1 Huntly Grove, Peterborough, PE1 4DJ

3 Bedroom End Terraced House, 1 Huntly Grove, Peterborough, PE1 4DJ

Overview

Hammer Price Homes are delighted to present for sale by online auction this 3-bedroom end of terraced house in Peterborough.

Due to the general condition, the auction is strictly open for cash buyers only.

The property briefly comprises: To the ground floor there is an entrance leading to a living room, second reception room, dining room, kitchen, bathroom and W.C. To the first floor there are 3 bedrooms.

Outside there are gardens to the front and rear, the rear garden is well sized and very overgrown. The full extent of the rear garden can be seen on the Land Registry Title plan available for download from the Hammer Price Homes website.

As you will see from the photos and from viewing the property, it has been mostly cleared, however there are some remaining items both within the property and in rear garden. The property is sold as seen and therefore the disposal of the remaining items will be the responsibility of the successful buyer.

The property requires extensive renovation throughout, and this sale is strictly open for cash buyers only due to the general condition and poor EPC rating, you would not be able to obtain a standard mortgage on the property. There will be no grounds to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property (including anything of a structural nature), for any issues in financing the purchase.

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.

Location

The property is well placed close to amenities and less than a 10 minutes’ drive and 20 minutes’ walk to Peterborough city centre, and within walking distance to Central Park public open space. The property is also well placed for commuters, with Peterborough train station around 1.2 miles away and with good access to the major road network (The A47 and A1).

Special Conditions

The property is sold as seen and therefore the disposal of the remaining items (in the property and gardens) will be the responsibility of the successful buyer. This sale is strictly open for cash buyers only as due to the condition the property is deemed unmortgageable. There will be no grounds to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property (including anything of a structural nature) and for issues financing the purchase.

Other information

Tenure – Freehold – Land Registry documents are available for download from the Hammer Price Homes website.

Auction Details

** Open for cash buyers only. 90 days to complete**

Please note that there is a Reservation fee (3% Inc. VAT subject to a minimum fee of £3,000 Inc VAT) payable by the buyer on winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.

Auction ends – Thursday 1^st June 2023 at 1:30pm (Subject to anti-sniping)

Bidding Window Opens – Tuesday 30^th May 2023 at 10am (Bidding will not be possible until this time)

Starting price – £72,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Viewings

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must to stick to their time precisely.

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and FAQ’s on the site for more details.

This is a probate property and is sold as seen. The Administrator / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions.