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35 Milehouse Lane, Newcastle, Staffordshire, ST5 9JZ

Lot no: 42 Sold at Auction for £130,000
 

Guide Price £50,000+ 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.

Thursday 30th April 2020

10.30am
Key Features
  • Two bedroom detached bungalow
  • In need of updating and renovation
  • Stands in a generous plot
  • Good sized garage with a garden to the rear
  • EPC Rating: D
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Sold at Auction for £130,000

Bungalow

Property Description:

This spacious two bedroomed detached bungalow offers well planned accommodation in need of updating and renovation.
The property briefly comprises of entrance porch and hallway, two double bedrooms, lounge to the rear elevation with patio doors leading into a garden room/porch, bathroom, kitchen and rear lobby with store. The property stands in a generous plot with driveway to the front, gated access to further off road parking leading down to a good sized garage with a garden to the rear, laid to lawn with mature planted borders.

The auctioneer has not inspected the property but believe it to comprise -

Ground Floor
Porch
Entrance Hallway
Lounge

15ft 2 x 14ft 2

Kitchen

9ft 11 x 13ft 6

Store Room

3ft 9 x 6ft 10

Bedroom One

11ft 10 x 13ft 11

Bedroom Two

11ft 5 x 12ft 11

Bathroom
Garden Room
Outside

Driveway to the front, gated access to further off road parking leading down to a good sized garage with a garden to the rear, laid to lawn with mature planted borders.

Note:

Completion will take place on 21st May 2020. Please see legal pack for confirmation.

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 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.