Detached Bungalow, 1 Laithbutts Lane, Nether Kellet, LA6 1EB

Overview

Hammer Price Homes are pleased to present for sale by online auction this vacant & chain free, detached bungalow in Nether Kellet.

The building is severely fire damaged and will possibly need demolishing and rebuilding. The property is not mortgageable, therefore, this auction is open to cash buyers only.

Due to the condition of the property, it has been deemed unsafe to enter and as such we are not carrying out viewings. If you do decide to look at the property from the outside, then do not touch the building, it is also advised that you wear protective clothing / hard hat. We have also been advised that there are rat traps located in the property grounds so please tread carefully. Any viewings are at your own risk.

The roof has been removed from the property in order for an insurance inspection to take place.

It is believed that the property would have an approximate internal floor area of around 1,450 square foot; this is based on the assumption that the first floor extends the full length of the building.  We are not sure on the internal layout / amount of bedrooms, bathrooms or reception rooms.

There are gardens to the front and rear and a driveway and garage providing ample off street parking. You can see the title plan available for download from the Hammer Price Homes website for boundary information.

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 lending or for any reasons due to the condition / structure of the property. Any planning applications should be made post completion.

If you are looking to bid on the property then please register as a buyer on the Hammer Price Homes website and call the office (020 3814 1888) to discuss.

Location

The property is located in the popular village of Nether Kellet and is just a 5 minutes’ drive to Cornforth Town Centre which offers a good range of local amenities including shops, supermarkets and pubs and restaurants.

Special Conditions

This auction is open for cash buyers only. 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 any reasons concerning the condition / structure of the property. The Property is sold as seen. Any planning applications should be made post completion.

Other Information

Tenure – Freehold – See land registry documents which are available for download from the hammer price homes website.

Auction Details

** Open to cash buyers only. 90 days to complete**

Please note that there is a Reservation fee (2.4% Inc. VAT) subject to a minimum of £3,000 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 11^th August 2021 at 12pm

Bidding Window Opens – Monday 9^th August 2021 (Bidding will not be possible until this time)

Starting price – £44,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Viewings

Due to the condition of the property, it has been deemed unsafe to enter and as such we are not carrying out viewings. If you are looking to bid on the property then please register as a buyer on the Hammer Price Homes website and call the office on 020 3814 1888 to discuss.

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