12 Cradley Drive, Middlesbrough, TS5 8HF

2 Bedroom, Semi-Detached Bungalow, 12 Cradley Drive, Middlesbrough, TS5 8HF

Overview

Hammer Price Homes are delighted to present for sale by online auction this 2-bedroom semi-detached bungalow in a quiet and sought after residential area. The auction is recommended for cash buyers only.

The accommodation briefly comprises: To the ground floor there is an entrance hallway leading to a lounge, kitchen, dining room, 2 bedrooms and a bathroom.

Outside there are gardens to the front and rear and the property benefits from having a driveway and detached garage providing ample off-street parking.

The property presents a good opportunity for those looking for a modernisation project and offers scope for reconfiguration and possible extension, subject to gaining the necessary planning and consents. The property is sold as seen.

This sale is recommended for cash buyers only as due to the general condition of the property and the low EPC rating (F) we feel it may be difficult to secure lending via a traditional or Buy-to-let mortgage. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around financing the purchase, or for anything contained within searches.

Searches have been ordered and will be made available for download from the Hammer Price Homes website prior to the bidding taking place.

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 within easy reach of amenities and public transport links. Marton station is 2 ½ miles away with a direct service into Middlesbrough in under ten minutes. Located in prime catchment for St Clare’s RC and Acklam Whin primary.

Special conditions

This sale is recommended for cash buyers only as due to the general condition of the property and the low EPC rating (F) we feel it may be difficult to secure lending via a traditional or Buy-to-let mortgage. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around financing the purchase, or for anything contained within searches. 60 Days to Complete.

Other Information

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

Auction Details

** Recommended for cash buyers only. 60 days to complete **

Auction ends – Thursday 7^th March 2024 at 1.30PM (Subject to anti-sniping)

Bidding Window Opens – Tuesday 5^th March 2024 at 10:00am (Bidding will not be possible until this time).

Starting price – £116,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Fees

Reservation Fee – Please note that there is a Reservation Fee (3.6% Inc. VAT) payable by the buyer within 2 hours of winning the auction. Payment is to be made by Bank Transfer; we do not accept card payments. 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 – Searches have been added to the auction listing. The buyer 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.

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 are asked to keep to their appointment time.

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.