Caernarvon Close, Spondon

Full Description

For sale by Unconditional ONLINE AUCTION

** Bidding Opens On 16th Dec 2024 12:00 – Scheduled End Date -17th Dec 2024 14:00 **

Minimum Opening Bid £88,000 Plus fees

Occupying a good size plot backing onto Borrow-Wood Park is this two bedroomed bungalow which would benefit from some modernisation/improvement. The property occupies an established cul-de-sac close to Spondon village and benefits from gas fired central heating and double glazing.

The accommodation briefly comprises:- reception hallway with ample storage space, spacious lounge/dining room, kitchen, two bedrooms and shower room.

Outside, there is a garden area to the front elevation and a good size south facing rear garden backing onto Borrow Wood Park. There is also the benefit of a parking space opposite the property.

Caernarvon Close is well situated for Spondon and its range of shops, schools and transport links together with excellent road links for the A52, M1 motorway, A50 and Nottingham East Midlands Airport.

Terms:

Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
Minimum Opening Bid £88,000 Plus fees
** Bidding Opens On 16th Dec 2024 12:00 – Scheduled End Date -17th Dec 2024 14:00 **
Two-Bedroomed Bungalow Occupying A Good Size Plot Backing onto Borrow Wood Park
Would Benefit From A Scheme Of Modernisation
Good Size Lounge, Kitchen And Ample Storage Space/Cupboards
South Facing Rear Garden

Referral Fees

We recommend our preferred partner law firms who are solicitors selected by Us for their experience and efficiency in providing conveyancing services. We receive a referral fee of £225 - £250 per completed transaction. They are independent professionals upon whom You can rely for independent and confidential advice. Their conveyancing charges are available on request. We recommend our preferred partner Mortgage intermediaries who are mortgage specialists available to provide you with the advice you need and who will take care of everything from explaining options and helping you select the right mortgage, to choosing the most suitable protection for you and your family and handling the whole application process. We receive a referral fee of approximately £350 per completed transaction. We recommend our preferred partner Insurance Company who provide Buildings and Contents Insurance. We receive a referral fee of approximately £25 per completed transaction. We recommend our preferred partner Removal Company for home removals. We receive a referral fee of £50 per completed transaction. Prospective purchasers are NOT obliged to use our preferred partner services.