14 Penistone Avenue, Rochdale, OL16 4AL

2 Bedroom, Semi Detached House, 14 Penistone Avenue, Rochdale, OL16 4AL

Online Auction Details

Hammer Price Homes are delighted to present for sale by online auction this 2-bedroom semi-detached house situated in a popular residential area in Rochdale.

** Open to cash buyers only. 60 Days to complete and no deposit payable**

Online Auction ends – Thursday 3^rd August 2023 at 1pm (Subject to anti-sniping).

Online Bidding Window opens – Tuesday 1^st August 2023 at 10am (Bidding will not be possible until this time).

Starting price – £112,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms).

Reservation Fee – Please note that there is a Reservation Fee (3.6% Including VAT subject to a minimum fee of £3,600 Including VAT) payable by the buyer within 2 hours of winning the auction.

Property Description

The property is located in a popular residential area close to local amenities including shops, a large super market and Kingsway Retail Park. The property benefits from motorway links to the M62 and good public transport links and is within walking distance to Newbold Metrolink stop, with direct links to Rochdale Town Centre and Manchester City Centre.

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

Outside there are well presented gardens to the front and rear. The property benefits from a driveway to the front and side of the property, as well as a single garage.

This property is unregistered, and the draft epitome of title and corresponding documents can be viewed on the Hammer Price Homes website. Please see the document titled ‘Property Boundary’ for the property ownership extent.

This sale is strictly open for cash buyers only and with 60 days completion. The vendors require a quick sale (60 day completion) and have therefore opened this auction to cash buyers only who are not reliant on mortgage lending.

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

Special Conditions

The property is sold as seen. This sale is strictly open for cash buyers only and with 60 days completion. The vendors require a quick sale (60 day completion) and have therefore opened this auction to cash buyers who are not reliant on mortgage lending. There will be no grounds to withdraw from the sale with a return of the reservation fee citing issues around the general condition of the property  and for issues financing the purchase, or for anything within the searches.

Other Information

Tenure – Freehold (unregistered)

First registration – the property is currently unregistered, and the draft epitome of title and corresponding documents can be viewed on the Hammer Price Homes website. The vendor’s solicitor holds all relevant conveyancing documentation 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.

Fees

Reservation Fee – Please note that there is a Reservation Fee (3.6% Including VAT subject to a minimum fee of £3,600 Including 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 – A search pack is available for download on the listing on the Hammer Price Homes Website. The buyer will be required to pay for the search pack which is £250 plus 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 enquiries, or provide a property information form.