Semi-detached house
A rare opportunity to purchase a spacious three bedroomed semi detached property with planning permission for the erection of an adjoining two bedroomed independent annexe, the PP has just been granted by Hinckley and Bosworth Borough Council under application 18/00374/FUL. This includes a side entrance hall, toilet, living kitchen, two first floor bedrooms and a bathroom.
The property currently enjoys an entrance hall, lounge/dining room overlooking the rear garden, breakfast kitchen, three bedrooms and a family bathroom. Outside there is ample parking, detached garage (to be removed to allow for annexe) and a south facing rear garden.
It is situated in a popular residential location, close to all local amenities. Those wishing to commute would find easy access to the A5, M69 junctions making travelling to further afield very good indeed.
More specifically the well planned, gas fired centrally heated and upvc double glazed accommodation comprises:
12ft 5 x 5ft 10
having upvc double glazed front door, built in meter cupboard and balustraded staircase.
20ft 11 x 11ft 5
having feature fireplace with fire facility, tiled surround and hearth, plaster coved ceiling, two central heating radiators, wall lights and tv aerial point. Upvc double glazed patio doors opening onto the south facing rear garden.
15ft 5 x 9ft 6
having good range of Shaker style units including base units, drawers and wall cupboards, matching work surfaces and inset single drainer stainless steel sink with mixer tap, space and plumbing for washing machine and dishwasher, built in electric oven and grill, ceramic hob with extractor hood over, ceramic tiled flooring and central heating radiator.
having balustrading, built in gas fired boiler for central heating and domestic hot water and access to the roof space with drop down ladder.
14ft 1 x 10ft 9 <br>having central heating radiator.
14ft 1 x 10ft 5
having central heating radiator.
9ft 10 x 7ft 6
having built in storage cupboard and central heating radiator.
5ft 6 x 7ft 6
having white suite including panelled bath with shower over, low level w.c., pedestal wash hand basin, central heating radiator, vinyl flooring, panelled and ceramic tiled splashbacks.
There is direct vehicular access over a block paved driveway with standing for several cars and a lawned foregarden.
DETACHED GARAGE with up and over door. To the right hand side there is a lawned area with application for planning permission for the erection of an adjoining annexe. South facing rear garden with well fenced boundaries and patio area.
There is lapsed planning application which has been resubmitted in July 2021 for a detached ground floor annexe (approximately 10m x 9m). This would replace the garage.
Ground Floor: Side entrance hall, W/C, Breakfast Kitchen and Lounge<br><br>First Floor: Two bedrooms and Bathroom
Freehold.
Auction Method:
The auction for this property will be conducted online through our online-bidding platform. This is a “Timed Auction”, so there are no other lots being sold alongside this property.
The timeslot for the auction is displayed on SDL Auctions’ website. To view this, search for the property on their website. Then click onto the property to view the property details. The time remaining to bid and end date of the auction is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Auctions’ Buyers Terms (England & Wales) which are available on SDL Auctions website.
Auction type- Unconditional with Variable Fee
If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.
Auction Fees
The following non-refundable fees apply:
Buyer’s Fee- payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Buyer’s Fee is subject always to a minimum of £6,000 (including VAT). The Buyer’s Fee does not contribute to the purchase price.
Deposit
On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.
Payment Method:
When you register to bid, you will be prompted to provide your payment details to SDL Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Buyer’s Fee & Deposit. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:
Buyer’s Fee of £7,200- 4.8% of guide price
Deposit of £7,500- 5% of the guide price
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:
£960 for Buyer’s Fee shortfall (£8160 due as 4.8% of actual purchase price)
£1,000 for Deposit shortfall (£8500 due as 5% of actual purchase price)
Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on SDL Auctions’ website and click onto the property to view the property details. There will be a sub-heading “Legal Documents”. Underneath this, you will be prompted to “Log in to view the legal documents”. Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
Registration Process:
To register to bid on the property, search for the lot on SDL Auctions website. Click onto the property, follow the link to “Log in/register to bid” , and you will then be directed to create an account with the online-bidding platform provider, EIG.
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