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162 Burford, Telford TF3 1LW

Lot no: 85 Re-entry to a future auction
 

Guide Price £50,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 24th November 2022

10.00am
Key Features
  • Spacious maisonette
  • Two bedroomed accommodation
  • Close to local amenities
  • EPC Rating: C
  • Council Tax Band: A
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Re-entry to a future auction

Maisonette

Property Description:

A spacious two bedroomed maisonette located within a predominantly residential area of Brookside.

The property lies south of Telford centre and within close proximity of the A442 Queensway. Locally there are a number of convenient shopping amenities with a wider selection within Telford centre. A number of popular recreational pursuits can be found at Telford Town Park which is within easy reach from the property. Transport links include a local bus network, Telford Central railway and local connections to both A442 and M54.

Please note: This property is being sold by receivers. We have been made aware that the original legal owner has raised a dispute with the lender, however the receiver's solicitors have confirmed that this will not prevent the sale to a prospective buyer.

Accommodation:

Reception room, kitchen, two bedrooms and bathroom.

Please 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.

Leasehold Information:

Length of lease: 99 years from 16th March 2012. Current ground rent: TBC. Ground rent review period: TBC. Current service charge: TBC. Service charge review period: TBC. This information should be clarified in the legal pack and we’ll update the information above when we receive it.

Buyers Fee:

Buyers fee on this lot will be 1% plus VAT of the sale price.

Tenure:

Leasehold. See legal pack.



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 Fixed 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 fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT

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.