3 Bedroom Semi Detached House, 36 Bermuda Road, Tilbury, Essex, RM18 7DA
Overview
Hammer Price Homes are pleased to present for sale by online auction this vacant & chain free, 3 bedroom Semi Detached House in a quiet residential street in Tilbury. This is recommended for Cash Buyers Only.
The accommodation which is arranged over 3 floors briefly comprises: To the ground floor there is an entrance hallway leading to a reception room, open plan kitchen / diner, lean-to and a W.C. To the first floor there are 3 bedrooms and a bathroom. The attic has also been converted to make additional living space (No Building Regs).
Outside there is a small garden to the front of the property and a well sized garden to the rear. Please note that it is only the property and the gardens that are included in this sale, the garage at the end of the garden does not form part of this sale.
The property is in need of significant modernisation throughout and has significant damp issues which are highlighted in the attached Damp Report. Due to the general condition, including the damp issues mentioned above, this auction is recommended for cash buyers only as we believe it will be very difficult 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 general condition of the property including those items mentioned above. The above issues are the reasons for the investigative works that are evident to the ground floor of the property.
The property would be ideal for those looking for a renovation project and offers scope for reconfiguration/extension subject to gaining the necessary planning consents.
Viewing is considered essential so please visit the Hammer Price Homes website, register as a buyer and book your place on an open day. The open day will be controlled safely due to the condition of the property and will be limited to one booking per 15 minute timeslot.
Those that have viewed this property via another Agent may be liable for that agents seller fees if winning the auction. Please do let us know if you are planning on taking part in the auction but have already viewed the property via another agent.
Location
The property is ideally located within walking distance to local shops and Tilbury Town mainline railway station with a regular service to London Fenchurch Street in around 40minutes.
Special Conditions
This auction is open for cash buyers only as due to the condition outlined in the overview section of the listing as 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 the damp issue.
Other Information
Tenure – Freehold
Garage not included – As highlighted in the overview section, only the property and the gardens are included in the sale. The garage is being kept by the current owner and will be removed from the title.
Auction Details
** open for cash buyers only. 90 days to complete**
Please note that there is a Reservation fee (2.4% 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 – Thursday 4th November 2021 at 1pm (subject to anti-sniping)
Bidding Window Opens – Tuesday 2nd November 2021 (Bidding will not be possible until this time)
Starting price – £192,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)
Viewings
We will continue to keep abreast of Government guidelines re Covid-19. This property is vacant which means we should comfortably be able to conduct viewings whereby safe distancing is adhered to. We are allowing a maximum of 1 bookings per 15 minute time slot. Viewers must to stick to their time precisely.
Please try and maintain a safe distance if you are in the property at the same time as another viewer who is not from your household.
The wearing of face masks whilst currently is not mandatory, is advisable.
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. The vendors / solicitor may not be able to answer the usual pre-contract questions
