2 Bedroom, Terraced House,  8 Clinton Street, Exeter, EX4 1AX

Overview

Hammer Price Homes are delighted to present for sale by online auction this 2 bedroom mid terrace house located with the popular residential area of St Thomas, Exeter. This sale is recommended for cash buyers only.

The accommodation comprises: to the ground floor there is a porch and entrance hall leading to a sitting room, dining room, kitchen and downstairs wet room. On the first floor there is a landing leading to 2 bedrooms and a bathroom.

Externally there is a small front garden, and an enclosed rear garden.

The auction is a good opportunity for somebody looking for a modernisation project.

This sale is recommended for cash buyers only as due to the general condition of the property and the 60 days to complete timescales of the auction, we feel it may be difficult to secure lending via a traditional mortgage. If you are looking to finance the purchase through a traditional mortgage then please ensure that you have checked with your lender prior to bidding. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around financing the purchase, or for anything contained within searches.

Searches have been added to the auction listing and are available for download from the Hammer Price Homes website.

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 St Thomas with access to local amenities, shops, schools and St Thomas park. The property is only a short commute to Exeter City Centre, providing a wide range of local amenities, shops, leisure facilities, pubs and restaurants, and benefits from good transport links via Exeter St Thomas and Exeter Central railway stations, along with the A30 and M5 motorway.

Special Conditions

This sale is recommended for cash buyers only as due to the general condition of the property and the 60 days to complete timescales of the auction, we feel it may be difficult to secure lending via a traditional mortgage. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around financing the purchase, or for anything contained within searches.

Other Information

Tenure – Freehold – Land Registry documents are available for download from the Hammer Price Homes website.

Online Auction Details

** Recommended for cash buyers only. 60 days to complete **

Auction ends – Thursday 29th February 2024 at 2pm (Subject to anti-sniping)

Bidding Window Opens – Tuesday 27th February 2024 at 10am (Bidding will not be possible until this time).

Starting price – £148,000 (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) 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 is 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.