A freehold three bedroom terrace house in need of modernisation and repair with an extent of 967 SQFT (Title number: SL7688)
FOR SALE BY AUCTION: To be sold by public auction on the administrator's instruction. A freehold three bedroom terrace house in need of modernisation and repair with an extent of 967 SQFT. WIth drive parking and a large back garden with direct access. Ideal for investors and developers. To be sold via online bidding on Friday, 15 November 2024.
Auctioneers comments: 'A unique opportunity to bid on and buy a freehold property in an area in which houses like this rarely come to the market with potential resale once modernised and repaired.'
Auction date
The property is to be sold by public auction on Friday, 15 November 2024 via a 2-hour online bidding window.
Description
Freehold, three bedrooms, front garden, rear garden, 967 SQFT, in need of modernisation and repair
Location
Kemberton, Shropshire, West Midlands
Accommodation
Ground floor: kitchen, WC, living room, conservatory, ginnel
First floor: three bedrooms, WC, bathroom
Outside
Front garden, drive parking, rear garden
EPC rating
To be confirmed
Tenure
Freehold
Local authority and council tax band
Shropshire Council
Council tax band: C
Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 2.5% plus VAT (min. fee of £1,900 plus VAT) of the purchase price and auction buying fee of £1,900 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Lot 114 - 2 Field Lane, Kemberton, Shifnal, Shropshire, TF11 9LP
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