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Wood Bank, Ruthin Road, Gwernymynydd, Mold, CH7 5LQ

Lot no: 31 Sold at Auction for £189,000.00
 

Guide Price £70,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Monday 9th December 2019

2.30pm
Key Features
  • Three bedroomed detached property
  • In need of modernisation and improvement
  • Array of original features
  • Generous plot with mature gardens to all sides
  • EPC Rating: G
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Sold at Auction for £189,000.00

Detached house

Property Description:

DRAFT DETAILS. Built in 1939 this property has been in the same family since construction and offers a truly rare opportunity for a developer to restore it back to it’s former glory. Packed with an array of original features with bags of character, including stained-glass feature windows and parquet flooring, this property is crying out to be somebody’s ‘forever home’ once more. Externally, the property sits on a generous plot with mature gardens to all sides and is set off Ruthin Road in an area of outstanding natural beauty. On the outskirts of the historical market town of Mold, Flintshire, there is easy reach to commuter routes, including A494, A55 and M56/53 motorways, as well as spectacular Welsh Scenery on the doorstep. Simply a ‘must see’ property for any property developer or homeowner looking to take on a renovation project.

The accommodation briefly comprises:

Ground Floor:

Hallway with under stairs cupboard, two reception room, kitchen

First Floor

Three bedrooms and family bathroom

Outside:

Mature gardens to four sides and garage

Rights of Way, Wayleaves, Easements, Restrictive Covenants Etc.

The site is sold subject to or with the benefit of any Rights of Way, Wayleaves, Easements, Restrictive Covenants, which may exist whether mentioned in these particulars or not. For further information in relation to these matters please refer to the legal pack.

Tenure:

Freehold.


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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.