43 Old Road Failsworth, Manchester, Lancashire, M35 0DJ
- Conditional Online Auction Sale
- Bedrooms: 2
ONLINE AUCTION WITH GOTO FOR THIS TWO BEDROOM TERRACED PROPERTY IN LANCASHIRE - M35 0DJ
Tenure
FREEHOLD
Description
* CASH BUYERS ONLY*
Being Sold by YOPA Online Auction Starting Bids from £110,000 Buy it now option available
Please call or visit YOPA Online Auctions for more information.
YOPA Online Auctions is a new, innovative and pioneering platform for buying and selling property. Open to both cash and mortgage buyers. It provides all the benefits synonymous with traditional auctions, including: speed and certainty of sale, transparency and zero risk of gazumping or double-selling but with the added advantage of being able to bid pressure-free from the comfort of your own home or office via desktop, tablet or mobile phone. YOPA also offer a Buy-it-Now feature which allows you to place an offer and purchase before the Auction end date.
The property is structurally sound and in need of
considerable upgrading. Previous buyers have been
able to secure mortgages.
In further detail the accommodation comprises:
Hallway
UPVC double glazed front door with a UPVC double glazed top light, storage heater, stairs to the first floor and ceiling coving
Dining Room 12'4 x 11'0
UPVC double glazed window to the front, living flame gas fire with a marble back and hearth and set in a feature wooden fire surround and mantle, two wall light points, dado rail, ceiling coving and open to the lounge
Lounge 12'8 x 11'7
UPVC double glazed window to the rear, living flame gas fire with a marble back and hearth and set in a feature wooden fire surround and mantle, two wall light points, door to the under stairs storage cupboard and a dado rail
Kitchen 9'1 x 7'10
A one and a half bowl single drainer sink unit with mixer taps plus a range of fitted base units incorporating cupboards and drawers with rolled edge work surfaces over and matching wall mounted cupboards, gas cooker, plumbing for a washing machine, space for a fridge/freezer, part tiled walls, tiled flooring, UPVC double glazed window to the rear and a UPVC double glazed door to the rear garden
Landing
Stairs to the attic room
Bedroom 1 14'8 x 11'11
Two UPVC double glazed windows to the front, storage heater and a range of fitted wardrobes with storage cupboards over and fitted drawers
Bedroom 2 12'7 x 9'9
UPVC double glazed window to the rear and a range of fitted wardrobes and fitted drawers
Bathroom 8'5 x 7'10
A white suite comprising of a tiled shower cubicle, low level WC, pedestal wash hand basin, tiled walls and a UPVC double glazed window to the rear
Attic Room 13'8 x 13'7
Roof window, storage cupboards, power and light
Outside
To the rear is an enclosed paved yard with a wooden gate to the rear. There is also a small garden frontage
Being Sold by YOPA Online Auction Starting Bids from £110,000 Buy it now option available
Please call or visit YOPA Online Auctions for more information.
YOPA Online Auctions is a new, innovative and pioneering platform for buying and selling property. Open to both cash and mortgage buyers. It provides all the benefits synonymous with traditional auctions, including: speed and certainty of sale, transparency and zero risk of gazumping or double-selling but with the added advantage of being able to bid pressure-free from the comfort of your own home or office via desktop, tablet or mobile phone. YOPA also offer a Buy-it-Now feature which allows you to place an offer and purchase before the Auction end date.
If you request a viewing of this property or make an offer, then you agree that your personal information (name and contact details) will be shared with GOTO Auctions (YOPA’s Online Auction partner) to enable them to ensure that you understand the auction process.
To book a viewing visit YOPA.
Auctioneer's Comments:
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract are issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be sort.
The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on
this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Info Pack which can be downloaded for free from our website or requested from our Auction Department.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyers Premium of £6600 including VAT plus an administration charge of £372 including VAT, a total of £6972. This secures the transaction and takes the property off the market.
The Buyer’s Premium and administration charge are in addition to the final negotiated selling price.
EPC Rating
current 21 / 72 potential
Opening Bid and Reserve Price
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
Comments
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer's Premium of £6,600 including VAT, plus a buyer's administration charge of £372 including VAT, a total of £6,972. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium and buyer's administration charge are in addition to the final negotiated selling price.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £372 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.
Energy Performance Certificate (EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
Loading the bidding panel...
Office Contact
Agreement Documents
Additional Documents
Online Auction Buying GuideRelated Documents
Share
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.