FREEHOLD
Being Sold by YOPA Online Auction Starting Bids from £85,000.
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.
Material information: The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
This larger then average end terrace offers scope for improvement and briefly consists of two reception rooms, kitchen and bathroom. On the first floor there are three bedrooms and a fixed staircase leads up to the attic room. The property is gas central heated and has upvc double glazed windows along with a paved rear yard. Viewing is recommended to appreciate its potential!
The Accommodation
Entrance Porch
With door leading into the lounge
Lounge 4.52m x 4.20m
Having a upvc double glazed window to the front, radiator, high ceilings, coving to ceiling and feature fire place
Dining Room 3.96m x 3.25m
With a upvc double glazed window, radiator, laminate flooring, pantry and stairs to the first floor
Kitchen 3.97m X 2.16m
Having a upvc double glazed window, wall mounted gas central heating boiler, cooker point, inset sink unit and a range of wall units, worksurfaces and cupboards
Lobby
With a door to the rear yard and store cupboard
Bathroom 2.7m x 1.91m
Having a coloured suite, radiator and upvc double glazed window
First Floor
With stairs to the second floor
Bedroom One 4.52m x 4.25m
A large room with high ceilings, two upvc double glazed windows and a radiator
Bedroom Two 3.92m x 2.49m
With a double glazed window to the rear and a radiator
Bedroom Three 4.01m x 2.70m
With a double glazed window and a radiator
Second Floor
Attic Room 4.11m x 3.06m
With a upvc double glazed window to the side
Outside
Paved rear yard with side gate
EPC TBC
Council Tax Band A (Stoke on Trent City Council)
CURRENT 42/77 POTENTIAL
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.
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.
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.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
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.
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.