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33 Lorne Street, Chester CH1 4AE

Lot no: 16 Sold at Auction for £216,000
 

Guide Price £140,000+ 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.

Tuesday 20th December 2022

10.00am
Key Features
  • End Terraced Property
  • Full Renovation Required
  • Five Bedrooms
  • Within close proximity of Chester City Centre
  • EPC Rating: G
  • Council Tax Band: D
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Sold at Auction for £216,000

End of terrace house

Property Description:

Five bedroom end terrace house requiring full scheme of renovation.

This is a rare and exciting opportunity to acquire a full renovation project within walking distance of Chester city centre. The property offers substantial accommodation measuring just under 3,000 sqf. over four floors and having stood vacant for a number of years, now requires a full scheme of improvement. With it’s highly-desirable location the property extends itself to a number of exciting development opportunities(subject to planning) and interested parties are advised to contact Cheshire West and Chester planning department directly.


Please note: due to the condition of the property, no internal access will be provided prior to a sale.

Basement
Cellar Chamber 1

21ft 4 x 14ft 9

Cellar Chamber 2

14ft 9 x 14ft 9

Ground Floor
Hallway
Lounge

14ft 9 x 16ft 5

Dining Room

14ft 9 x 14ft 9

Kitchen

11ft 6 x 14ft 9

Store
Utility
Second Store

11ft 6 x 11ft 8

First Floor
Bedroom One

6ft 7 x 9ft 10

Bedroom Two

14ft 9 x 14ft 9

Bedroom Three

14ft 9 x 14ft 9

Bathroom
Bedroom Four

11ft 6 x 11ft 6

Bedroom Five

11ft 6 x 5ft 3

Second Floor
Bedroom

11ft 6 x 18ft 1

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.