FREEHOLD
GREAT INVESTMENT/FIRST TIME BUY! NO FOWARD CHAIN!
This is all about the POTENTIAL !
Yopa are delighted to present this fantastic opportunity to acquire a spacious 3/4-bedroom detached home located in the highly sought-after area of Deri Avenue, Pencoed. Tucked away at the end of a peaceful cul-de-sac, this property sits on a generous plot and offers huge potential for buyers with vision. While it would benefit from some modern touches, it provides an excellent blank canvas to create a truly wonderful family home tailored to your own taste and lifestyle. Outside, there are generous rear, side and front gardens all just waiting for a pair of green fingers to transform it into a quiet haven. Imagine hosting summer BBQs, watching the children play, or simply unwinding with a glass of wine at the end of a busy day.
With driveway, and garage, this home offers space and flexibility to suit a variety of needs — whether you’re looking to extend, remodel, or simply make it your own this is a must view property if your looking for a home you can transform into something special and you can put your own stamp on and call your own. Pencoed itself is a thriving community with a wealth of amenities, including schools, shops, restaurants, and leisure facilities all within walking distance. Excellent transport links, including a nearby train station and approx 5 MINUTE DRIVE M4 JUNCTION 35 making this an ideal choice for families and commuters alike. This is a rare opportunity to secure a home in one of Pencoed’s most desirable locations and unlock its full potential. Early viewing is highly recommended.
Don't miss the chance to make this stunning property your next home—enquire with YOPA 24/7 today!
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
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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 £396 including VAT, a total of £6,996. 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 £396 (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.