3 Bedroom, Semi detached House, 162 Crompton Way, Bolton, BL2 2SA

Overview

Hammer Price Homes are delighted to present for sale by online auction this 3 bedroom semi detached house situated in Bolton. For cash buyers only.

The accommodation comprises: To the ground floor there is an entrance leading to a lounge, dining room and kitchen. To the first floor there is a landing leading to 3 bedrooms, bathroom and separate W.C.

To the outside there is a garden to the front, and to the rear there is a generous sized garden. There is also a single garage and driveway providing off street parking.

The property requires significant modernisation throughout and is considered unmortgageable. This sale is therefore strictly open for cash buyers only with 60 days to complete from issue of draft contracts and is sold as seen.

Viewing is considered essential and those interested are asked to visit the Hammer Price Homes website, register as a buyer and book a place on an open day.

Location

The property is located in a popular residential area close to local amenities including shops, restaurants, nurseries, schools and areas of recreational green open space including Seven Acres Country Park. The property benefits from good public transport links, with Hall i’th Wood train station being a short commute away.

Special Conditions

The property is sold as seen. This sale is strictly open for cash buyers only as due to the condition the property is deemed unmortgageable. There will be no grounds 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) and for issues financing the purchase. 60 days to complete from issue of draft contracts.

Other Information

Tenure – Leasehold (899 years remaining) – the original underlease dated 11.07.1929 can be viewed on the Hammer Price Homes website.

Ground Rent – £4.50 per annum

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.

Online Auction Details

** Open for cash buyers only. 60 days to complete from issue of draft contracts. **

Auction ends – Wednesday 20^th September 2023 at 1pm (Subject to anti-sniping)

Bidding Window Opens – Monday 18^th September 2023 at 10am (Bidding will not be possible until this time).

Starting price – £120,000 (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.

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 FAQs 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.