2 Bedroom Terraced House, 23 Dixon Street, Horwich, Bolton, BL6 7PH

Overview

*Cash buyers only*

Hammer Price Homes are pleased to present for sale by online auction this vacant & chain free, 2 bedroom terraced house in Horwich.

Due to the condition this property is considered unmortgageble, for this reason this auction strictly for cash buyers only.

The property briefly comprises: To the ground floor there is an entrance leading to a lounge, dining room, kitchen and bathroom. To the first floor are 2 bedrooms.

Outside there is a low maintenance yard to the rear.

The property is in need of significant modernisation throughout and due to the condition this auction is open for cash buyers only as we believe it will not be possible 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 condition of the property, including anything of a structural nature.

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 street and is within walking distance to a number of local amenities including shops, a post office and Horwich Leisure Centre.  There are also a number of green open spaces close-by. Bolton Town Centre is around a 20 minute drive from here and offers a more extensive range of shopping and leisure facilities. The property is also very well placed for commuters, with access to the major road networks close by, including the M61, which can be reached in less than 10 minutes from here

Special Conditions

This auction is open 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, including anything of a structural nature.

Other Information

Tenure – Leasehold (852 years remaining) – See land registry documentation for further information.

Auction Details

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

Please note that there is a Reservation fee (3% 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 11^th May 2022 at 1pm (subject to anti-sniping)

Bidding Window Opens – Monday 9^th May 2022 (Bidding will not be possible until this time)

Starting price – £50,000 (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. Please register as a buyer on the Hammer Price Homes website and book in for an open day.

We will continue to keep abreast of Government guidelines re Covid-19. This property is vacant which means we are comfortably be able to conduct viewings whereby safe distancing is adhered to.  Viewers must to 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 property is sold as seen. This is a probate sale so the solicitor / administrator may not be able to answer the usual pre-contract questions.