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56 King George Road, Andover, SP10 3DQ

Lot no: 144 Sold at Auction for £129,000
 

Guide Price £46,000+ 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 25th March 2021

10.00am
Key Features
  • Fire Damaged Property
  • Renovation & Re-build Project
  • Popular Residential Location
  • Close to Andover Train Station
  • EPC Rating: N/A
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Sold at Auction for £129,000

Terraced House

Property Description:

An extremely rare opportunity which has presented itself to us with an instruction to sell to the highest bidder. The property has unfortunately been ravaged by fire and been left with significant fire damage.

The property is now available to purchase and for the highest bidder it offers an opportunity to restore the property to its once former glory, it also offers the new owner an opportunity to add significant value to the property by completing the necessary scheme of works that is required. Once the works are completed you will have a three bedroom terraced family home situated on the King George Road development.

Benefits in brief include lounge/diner, refitted kitchen, three bedrooms and family bathroom to first floor, a rear garden, off road parking all this coupled with a superb setting in a popular residential location close to Andover Train Station.



Please note the buyers fee on this lot is £1,200 inc VAT

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 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.