2 Bedroom Terraced House, 31 Gidlow Lane, Wigan, WN6 7DP

Overview

Hammer Price Homes are delighted to present for sale by online auction this 2-bedroom terraced house in Wigan. Due to the general condition and 60 completion requirement, the Auction is recommended for cash buyers only.

The accommodation comprises: To the ground floor there is an entrance porch leading to a living room and kitchen. To the first floor there is a landing leading to 2 bedrooms and a wet room.

Outside is a well-sized yard to the rear, parking is available on the street.

The property requires some modernisation throughout and due to the general condition and completion requirements (60 days) we would recommend this for cash buyers. There will be no grounds to withdraw from the sale with a return of the reservation fee citing issues around the general condition of the property or for issues around financing the purchase. There are 60 days to complete.

The property is unregistered, the solicitor holds the deeds. The buyer will be responsible for the first registration once the sale has been completed.

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

Location

The property is within walking distance to Wigan Town Centre providing access to a number of local amenities. The popular Mesnes Park is also just a short walk away, as are both of Wigan’s Train Stations which provide regular direct services to both Manchester and London.

Special Conditions

This sale is recommended for cash buyers only due to the general condition and completion requirements (60 days) we feel it may be difficult to finance through a standard residential mortgage. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the general condition of the property or for issues financing the purchase. First registration is to be done by the buyer post completion. 60 days to complete.

Other Information

Tenure – Freehold (Unregistered)

First registration – The property is unregistered, 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**

Auction ends – Wednesday 15^th November 2023 at 1pm (Subject to anti-sniping)

Bidding Window Opens – Monday 13^th November 2023 at 10am (Bidding will not be possible until this time).

Starting price – £48,000 (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 subject to a minimum fee of £3,600 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.