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16 Parkers Lane, Mansfield Woodhouse, NG19 8AT

Lot no: 146 Sold Prior to Auction
 

Guide Price £63,000 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.

Thursday 24th June 2021

10.00am
Key Features
  • Mid Terrace Property
  • Two Reception Rooms
  • Two Bedrooms and Attic Room
  • In Need of Modernisation
  • EPC Rating: TBC
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Sold Prior to Auction

Terraced House

Property Description:

We are delighted to welcome this magnificent investment opportunity to the market which is to be sold with no upward chain. The property requires modernisation and updating throughout but boasts masses of potential and we cant see if being available for long! The property is situated on a popular street in the heart of Mansfield Woodhouse positioned just off the high street, offering an array of local amenities as well as easy access to bus routes and the local train station and schools. The property comprises a front door leading into the spacious living room with access through into the second reception room as well as stairs leading to the first floor. To the rear of the property you will find the kitchen area and an external door onto the enclosed courtyard. The first floor benefits from a large master bedrooms, good sized single bedrooms and the family bathroom as well as stairs leading up to the attic room. Viewings are by appointments only so please call the office to make arrangements

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.