fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

8 Windy Hill Lane, Marske-By-The-Sea, Redcar TS11 7BN

Lot no: 103 Sold at Auction for £83,000
 

Guide Price £50,000+ 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 28th July 2022

10.00am
Key Features
  • Three bedrooms
  • In need of refurbishment
  • Close proximity to amenities
  • EPC Rating: F
  • Council Tax Band: B
Add to favourites
Sold at Auction for £83,000

Semi-detached house

Property Description:

DRAFT DETAILS

Three bedroom house requiring refurbishment.

This is an excellent opportunity to acquire a substantial three bedroom property on a generous plot, offering fantastic potential as a refurbishment/re-development project. The property is located within a short walk of the local high street, offering many popular and convenient amenities. The area is also well known for its excellent schools.

Note

Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Ground floor:

Lounge, Kitchen area with pantry

First floor:

Three bedrooms and bathroom

Outside:

Garden to front with space for parking. Substantial rear garden

Please note:

No pre-auction offers will be considered on this lot.

Note

Room sizes are not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Freehold. Vacant possession upon completion.



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.


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 and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.


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.