3 Bedroom, Semi detached House, 10 Patch Meadows Road, Cheadle, Stoke-on-Trent, ST10 1PX

Overview

Hammer Price Homes are pleased to present for sale by online auction this 3 bedroom, semi detached house in Cheadle, Stoke-on-Trent. The property is severely fire damaged and due to the condition, this sale is strictly open for cash buyers only (buyers who are not reliant on any form of finance).

The property briefly comprises: To the ground floor, an entrance hallway leading to a living room/dining room and a kitchen. To the first floor there is a landing leading to 3 bedrooms and a bathroom.

Outside, the property is set within a generous plot, with good sized gardens to the front, side and rear of the property, and a private driveway.

Due to the property condition, access to the first floor is prohibited for safety reasons. Viewings will be limited to part of the ground floor and exterior of the property only. *** The property is sold as seen *** (as per open day views and the photographs of the first floor). Whilst the property has been mostly cleared, all items that can be seen on the photography and at open days including white goods, will be left and form part of the sale. The buyer will be responsible to dispose of any items post completion.

The property is unregistered, the vendor’s solicitor holds the deeds. The buyer will be responsible for completing the first registration post completion, the epitome of title is readily available for download from the Hammer Price Homes website.

The property requires full renovation throughout, and this sale is strictly open for cash buyers only (buyers who are not reliant on any form of finance) due to the condition and the timescales of 28 days to complete, 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 any issues in financing the purchase, or for any information within the searches. The property is sold as seen on the advertising photographs and from viewing the ground floor only.

Prospective buyers are to obtain their own independent legal advice in relation to the Property, the Land Registry information and the Searches prior to taking part in the auction.

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 located in the market town of Cheadle, near Stoke on Trent and close to the high street, offering an array of local amenities including shops, restaurants etc. The property is well situated for accessibility to the area’s transport links and offers a number of options for commuters and families alike. Major roads easily accessible from Cheadle include the M6, which provides links to Stafford, Wolverhampton and Birmingham to the south, leading to Crewe, Manchester and Liverpool to the north. The A50 trunk road is around 5 miles away and provides convenient links to Stoke-on-Trent, Newcastle-under-Lyme, Burton upon Trent and Derby.

Special Conditions

This sale is strictly open for cash buyers only (buyers who are not reliant on any form of finance) due to the condition and the timescales of 28 days to complete, 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 any issues in financing the purchase, or for any information within the searches. The property is sold as seen on the advertising photographs and from viewing the ground floor only.

28 days to complete

Tenure

Tenure – Freehold – (Unregistered)

First registration – The property is currently unregistered, and the epitome of title and relevant conveyancing documentation can be viewed on the Hammer Price Homes website. The vendor’s solicitor holds all corresponding documents as detailed in the epitome of title to allow the buyer to proceed with officially registering the property with Land Registry once completion has taken place.

Prospective buyers are to obtain their own independent legal advice in relation to the Property, the Land Registry information and the Searches prior to taking part in the auction.

Other information

The Deputy / 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 – B

EPC Rating – F

Utilities:

Primary source of Water Supply: Assumed Mains

Primary source of Electricity Supply: Assumed Mains

Primary source of Gas Supply: Mains Gas Supply (information taken from EPC Certificate)

Source/s of heating: Room Heaters (information taken from EPC Certificate)

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. 28 days to complete**

Auction ends – Thursday 8^th May 2025 at 2:00pm (Subject to anti-sniping).

Bidding Window Opens – Tuesday 6^th May 2025 at 12:00pm (Bidding will not be possible until this time).

Starting price – £88,000 (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 subject to a minimum fee of £3,600 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. Viewings will be limited to the ground floor area and exterior of the property only.

Proof & Source of funds

In order to satisfy our Anti-Money Laundering obligations, winning bidders are required to complete their source of funds questionnaire within 24 hours of the close of the auction. This will detail how they will finance the purchase and provide supporting evidence as to the source of the funds (such as bank statements).  It is advised that anybody bidding on a property prepares this information prior to taking part in an auction so that it is readily available. See our buyers FAQ’s for further information.

Current proof of funds may also be requested from registered buyers, prior to enabling their account for bidding, as part of our affordability checks.

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 deputyship property and is sold as seen. The Deputy / 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.