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12 Stafford Road, Newport, Shropshire, TF10 7LX

Lot no: 60 Sold at Auction for £177,000
 

Guide Price in excess of £180,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Wednesday 6th September 2017

10.30am
Key Features
A Vacant Freehold Detached Cottage with Planning to extend to Four Bedrooms
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Sold at Auction for £177,000

Detached house

Property Description:

A Freehold detached three bedroom cottage in need of renovation with planning permission to extend to four bedrooms, set back from the road behind a foregarden with vehicular right of way to the rear.

Ground Floor

Porch Entrance, Hall, Two Reception Rooms, Small Kitchen, Lean-to with Coal Store and WC.

First Floor

Landing, Three Bedrooms, Bathroom.

Outside

Front and rear gardens with right of way vehicular approach and a rear garage/workshop.

The property is in need of full renovation and refurbishment.

Tenure

We understand that the property is Freehold and vacant possession will be given upon completion.

Planning

The property has the benefit of full Planning Permission subject to conditions granted by Telford & Wrekin Council under planning application TWC/2016/0398 received on the 4th May 2016 for the erection of a two storey rear extension.

Viewings

Strictly by arrangement with the Auctioneers.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.