FOR SALE BY AUCTION

Description

Exciting Investment Opportunity – Spacious 5-Bedroom Semi-Detached House on a Large Plot – Development Potential (STNC)

Situated in the bustling area of Tuebrook, this substantial 5-bedroom, three-storey semi-detached house offers a prime opportunity for investors and developers alike. Set on an extensive plot, this property is perfect for those looking to modernise or potentially redevelop, with scope for further expansion or alterations, subject to the necessary consents.

The house itself retains much of its original character and features two generous reception rooms, a parlour leading to the kitchen, and a downstairs shower room alongside a utility room. The first floor accommodates four good-sized bedrooms and a family bathroom, while the top floor includes a fifth bedroom and a store room, offering flexible space for a variety of uses.

Outside, the large garden area includes brick-built storage buildings, providing further potential for development or conversion. The property also comes equipped with a Worcester boiler, offering a solid foundation for modernisation.

With its sizeable plot and versatile layout, this property offers huge potential for refurbishment or redevelopment (subject to the necessary consents). Whether you're looking to renovate for resale, create rental opportunities, or explore development possibilities, this is an investment opportunity not to be missed.

Method of Auction:

- This is a ‘Timed Online’ auction, meaning bidding takes place online.
- Visit The Auction Company website find the property details and the bidding method.
- How long the bidding process is open for, is clearly stated as is the closing date and end time.

Registering to bid:

- In order to bid on the property, you are required to register your details.
- You will be required to undertake identity checks as this is the law.
- You will be required to register your payment details. This is to ensure you have funds available to settle the Buyer’s Premium and deposit.
- A hold/shadow will be placed on £1,000 for this.
- If you place a bid, it is deemed you have read, understood and agree to the Terms and Conditions of The Auction Company in their entirety.
- T&Cs, Buyers Terms and Special Auction Conditions are found on each property details. You must read these before bidding.

Auction type - Traditional Method of Auction (Unconditional):

- If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end and complete with 28 days.
- The held amount of £1,000 will be deducted from your account and forms the Buyer’s Premium minimum amount.
- You will be contacted within 2 hours to settle the deposit amount payable and any remaining Buyers Premium due.
- The Buyer’s Premium is set at 4% + VAT (£5,000 + VAT minimum). This is non-refundable and does not constitute towards the cost of the property.
- The deposit amount is 10% of the sale price and will be collected within 2 hours of the close of auction.

Legal Pack:

- The legal pack is a set of documents that relate to the property and the sale of it.
- It is highly recommended that you download and consider the provided legal pack for the property you are interested in bidding on.
- It is also advisable that you seek legal advice regarding the content of the legal pack, to ensure certainty before bidding.
- To download the legal pack, search for The Auction Company website and find the property of interest. There is a tab for ‘legals’ where you will find the documents. To download, you must create a free account with The Auction Passport.
- The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.

Special Conditions of Sale:

- These conditions are not set by The Auction Company. They are conditions stipulated by the seller and are contractually binding.
- You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

Council Tax Band

C