SOLD FOR £326,000
A mid-terraced period 3-bedroom house in need of some updating, situated in a popular residential cul de sac in St Werburghs. The property has been tenanted for many years and is now offered for sale with vacant possession. There is potential to extend at the rear and/or convert the loft space, subject to consents. An ideal opportunity for builders, developers and investors.
FOR SALE BY AUCTION -
This property is due to feature in our online auction on 26 April 2022 at 6.00pm. Bidding is via proxy, telephone or online remote bidding.
SOLD FOR £326,000
A 3-bedroom mid-terraced period house that has been rented out by the current owners for many years. The property benefits from a good-sized courtyard garden to the rear and offers potential to extend at the rear and/or convert the loft, subject to consents. A superb opportunity for builders, developers and investors.
6 WEEK COMPLETION AVAILABLE
The property is situated on Norman Road, a quiet residential cul de sac in the popular residential area of St Werburghs. Easy access is provided the the city centre and the M32 and a wide range of local amenities are available on the nearby Mina Road and Eastgate Retail Park.
Please refer to the floor plan for internal layout and approximate room sizes.
GROUND FLOOR -
Comprising of an entrance hall, lounge with bay window to the front, an open-plan kitchen/diner and bathroom.
FIRST FLOOR -
Comprising of a large double bedroom to the front and two bedrooms to the rear.
The property benefits from an enclosed courtyard garden to the rear backing onto St Werburghs Primary School.
ENERGY PERFORMANCE CERTIFICATE -
Rating: E (please note that the boiler has been replaced since the last EPC was carried out and is still under guarantee).
BUYER'S PREMIUM -
Please be advised that all purchasers are subject to a £1,200 plus VAT (£1,440 inc VAT) buyer’s premium payable upon exchange of contracts.
*GUIDE PRICE -
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. Each property will be offered subject to Reserve Price (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.
RESERVE PRICE -
The seller's minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.
PROXY, TELEPHONE & ONLINE REMOTE BIDDING -
The auction will be held online via live video stream with buyers able to bid via telephone, online or by submitting a proxy bid. You will need to complete our remote bidding form, which is available to download from our website. The completed form, ID (driving licence or passport and a recent utility bill stating the home address of the purchaser) and a cheque/bank transfer for the Preliminary Deposit must be received no later than 24 hours before the date of the auction.
PRELIMINARY DEPOSIT -
The Preliminary Deposit required for each lot you wish to bid for will be calculated based upon the Guide Price as follows:
£1,000 - £50,000: £2,000
£51,000 - £150,000: £5,000
£151,000 and above: £10,000
If your bid is successful, the balance of the deposit monies and Buyer's Premium (£1,440 inc VAT) must be transferred to our client account within 24 hours of the auction sale. If you are unsuccessful at the auction, your Preliminary Deposit will be returned to you.