1 Bedroom, Terraced House, 10 Buttermere Road, Orpington, Kent BR5 3WD
Overview
Hammer Price Homes are pleased to present for sale by online auction this 1 bedroom terraced house in Kent. The sale is strictly open for cash buyers only.
The property briefly comprises: To the ground floor, an entrance porch leading to a lounge/dining room and kitchen. To the first floor there is a landing leading to 1 bedroom and a bathroom.
Outside there are gardens to the front and side of the property. An allocated, off road parking space is provided just opposite the front of the property. The location of this can be seen detailed on the Title Plan – SGL418943 uploaded to Hammer Price Homes website.
The property requires full renovation throughout, and this sale is strictly open for cash buyers only due to the general condition and as it is believed the property is of non standard construction. Whilst we have not had a survey, it is believed that the property is constructed from an insulated timber frame as detailed in the EPC. Due to the construction type it is believed you would not be able to secure lending through a traditional mortgage. There will be no grounds for the buyer 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 anything relating to the non-standard construction type, for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.
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 ideally positioned for local primary schools and within walking distance to St Mary Cray Station, a South Eastern Train line with direct access to London Blackfriars and London Victoria. Locally the Nugent shopping centre with its various department stores is also a short walk away.
Orpington is located in the south east of London approximately 5 miles to the east of Bromley and 6 miles to the south of the South Circular (A205) with links directly to the A20 to the north (1.5 miles) and M25 at Junction 4 to the south (4 miles).
Special Conditions
This sale is strictly open for cash buyers only due to the general condition and the construction type; we feel the property is unmortgageable. There will be no grounds for the buyer 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 anything relating to the non-standard construction type, for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.
60 days to complete.
Tenure
Tenure – Freehold – Land Registry documents are available for download from the Hammer Price Homes website.
Other information
The Administrator / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services may be isolated.
Council Tax Band – C
EPC Rating – E
Utilities:
Primary source of Water Supply: Assumed Mains
Primary source of Electricity Supply: Assumed Mains
Primary source of Gas Supply: Information unknown
Source/s of heating: No system present, Electric Heaters Assumed
Primary arrangement for Sewerage/Drainage: Due to the property being on a residential street, it is assumed that it is connected to a public sewer.
Searches
Searches have been added and are available for download from the Hammer Price Homes website. The winning bidder will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee. Prospective buyers are to review all searches available prior to bidding.
Auction Details
** Strictly open for cash buyers only. 60 days to complete**
Auction ends – Wednesday 4th December 2:00pm (Subject to anti-sniping).
Bidding Window Opens – Monday 2nd December 2024 at 12:00pm (Bidding will not be possible until this time).
Starting price – £100,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)
Fees
All fees are payable by bank transfer only (we do not take card payments).
Reservation Fee – Please note that there is a Reservation Fee (3.6% of the eventual sale price, including VAT) payable by the buyer within 2 hours of 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.
Searches –The buyer is required to pay £300 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee.
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 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 or provide a property information form.
