Oak Close Cottage, Holton, Oxford, OX33 1PR

3 Bedroom Detached House – Oak Close Cottage, Holton, Oxford, OX33 1PR

Overview

Hammer Price Homes are delighted to present for sale by online auction a unique opportunity to purchase this vacant & chain free, 3 bedroom detached house on a generous plot in Holton. The auction is open to mortgage buyers also.

The accommodation briefly comprises: To the ground floor there is an entrance porch leading to a well sized lounge and a kitchen / dining room. The first floor, which is accessed via a spiral staircase, provides 3 bedrooms and a bathroom. There is also a loft room and eaves providing ample storage.

The property, which is located on green belt land offers a well sized plot and provides gardens to the front, sides and rear. There is also a driveway and garages providing ample off street parking. See floor plan for further information.

Oak Close Cottage is in need of modernisation throughout and would perhaps benefit from some reconfiguration and possible extensions, subject to gaining the necessary planning and consents. Please take necessary advice in regards to planning applications on green belt land, any planning should applications should be made post completion.

The property is unregistered however the solicitor has the deeds and has provided epitome of title and there should be no issues with the new buyer getting good title with the first registration. Searches are also provided, please see the other information section for further details. Searches are payable by the winning bidder at a cost of £500 plus vat, this is payable at the same time as the reservation fee.

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

Location

The property is located close to the amenities on offer in Wheatley and is just a 20 minutes’ drive to Oxford City Centre which provide access to a wealth of shopping, eating and leisure facilities. The property is also very well placed for commuters, with access to the major road network close by, including the M40.

Other Information

Tenure – Unregistered Freehold – The solicitor has the deeds and there are no problems envisaged for the buyer gaining good title on the first registration. Please see the epitome of title on the Hammer Price Homes website and the relevant conveyance documents.

Searches – these are also available for download from the Hammer Price Homes website. The cost of the searches £500 plus vat is payable by the buyer and is non-refundable under any circumstances, this is payable at the same time as the reservation fee.

Special Conditions

There will be no ground to withdraw from the sale with a return of the reservation fee for reasons surrounding anything that is present in the searches. The searches and epitome of title have been shared so that buyers can review the documents prior to bidding.

Auction Details

** Open for mortgage buyers also. 90 days to complete**

Please note that there is a Reservation fee (3% 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 – Thursday 8^th September 2022 at 1pm

Bidding Window Opens – Tuesday 6^th September 10am (Bidding will not be possible until this time)

Starting price – £420,000 (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. Please register as a buyer on the Hammer Price Homes website and book in for an open day.

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 property is sold as seen. This is a probate sale so the solicitor / administrator may not be able to answer the usual pre-contract questions.