3 Bedroom Semi Detached House, 2 Marion Road, Hanham, Bristol, BS15 3LF

Overview

Hammer Price Homes are delighted to present for sale by online auction this 3 bedroom semi detached house in the area of Hanham, a suburb of Bristol. The auction is strictly open to cash buyers only, with 28 days to exchange and 60 days to complete.

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

To the outside there are gardens to the front and rear and a single garage and drive providing off-street parking for multiple vehicles.

The property and its grounds require significant renovation throughout and due to the condition we feel that the property is deemed unmortgageable, for this reason the sale is strictly open to cash buyers only.

A full 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.

The property is currently registered with possessory title, see ‘other information’ section (below) for further details.

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), for difficulties financing the purchase (through a mortgage or otherwise), or for any reasons surrounding the searches or possessory title.

If you are interested in viewing the property then please visit the Hammer Price Homes website, register as a buyer and book your place on an open day.

Location

The property is within walking distance to Hanham centre, which includes many local amenities including shops, schools, sports centre, pubs, restaurants and areas of public open space. Marion Road is also located within easy reach of bus routes with a regular service to Bristol City Centre, as well as benefitting from good road links.

Special Conditions

The property is sold as seen with strict timescales of 28 days for exchange and 60 days to complete (from draft contracts being received). This auction is strictly for cash buyers only and 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), for difficulties financing the purchase (through a mortgage or otherwise), or for any reasons surrounding the searches or possessory title.

Other Information

Tenure – Freehold – Possessory title. The deeds have been lost however the vendors solicitors have successfully registered the property with possessory title in the name of the administrator to the estate. The vendors will provide an indemnity policy that will cover the new buyer for any associated risks regarding the possessory title.

Searches – A full search pack is available for download on the listing on the Hammer Price Homes Website and should be reviewed prior to bidding. The cost of the searches (£250 plus vat) is payable by the buyer and is non-refundable under any circumstances, this is payable at the same time as the reservation fee.

Auction Details

** Open for cash buyers only, with strict timescales of 28 days for exchange and 60 days to complete (from draft contracts being received)**

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 – Wednesday 17^th May 2023 at 1pm (Subject to anti-sniping)

Bidding Window Opens – Monday 15^th May 2023 at 10am (Bidding will not be possible until this time)

Starting price – £176,000 (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 (its free to register) and book your place on an open day. 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 (registered in the name of the administrator) 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.