3 Bedroom End Terraced House, 16 Frome Drive, Manchester, M8 0GA
Overview
Hammer Price Homes are pleased to present for sale by online auction this vacant & chain free, 3 bedroom end terraced house in Crumpsall.
Due to the general condition of the property we feel it would be unmortgageable with most lenders and therefore recommend this auction for cash buyers only.
The property briefly comprises: To the ground floor there is an entrance hall leading to a living room, dining room and kitchen. To the first floor are 3 bedrooms and a bathroom.
Outside there are gardens to the front and rear and a driveway to the front of the property providing off street parking. Please see the land registry title plan for boundary information.
The property is in need of modernisation throughout and due to the general condition this auction is recommended for cash buyers only as we believe it will be difficult to finance through a traditional mortgage. The property is sold as seen and you will not be able to withdraw from the sale with a return of the reservation fee citing issues around securing lending on the property or for reasons concerning the general condition of the property.
To view this property please visit the Hammer Price Homes website, register as a buyer and book your place on an open day.
Location
The property is located on a quiet residential cul-de-sac close to local amenities and just a 15 minutes’ drive from Manchester City Centre. There are also a number of green open spaces that are within walking distance from here, including Smedley lane playing fields and Queens Park. North Manchester General Hospital is just a 5 minutes’ drive from here.
Special Conditions
This auction is recommended for cash buyers only as due to the condition we feel you will not be able to secure lending on the property through a traditional mortgage. You will not be able to withdraw from the sale with a return of the reservation fee citing issues around securing lending on the property or for reasons concerning the condition of the property.
Other Information
Tenure – Freehold – see land registry documentation for further information
Auction Details
** Recommended for cash buyers only. 90 days to complete**
Please note that there is a Reservation fee (2.4% Inc. VAT subject to a minimum 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 – Wednesday 24th November 2021 at 1pm (subject to anti-sniping)
Bidding Window Opens – Monday 22nd November 2021 (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)
Viewings
Bidding is only permitted for those who have viewed.
We will continue to keep abreast of Government guidelines re Covid-19. This property is vacant which means we should comfortably be able to conduct viewings whereby safe distancing is adhered to. We allow a maximum of 2 bookings per 15 minute time slot. Viewers must to stick to their time precisely.
Please try and maintain a safe distance if you are in the property at the same time as another viewer who is not from your household.
The wearing of face masks whilst currently not mandatory is advisable.
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 solicitors may not be able to answer the usual pre-contract questions.