Rightmove- Timed Auction - Conditional with Reservation Fee
FOR SALE BY CONDITIONAL AUCTION
in partnership with SDL Auctions
Full terms and conditions are available on the SDL Auctions website.
** SEE THE VIRTUAL VIEWING WITH COMMENTARY AND THE VIDEO TOUR *** FULLY REFURBISHED THROUGHOUT *** NO UPWARD CHAIN *** 2/3 bedroom three storey end terrace house in the sought after village of Measham. 994 Years remaining on the Lease. Private off-road allocated parking. SUPERB kitchen diner with soft close doors and an integrated oven, induction hob and wine chiller. Bedroom one with EN-SUITE and a family bathroom with in-laid TV. There are two bedrooms plus a converted loft space with an apex roof which could serve as a children's playroom or a games room. There is another small room next to bedroom one which could be used as a study or a dressing room. Externally there are French doors from the dining area leading to a small patio area. Electric heating and double glazing throughout. Very high EPC rating
External & Approach
The property is accessed via the rear where there is the allocated parking and then along the path to the right hand side of the property to the side entrance door. The allocated parking space is the one nearest to the actual property. There are also a number of visitor spaces.
Once inside the property you will find a spacious entrance hallway with an under stairs storage area, three ceiling light fitting points and a stylish wall mounted glass panelled electric heater.
Kitchen Diner 7.69m x 2.70m (25'2" x 8'10")
At over 25 feet in length, the kitchen diner offers significant living space and is fitted with a range of base and wall units in a cream high-gloss finish with soft-close doors and drawers and Shaker style brushed steel bar handles. The flooring is oak effect laminate and the work tops are rolled edge composite in a walnut effect with cream 'Metro' style wall tiles above. You will also find an integrated bottle chiller, a black Whirlpool electric oven, a four ring induction hob and a stainless steel extractor hood and chimney above. There is a stainless steel sink, drainer and a contemporary chrome mixer tap and a space for a washing machine. At the far end of the room there are French doors leading out to the small balcony patio area, there is a TV aerial point, a glass panel electric heater, one ceiling light fitting point and four sunken halogen spot lights.
Bedroom Two 4.39m x 2.07m (14'4" x 6'9")
On the ground floor is the second bedroom which is a good sized single and has an alcove for a wardrobe or a desk space, a double glazed window to the right hand aspect, a TV aerial point, a glass panel electric heater and one ceiling light fitting point.
Bathroom 2.10m (max) x 1.70m (max) (6'10" (max) x 5'6" (max
Also on the ground floor is the family bathroom with a white suite comprising; a bath with a chrome mixer tap and shower attachment, a low level WC with chrome push flush and a pedestal sink with chrome mixer tap. The highlight of this room is the in-laid remote control TV set into the tiling which is finished in pale grey marble effect. You will also find a chrome heated towel ladder, an extractor fan and one ceiling light fitting point.
Lounge 3.90m x 3.38m (12'9" x 11'1")
To the front of the property is a good sized lounge which has a waist height cupboard that houses the electricity meter and fuse board, a wooden Georgian style sash window to the front aspect, a TV aerial point, a black glass panel electric heater and one ceiling light fitting point.
Bedroom One 5.03m (max) x 3.45m (max) (16'6" (max) x 11'3" (ma
On the first floor and to the front of the property is a spacious principal bedroom with en-suite and a cupboard housing the modern large capacity (250 litre) hot water tank. There is an attractive wooden bay window to the front elevation, a TV aerial point, a glass panel electric heater and two ceiling light fitting points.
En-suite 2.66m x 1.48m (max) (8'8" x 4'10" (max))
The en-suite is fitted with the same WC and sink as the bathroom but has a corner shower cubicle with curved sliding glass doors and a wall mounted electric shower. There is a chrome heated towel ladder, an extractor fan and one ceiling light fitting point. The walls are part tiled in the same large rectangular pale grey marble effect tiles as in the bathroom.
Cot room / Study 4.71m (max) x 4.48m (max) (15'5" (max) x 14'8" (ma
Adjacent to the master bedroom is a narrow room which would serve well as a study or a cot room. It has a double glazed window to the right hand aspect, a TV aerial point, a glass panel electric heater and one ceiling light fitting point.
Bedroom Three / Games room 4.71m (max) x 4.49m (max) (15'5" (max) x 14'8" (ma
On the second floor is a converted loft space with an apex ceiling and limited headroom away from the centre of the room. There is a double glazed roof light, a TV aerial point, a telephone point, a glass panel electric heater and one ceiling light fitting point.
Original Lease length was 999 Years.
There are 994 years remaining.
The Ground Rent is £299 per year
There are no service charges
The auction for this property will be conducted online through our online-bidding platform. This is a "Timed Auction", so there are no other lots being sold alongside this property.
The timeslot for the auction is displayed on SDL Auctions' website. To view this, search for the property via their website, then click onto the property to view the property details. The time remaining to bid, and end date of the auction, is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Auctions' Buyers Terms (England & Wales) which are available to read on SDL Auctions' website.
Auction type- Conditional with Reservation Fee
If you are the highest bidder when the auction for the property comes to an end, you will enter into a reservation agreement with the seller. You must then pay the applicable reservation fee. You will then have 40 business days within which to exchange contracts and complete the sale, unless the Special Conditions of Sale contained within the Legal Pack specify a different time limit. If you fail to do so, you may lose your reservation fee. During the 40-business day reservation period, the seller is not able to accept other offers.
The following non-refundable fees apply:
•Reservation Fee- payable immediately when the auction ends. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Reservation Fee is subject always to a minimum of £6,000 (including VAT). The Reservation Fee does not contribute to the purchase price.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the seller's discretion, not on the instruction of SDL Auctions, and will be in addition to any fees payable to us. SDL Auctions has limited control over the content of the Special Conditions of Sale.
This property is listed under the Conditional with Reservation Fee sale method, therefore the deposit will be payable on exchange of contracts and executed via the solicitors. The amount to be paid will be listed in the Special Conditions of Sale.
When you register to bid, you will be prompted to provide your payment details to SDL Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Reservation Fee. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:
•Reservation fee of £7,200 - calculated as 4.8% of guide price- this will be charged immediately after the auction if you are the winning bidder.
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:
•£960 for Reservation Fee shortfall (£8160 due as 4.8% of actual purchase price)
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on SDL Auctions' website, and click onto the property to view the property details. There will be a sub-heading "Legal Documents". Underneath this, you will be prompted to "Log in to view the legal documents". Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Auctions' terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
To register to bid on the property, search for the lot on SDL Auctions' website. Click onto the property, follow the link to "Log in/register to bid", and you will then be directed to create an account with the online-bidding platform provider, EIG.