2 Bedroom, Semi-Detached Bungalow, 184 Gorseway, Romford, RM7 0SH

Overview

Hammer Price Homes are pleased to present for sale by online auction this 2 bedroom semi-detached bungalow in Romford. This auction is open to mortgage buyers with 90 days to complete.

The property briefly comprises: To the ground floor, an entrance hallway leading to a large lounge area open to a dining room, kitchen, rear reception room, 2 bedrooms and a bathroom.

Outside there is a front garden and driveway providing off road parking. To the rear, the property benefits from a good sized garden and a detached garage.

The property offers a blank canvas for somebody looking to put their own stamp on a property and presents a good opportunity for both home buyers and investors.

Whilst we welcome mortgage buyers to take part in the auction, if you are looking to finance the property through a traditional mortgage then please ensure that you have a mortgage in principle approved for the amount you are bidding.

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 situated in a popular residential area close to local shopping and educational facilities in Romford Town Centre, as well as good transport links including Romford Overground and Rail Station with direct links to London.

Tenure

Tenure – Freehold – Land Registry documents and the Conveyance dated 16 December 1932 are available for download from the Hammer Price Homes website.

Other information

The Administrator / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services may be isolated.

Council Tax Band – D

EPC Rating – D

Utilities:

Primary source of Water Supply: Assumed Mains

Primary source of Electricity Supply: Assumed Mains

Primary source of Gas Supply: Mains Gas Supply (information taken from EPC Certificate)

Source/s of heating: Boiler & Radiators (information taken from EPC Certificate)

Primary arrangement for Sewerage/Drainage:  Due to the property being on a residential street, it is assumed that it is connected to a public sewer.

Auction Details

** Open for mortgage buyers. 90 days to complete**

Auction ends – Wednesday 21^st August 2024 at 1:00pm (Subject to anti-sniping).

Bidding Window Opens – Monday 19^th August 2024 at 12:00pm (Bidding will not be possible until this time).

Starting price – £232,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Fees

All fees are payable by bank transfer only (we do not take card payments).

Reservation Fee – Please note that there is a Reservation Fee (3.6% Including VAT) payable by the buyer within 2 hours of 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.

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 stick to their time 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 has never lived at the property so may not be able to answer the usual pre-contract questions or provide a property information form.