3 Bedroom Detached House, 8 The Close, Leamington Spa, CV31 2BL

Overview

Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free, 3 bedroom detached house on a quiet residential street within walking distance to Leamington Spa Town Centre. This auction is open for cash buyers only.

The accommodation briefly comprises: To the ground floor there is an entrance porch and hallway leading to a living room, dining room and kitchen. On the first floor there are three bedrooms and a bathroom.

Outside there is a garden to the front of the property as well as a driveway and garage providing ample off street parking. There is a small alley to the side of the property providing access to the large rear garden.

The property is in need of modernisation and sits on a sizeable plot, offering scope for reconfiguration and extension, subject of course to gaining the necessary planning consents.

Due to the general condition of this property we believe it to be unmortgageable and therefore open the auction to cash buyers only, see special conditions for more information.

To view this property please visit the Hammer Price Homes website, register as a buyer and book your place on an open day.

Location

This property is located close to Leamington Spa town centre and its broad array of attractive amenities including shops, restaurants, supermarkets and schools. The property is well connected for commuters, with Leamington Spa railway station just a 10 minute walk away, offering regular services to London, Manchester and Birmingham. Bus links out of town to the likes of Warwick city centre are within easy reach and the M40 motorway can be reached in around 10 minutes from here. Green open spaces can also be found close by, including the award winning Jephson Gardens.

Special Conditions

Due to the condition, we believe this property to be unmortgageable and therefore open this auction to cash buyers only. You will not be able to withdraw from the sale with a return of the reservation fee citing issues around obtaining lending on the property.

Auction Details

** Open to cash buyers only. 90 Days to complete and no deposit payable**

Please note that there is a Reservation fee (2.4% Inc. VAT subject to a minimum of £2,400 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.

To view the property you must register and book on one of the open days as detailed on the website. (Please note: Entrance will be refused if you are not on the list so please make sure you book your place using the online system. Lists close 24 hours before the open day starts so book in plenty of time.)

Auction ends – Wednesday 18^th March 2020 at 1pm (please read anti-sniping rules which may extend the auction)

Bidding Window Opens – Monday 16^th March 2020 (Please note bidding won’t be possible until this time)

Starting price – £160,000 (Reserve price is higher & unpublished)

Other Information

Tenure – Freehold

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 and the buyer honoured to pay it. 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 with vacant possession and is sold as seen. The administrator and solicitor may not be able to answer the usual pre-contract questions.

Business Continuity & Stakeholder Welfare– RE: Coronavirus (COVID-19)

Dear Members & Business Partners

Given recent developments around Covid-19, we wanted to keep you informed of the steps we are taking to support business continuity and the welfare of our members, partners and employees.

Our business is an online business and we have contingency plans that can be put into immediate effect whereby all or part of our staff can work from home should we feel that the need arises. This will not have any adverse effect on our efficiency and ability to perform our duties.

In terms of gatherings at open days we will continue to ensure that viewings times are spread out sensibly to ensure numbers are minimal at any one time and we will issue guidance notes to all our open day hosts and viewers ahead of open days in the interests of health & safety.

We will also be working with all stakeholders, such as solicitors, buyers & vendors to ensure that agreed milestones are met. Should there be delays due to the current situation then we will act with fairness and common sense to achieve the best outcome for all parties.

We will continue to promptly divulge and act upon advice given by the Government and our regulatory body The Property Ombudsman (TPO).

If you have any queries or concerns with this regard then please call our business support team on 020 3814 1888

Thank you for your continued support during this period.