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65 Green Lane, Studley B80 7EY

Auction Event
 

Guide Price £125,000+ 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 30th May 2024

9.00am
Key Features
  • Council Tax Band: E
  • Two bedroom detached cottage
  • Quiet and picturesque location
  • Outline planning for a three bedroom detached property
  • EPC Rating: Exempt
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Cottage

Property Description:

The property comprises a two-storey detached cottage located along Green Lane Studley.

The property benefits from driveway, front and rear gardens along with being in a quiet picturesque location.

The property has not been internally inspected and we have been advised it requires substantial modernisation.

The property benefits from outline planning consent for the creation of a new residential dwelling on the site. Interested parties are advised to inspect the legal pack for more information and the Stratford-on-Avon district council planning portal 23/03134/REM.

Additional Information:
Construction: Brick
Heating Supply: Some space heaters (fixed to wall) may be removed.
Electricity Supply: Mains
Water Supply: Mains
Sewerage Arrangements: Mains
Parking Arrangements: Off Street
Broadband Speed: Standard 12 mbps, Superfast 64 mbps, Ultrafast 1000 mbps.
Mobile Signal: Vodafone, EE, Three and O2 are available in this location.
Satellite and Cable TV Availability: BT, Sky and Virgin are available in this location.

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. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers 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 Buyers 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.