4 Bedroom Terraced House, 65 Fairlands Avenue, Thornton Heath, CR7 6HD
Overview
Hammer Price Homes are pleased to present for sale by online auction, this vacant & chain free, large 4 bedroom house on a popular residential street in Thornton Heath. This auction is recommended for cash buyers only.
The property briefly comprises: To the ground floor there is an entrance hallway leading to a living room, dining room and kitchen, there are is also a lean to / conservatory at the back of the property which is split into two sections.
To the first floor are 3 bedrooms and a bathroom with separate W.C. The property also benefits from having had the attic converted which provides a large landing (could be used as a study), a 4th bedroom and a storage room.
Outside there are gardens to the front and rear of the property.
The property appears to have solar panels on the roof at the rear of the property, these are believed to be owned by the property and we are not sure if they are working or to what level they are supplying energy to the property.
We have ordered the local search which is available for download from the Hammer Price Homes website. This is to assist with the conveyancing process as local searches are delayed in many areas.
The property is in need of renovation throughout suiting those looking for a modernisation project. Due to the general condition of the property, including the damaged ceiling and roof (above the bathroom) and its gardens, we feel it may be difficult to obtain lending on the property through a traditional mortgage and for this reason, recommend that this auction is for cash buyers only. If you are arranging finance to purchase the property, then please check with your lender prior to bidding as there will be no return of the reservation fee should you have to withdraw from the purchase citing issues around securing lending on the property.
To view this property, please visit the Hammer Price Homes website, register as a buyer and book a spot on an open day.
Location
The property is located in a popular residential area within walking distance to a number of local amenities. Croydon Town Centre is just a 10 minute drive from here and provides access to an extensive range of shopping, eating and leisure facilities. The property is also well placed for commuters; with Thornton Heath train station located just a 20 minute walk from here, providing regular direct service to London Victoria and London Bridge stations, both of which can be reached in less than 30 minutes.
Special Conditions
This auction is recommended for cash buyers only as due to the condition we feel that it may be difficult 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.
Other Information
Tenure – Freehold – see land registry information for more information which is available for download from the Hammer Price Homes website
Local Search -We have ordered the local search which is available for download from the Hammer Price Homes website. This is to assist with the conveyancing process as local searches are delayed in many areas.
Auction Details
** Recommended 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 – Wednesday 20th October 2021at 1pm (subject to anti-sniping)
Bidding Window Opens – Monday 18th October 2021at 10am (Bidding will not be possible until this time)
Starting price – £320,000 (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.
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.
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 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 is a probate property and is sold as seen. The vendors / solicitor may not be able to answer the usual pre-contract questions