**FOR SALE BY ONLINE AUCTION 17TH JUNE**
A three bedroom mid terrace home in the popular Gorse Hill area, not far from the town centre and Old Town.
The property is in need of complete refurbishment both inside and out.
The accommodation is based on spacious open plan lounge and dining area, basic kitchen, there is a utility and downstairs wc to rear however the units and bathroom furniture has been removed.
There are three bedrooms to the first floor, all doubles.
The garden is overgrown and cannot be inspected.
We are unsure as to whether the property will be mortgageable or not and feel this will be down to a lenders discretion at the point of valuation. We therefore advise any buyers using a mortgage to proceed with caution and any mortgage offer or funding must be in place prior to the auction date.
Any viewer must acknowledge that the listed property is in a state of disrepair/derelict condition and entering the building involves inherent risks including structural instability, environmental hazards, physical obstructions and limited visibility. Any viewer entering will wear suitable footwear and clothing and enters at their own risk.
We will have strict block viewing dates/times which are available on request.
Online Auction - In order to bid on this property, you will first need to create an account by providing your contact details. You will be asked to read and accept our Online Auction Terms and Conditions. In order to bid online, you will be required to register a credit or debit card for the bidder security deposit. The House Group are required by law to carry out an online anti-money laundering check on all persons wishing to bid. In general terms, you are strongly advised to view the property and take professional advice as to its condition and suitability.
Legal Pack - AVAILABLE FOR FREE UPON REQUEST. PLEASE PAY CLOSE ATTENTION TO SPECIAL CONDITIONS OF SALE.
Reserve & Guide Price - Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
+ Fees - If you are the successful bidder, you will then be asked to sign the auction contract and pay a 10% deposit (minimum £3,000).
Buyer’s premium - Please be aware all purchasers are subject to a £650 + VAT (For properties on at or below £99,999) or £1,000 plus VAT (For properties on at or above £100,000) buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.’
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* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees:
Buyer’s premium - Please be aware all purchasers are subject to a £650 + VAT (For properties on at or below £99,999) or £1,000 plus VAT (For properties on at or above £100,000) buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.
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By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.