2 Bedroom Semi-Detached Cottage, The Old School, Hook Common, Hanley Castle, Worcester, WR8 0AX
Overview
Hammer Price Homes are delighted to present for sale by online auction a unique opportunity to purchase this vacant & chain free, 2 bedroom semi-detached cottage in Hook Common. Due to the condition of the property, this auction is for cash buyers only.
The property briefly comprises: To the ground floor there is an entrance hallway leading to a living room, dining room, kitchen and downstairs W.C. / store. To the first floor are 2 bedrooms and a family bathroom.
The property sits on a sizeable plot with gardens to the front, side and rear which are bound by established hedges. Off street parking is also available to the front of the property. There are also a number of outbuildings that have fallen into a state of disrepair.
Please note that the attached neighbouring property owners have expressed an interest to purchase part of the rear garden. Please see the other information section fort further details.
The property is in need of significant renovation throughout and would be of appeal to those looking for a project that offers possible scope for reconfiguration and extension, subject of course to gaining the necessary planning and consents.
Due to the general poor condition and the low EPC rating, the auction is open for cash buyers only; there will be no grounds to withdraw from the sale with a return of the reservation fee citing issues around securing a mortgage on the property, or for reasons to do with the condition of the property. The price is reflective of the works that are required.
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 Old School is located in the quiet settlement of Hook and is situated approximately 2 miles west from the small town of Upton Upon Severn, which is situated within the Malvern Hills district of Worcestershire and offers a small range of facilities and amenities. For a more extensive range of facilities, the larger town of Malvern is located approximately 6 miles away from here and the City of Worcester is approximately 13 miles.
The property benefits from good road connectivity, being just 6 miles north from the M50, which connects to the M5 at junction 8.
Special Conditions
This auction is open for cash buyers only as due to the condition and low EPC rating we feel it will be difficult to obtain lending on the property through a traditional mortgage. The property is sold as seen. 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.
Any decision by the buyer to sell part of the land to the neighbour should be handled post completion.
Other Information
Tenure – Freehold. The land registry information and the relevance conveyance documents are available for download from the Hammer Price Homes website.
Potential sale of part of the garden – Please note that the attached neighbouring property owners have expressed an interest to purchase part of the rear garden. If this is of appeal to the buyer of the old school, then it should be sorted post completion with the neighbours and should not delay completion.
The section of the garden that had been proposed to be purchased can seen by downloading the document titled ‘proposed purchase of land’ from the Hammer Price Homes website. The area to potentially be purchased is shown in green on the plan. The figure that was previously offered was £15,000 which obviously could be subject to change with the passing of time and may not be something that is still on the table at any future point in time. The buyer is not obliged to sell the land, nor is the neighbour obliged to purchase it.
Any decision by the buyer to sell part of the land to the neighbour should be handled post completion.
Auction Details
** open for cash buyers only. 90 days to complete**
Please note that there is a Reservation fee (2.4% 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 30th September 2021 at 1pm (subject to anti-sniping)
Bidding Window Opens – Tuesday 28th September 2021 (Bidding will not be possible until this time)
Starting price – £160,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)
Viewings
We will continue to keep abreast of Government guidelines re Covid-19. This property is vacant which means we should comfortably be able to conduct viewings whereby safe distancing is adhered to. We allow a maximum of 2 bookings per 15 minute time slot. Viewers must to stick to their time precisely.
Please try and maintain a safe distance if you are in the property at the same time as another viewer who is not from your household.
The wearing of face masks whilst currently is not mandatory, is advisable.
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
