that in the event of winning a Lot Bramleys can initiate the necessary legal proceedings between both sets of solicitors.
