3 Bedroom Terraced House, 17 Wellington Grove, Stockport, SK2 6RH.

Overview

Hammer Price Homes are delighted to present for sale by online auction this 3-bedroom terraced house in the Shaw Heath area of Stockport.

Due to its general condition, the property is deemed unmortgageable, therefore this auction is open to cash buyers only.

This period property briefly comprises: To the ground floor there is an entrance hallway leading to a lounge, dining room and kitchen. To the first floor there are 3 bedrooms and bathroom. This property benefits from a large basement, with multiple rooms, providing useful storage space.

Outside there is a small front garden and a well sized garden to the rear.

The property requires extensive renovation throughout and this sale is strictly open for cash buyers only as due to the condition you would not be able to obtain a standard mortgage on the property. 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), or for issues financing the purchase.

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

Location

This property is located within the Shaw Heath area of Stockport and is located close to schools, shops and local amenities. The location benefits from good public transport links along the A6, with Stockport Town Centre and Stockport Train Station less than 10 minutes away by bus and with links to Manchester City Centre.

Special Conditions

The property is sold as seen. This sale is 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), or for issues financing the purchase.

Other Information

Tenure – Leasehold – (773 years remaining – dated 25 December 1898) – Land Registry documents are available for download from the Hammer Price Homes website.

Lease – A copy of the lease is available for download from the Hammer Price Homes website and should be reviewed prior to bidding.

Auction Details

** Open for cash buyers only. 90 days to complete**

Please note that there is a Reservation fee (3% 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 – Thursday 15^th June 2023 at 1pm (Subject to anti-sniping)

Bidding Window Opens – Tuesday 13th June 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)

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 to stick to their time slot precisely.

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 have never lived at the property so may not be able to answer the usual pre-contract questions.