This mid-terrace property would benefit from a modest scheme of modernisation throughout and would be perfectly suited to both investors and first time buyers! Offering spacious room sizes throughout with accommodation including; large living room, kitchen, pantry, utility, W.C., two double bedrooms, and house bathroom. The property also has the advantage of large gardens to both the front and rear, with potential to create driveway parking to the front (subject to the relevant consents). in addition to potential scope to extend to the rear as others on the row have done (also subject to the relevant consents). The property is located in the popular Bilton area, close to a wide range of amenities and transport links. Offered to the market with no onward chain.
*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold.
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold.
This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This 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 containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack.
The Partner Agent and Auctioneer may recommend the services of third parties to you, in which they may be paid for the referral. These services are optional and you will be advised of any payment, in writing, before any services are accepted.
Listing is subject to a start price, and hidden reserve price that can change.
Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.
Entrance Hall A UPVC front door opens into a small hallway with doors leading off to both the kitchen and living room respectively, and a staircase directly ahead leading to the first floor accommodation. Living Room 10' 11" into cupboard x 14' ( 3.33m into cupboard x 4.27m ) A spacious reception room with windows to both front and rear, with built in cupboard to the corner and gas fire with tiled surround. Buyers are to make their own checks into whether the gas fire is connected. Kitchen 8' 9" x 8' 10" max ( 2.67m x 2.69m max ) Fitted with basic kitchen base units with stainless steel sink and drainer inset, freestanding cooker and space for a fridge freezer. A glazed door leads through to the pantry, large window to the front elevation and a second floor leading to the rear entrance hall. Pantry 2' 6" x 4' 9" ( 0.76m x 1.45m ) A glazed paneled door from the kitchen opens into the adjoining pantry, with shelves and window to the rear. Rear Hall Doors lead off to both the utility and the W.C., and a glazed paneled rear door out onto the garden. Cloakroom 2' 9" x 4' 11" ( 0.84m x 1.50m ) Accessed of the rear hall, with wood paneled walls to midheight and fitted with a period style high flush W.C., with window to the rear. Utility 6' 5" x 2' 10" ( 1.96m x 0.86m ) This under stairs utility has window to the rear, is shelved and has space for a washing machine. Landing The staircase leads up to a split level landing with window to the rear, doors leading off to both bedrooms and bathroom. Bedroom 1 11' x 14' 1" excluding wardrobes ( 3.35m x 4.29m excluding wardrobes ) A large double bedroom with fitted wardrobes and built in cupboard to the corner, and windows to both front and rear. Bedroom 2 9' x 8' 9" ( 2.74m x 2.67m ) Another good sized double with window to the front, with built in cupboard over the stairs which houses the hot water tank. Bathroom 4' 10" x 5' 10" ( 1.47m x 1.78m ) Fitted with a blue suite comprising bath and pedestal hand wash basin, tiled border to the bath area and splashback. With window to the rear. Outside Externally there is a generous lawned area to the front enclosed with post and rail fencing, with pathway leading to the road. Other properties nearby have created driveway parking so there is potential to also do this, subject to the relevant consents. To the rear to the property has a good sized lawned garden which has a hardstanding area and a timber shed.
This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.
Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.
A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.
This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.
A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 28 day period following the auction or the date of acceptance of the offer.
If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £300.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
For further information or to speak to one of our team, please call 01274 649 684.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.