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The Horseblock, The Green, Staverton, Daventry, Northamptonshire NN11 6JB

Lot no: 16 Re-entry to a future auction
 

Guide Price £460,000+ 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 15th December 2022

11.30am
Key Features
  • A 3/4 bedroom characterful cottage
  • Set within the heart of a well regarded village
  • Council Tax Band: E
  • EPC Rating: D
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Re-entry to a future auction

Cottage

Property Description:

A 3/4 bedroom characterful cottage set within the heart of a well regarded village.

The property comprises a freehold 3/4 bedroom (master en-suite) character home situated in the popular village of Staverton. The versatile accommodation includes; 3/4 bedrooms, a sitting room, fitted kitchen, reception room with an inglenook fireplace with wood burner. Accommodation Ground floor Reception room through to kitchen, sitting room, conservatory First floor Two bedrooms (master with en-suite) and bathroom with roll top bath, wc and wash basin. Second Floor Third bedroom leading through to the fourth bedroom, study. Outside There is a tranquil garden where you can relax of an evening.

Please note the property is a listing building.

Location:

The highly regarded village of Staverton is situated about two miles west of the market town of Daventry on the A425, sixteen miles from Royal Leamington Spa and very close to the Warwickshire County border. This charming village is a conservation area and special landscape area surrounded by unspoilt rural countryside. There is a well regarded primary school within the village together with Parish Church, playing field, the Countryman public house/restaurant, thriving village hall and golf course/country club with gym and swimming pool. Road communications are excellent with easy access to the M1, M6 and M40 motorways. London Euston can be reached in under an hour from Rugby and Northampton and Marylebone from Banbury.

Note:

The buyers fee is £1,500 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

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 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.