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54 Frenchs Road, Cambridge CB4 3LA

Lot no: 190 Sold Prior to Auction
 

Guide Price £455,000+ 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
  • Detached Victorian House
  • 3 Reception Rooms, 3 First Floor Bedrooms
  • 2 En-Suites and Bathroom
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Sold Prior to Auction

Detached house

Property Description:


A victorian house with parking and a west-facing courtyard garden, located down a private lane just north of the river.

This detached house dates back to 1871 and was extended when it was first purchased around 8 years ago. The property would be well suited to families or buy-to-let investors, offering both excellent educational facilities and plenty of local facilities.

The property is entered via an attractive stained glass door and leads to a hall offering space for coats and footwear with stairs leading to the first floor. The living room benefits from a dual aspect and has a feature fireplace, contrasted by exposed brickwork and a mantel shelf. The dining room has a wood-burning stove and benefits from southerly aspects and adjoins a kitchen with quarry tiled flooring, Velux windows and a stable door to the courtyard garden. There are a number of kitchen units and a Rangemaster oven with extractor over included within the sale. One of the bedrooms is located on the ground floor and has a separate door leading to the front of the property.

Upstairs are the remaining 3 bedrooms, both with en suite shower rooms and a bathroom which has been fitted with a modern white suite. The landing provides access to a partially boarded loft and there is an airing cupboard housing a Vaillant combi-boiler.

Outside the property can either be approached by vehicle via track opposite Bermuda Terrace, or by foot via the side of No.40 Frenchs Road. There is parking for one vehicle and plenty of bike storage. The west-facing rear garden has been predominantly paved for ease of maintenance and offers a superb degree of privacy.


Location:
Frenchs Road is a no through road forming part of an established residential area located off Victoria Road and about 1 mile north of the City centre. There are local neighbourhood shops on Victoria Road and St Lukes Primary School is close by. The City centre, Alexander Gardens, Jesus Green, Midsummer Common and the river are all within easy walking or cycling distance.


Services:
All mains services connected.


Heating:
Vaillant combi-boiler. Gas central heating.


Coverage:
Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2 and vodafone are showing as low in this area, and EE and Three as high. Satellite and Cable - BT, Sky and Virgin show as available in this area.


Note

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

Note

We have been advised the property is currently tenanted until 15th February, and there will be vacant possession on completion.

Note

We have been informed by the seller there is a restrictive covenant on the land to the east of the property. Please refer to the legal pack for further details.

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.