2 Bedroom, Terraced House,  31 Oxford Way, Stockport, SK4 1JR

Overview

Hammer Price Homes are delighted to present for sale by online auction this 2 bedroom Terrace house located in Heaton Norris, Stockport. The sale is strictly open for cash buyers only.

The accommodation comprises: to the ground floor an entrance leading to a lounge, kitchen and bathroom. On the first floor there is a landing leading to 2 bedrooms. The property also benefits from a cellar, providing useful storage space.

Externally there is a paved rear garden.

The property requires full renovation throughout and this sale is open for cash buyers only due to the general condition, we feel 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.

Searches have been ordered and will be added to the auction listing prior to the bidding window opening. The winning bidder will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee.

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 located in the popular residential area of Heaton Norris with access to a wide range of local amenities, shops, leisure facilities, schools and with good transport links to the M60 motorway. The location benefits from good public transport links along the A6, with regular services to Stockport Town Centre, Stockport Train Station and Manchester City Centre.

Special Conditions

The sale is strictly open for cash buyers only and 60 days to complete. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition (including anything of a structural nature), or for anything relating to financing the purchase, or for anything concerning information in the searches.

Other Information

Tenure – Leasehold (854 years remaining) – Land registry information is available for download from the Hammer Price Homes website and should be reviewed prior to bidding.

Ground Rent – £5.04 per annum.

Online Auction Details

** Strictly open for cash buyers only. 60 days to complete**

Auction ends – Thursday 25^th January 2024 at 2pm (Subject to anti-sniping)

Bidding Window Opens – Tuesday 23^rd January 2024 at 10am (Bidding will not be possible until this time).

Starting price – £72,000 (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% Inc. VAT, subject to a minimum £3,600 Inc. 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.

Searches – The buyer is required to pay £300 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee. A search pack we be available for download on the listing on the Hammer Price Homes Website prior to the opening of the bidding window.

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.