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5 Bancroft Place, Calcot, Reading, Berkshire RG31 7BH

Lot no: 189 Sold Prior to Auction
 

Guide Price £375,000+ 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 25th April 2024

9.00am
Key Features
  • Four bedroom detached house
  • Three reception rooms
  • Family Bathroom, en-suite and downstairs WC
  • Set in a cul-de-sac location
  • Garage with potential to create a downstairs bedroom with ensuite (subject to planning consents)
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Sold Prior to Auction

Detached house

Property Description:


A four bedroom detached house located within a cul de sac in a sought after residential location.

The property comprises hallway, living room, kitchen/dining room, utility area with WC and direct access into the garage. On the first floor there are four generous size bedrooms, en suite to the master bedroom and a bathroom. Externally there is multi vehicle off road parking, with side access leading to the rear garden which has a mixture of patio and lawn area.

We are informed a new boiler was installed in December 2022.

The property is located within easy access to local schools, Sainsburys shopping centre, bus routes and M4 Junction 12.

Ground Floor:
Entrance Hall
Lounge 17ft 11 x 12ft 7
Kitchen/Dining Room 19ft 11 x 16ft
WC 7ft 4 x 4ft 6
Rear Hall
Garage 17ft 5 x 7ft 7
First Floor:
Bedroom One 13ft x 9ft 4

With En-Suite

Bedroom Two 15ft 10 x 7ft 5
Bedroom Three 8ft 11 x 8ft 7
Bedroom Four 8ft 9 x 6ft 10
Family Bathroom
Note:

Completion will take place within 60 days.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Timed Auction 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.