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60 Kings Hedges Road, Cambridge, CB4 2PA

Lot no: 198 Sold Prior to Auction
 

Guide Price £380,000 plus fees

Conditional with Reservation FeeOn the fall of the hammer, the successful bidder will enter into a Reservation Agreement with the seller and be granted an exclusivity period of 60 days to purchase the property (unless the Special Conditions of Sale specify a different timescale). The successful bidder must use the exclusivity period to proceed to exchange of contracts and complete the purchase. On the fall of the hammer, the successful bidder must immediately pay a non-refundable Reservation Fee of 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 Reservation Fee is subject to a minimum of £6,000.

Thursday 27th May 2021

10.00am
Key Features
  • Detached Property
  • Three Reception Rooms
  • Ground Floor Bathroom
  • Two Double Bedrooms
  • EPC Rating: D
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Sold Prior to Auction

Detached house

Property Description:

A detached two bedroom property located along Kings Hedges Road and being sold with the advantage of no onward chain.

Kings Hedges Road is located to the North of the historic City of Cambridge and is conveniently placed within cycling distance of the north Cambridge Business/Science Parks and Cambridge North Train Station. The property is situated on a good sized plot offering ample off road parking along the driveway. Kings Hedges Road is well placed for the guided bus way with further links to the City, Addenbrookes Hospital and the Market Town of St. Ives.

This two bedroom detached home is available to purchase with the benefit of no onward chain. To the ground floor the property boasts three reception rooms which includes a lounge, a dining room and a study as well as a kitchen and downstairs bathroom.  To the first floor the property comprises of two generously proportioned bedrooms.

Externally the property has good sized, fully enclosed garden to the rear which is enclosed with panelled fencing and is mainly laid to lawn. To the front the property has ample driveway parking for numerous vehicles and a integral garage which can be incorporated into the existing property subject to the relevant building regulations.

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 Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

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

Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation 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.