86 Church Hill Road, Cheam, Sutton SM3 8LJ

3 Bedroom Terraced House, 86 Church Hill Road, Cheam, Sutton SM3 8LJ.

Overview

Hammer Price Homes are pleased to present for sale by online auction this 3 bedroom terraced house located in a sought after area of North Cheam. The sale is strictly open for cash buyers only.

The accommodation briefly comprises: To the ground floor there is an entrance porch & hallway leading to a living room, dining room, kitchen and a conservatory with patio doors leading to the rear garden. To the first floor there is a landing leading to 3 bedrooms and a recently refurbished bathroom.

Outside there is a front garden and a well sized garden to the rear. There is also a detached garage at the foot of the rear garden accessible via a gated entrance to the rear (see photo).

The property, which requires a program of modernisation, offers tremendous scope for re-configuration and extension (including the roof space) subject of course to gaining the necessary planning consents. The sale is strictly open to cash buyers only as due to the general condition, including a requirement to undertake what appears to be minor roof work, we feel that it would be difficult to obtain a standard residential mortgage on the property. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the general condition of the property, for any issues in financing the purchase or for any issues contained in the search pack provided. Prospective buyers are encouraged to view the property which is sold as seen.  Only those that have viewed via an open day will be permitted to bid.

There will be some small items of furniture, white goods, soft furnishings, and garden furniture left at the property (as will be evident at the open days and on the photography) and these will be part of the sale. The buyer will have to dispose of these items if they do not wish to keep them. Only the free-standing heater showing on the dining room photo and a small basket of hand tools will be removed prior to the sale completion.

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

Location

Situated in a sought after area of North Cheam close to local amenities and within walking distance of the highly regarded Ofsted Outstanding School, Cheam High and Cheam Park Farm Primary. North Cheam High Street is just over a mile away with its array of shops, restaurants, and Sainsbury Superstore. Local bus routes are easily accessible with services connecting to Morden Town Centre, with its underground station providing Northern Line services, Putney, and Wimbledon.

Special Conditions

This sale is open for cash buyers only as due to the condition the property is deemed unmortgageable. 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 of the property, for any issues in financing the purchase or for any issues contained in the search pack provided.  The property is sold as seen. 60 days to complete.

Tenure / Management information

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

Other information

The Administrator / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services maybe isolated.

Council Tax Band – D (Taken from government website – Sutton)

EPC Rating – E

Utilities:

Primary source of Water Supply: Mains

Primary source of Electricity Supply: Mains

Primary source of Gas Supply:  Mains

Source/s of heating: Boiler & Radiators (Taken from EPC)

Primary arrangement for Sewerage/Drainage: Due to the property being on a residential street, it is assumed that it is connected to a public sewer.

Searches

Searches have been added to the listing and are available for download from the Hammer Price Homes website. 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. Prospective buyers are advised to review all searches available prior to bidding.

Auction Details

** Open strictly for cash buyers only. 60 days to complete**

Auction ends – Wednesday 12th June 2024 at 1:00pm (Subject to anti-sniping).

Bidding Window Opens – Monday 10th June 2024 at 10:00am (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)

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) is 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 – Searches have been added to the listing and are available for download from the Hammer Price Homes website. The buyer 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.

Viewings

To view the property please visit the Hammer Price Homes website, register as a buyer and book your place on an open day. Bidding is only permitted for those who have viewed. Viewers are asked to do their best 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.