3-Bedrooms, terrace house, ideal location
FOR SALE BY AUCTION: The auction guide price range is £150,000 to £240,000. A 3-bedroom terrace freehold house offering potential to investors and developers in an ideal semi-rural location. There have in the past been structural concerns due to historic movement which has been investigated - see the legal pack for the reports. This property will be offered for sale by public auction via online bidding which will open at 10.00 on Friday 1 July 2022 and close at 12.00 on Friday 1 July 2022.
Auctioneer's comments: "This lot offers an opportunity to purchase a freehold terrace house in a good location, if handled correctly the property can be improved upon and resold with a chance of substantial capital gain."
Auction date:
To be sold by public auction via a 2-hour online bidding window on Friday 1 July 2022, bidding will open at 10.00 AM and close at 12.00 PM.
To view:
Managed block viewings will be conducted on the following dates * Thursday 23 June 2022 at 11.30 AM * Tuesday 28 June 2022 at 1.30 PM * Thursday 30 June 2022 at 3.30 PM. The block viewing will last 30 minutes and no viewings will be permitted outside of the listed dates and times. Once you have registered your online bidding account you will be emailed a link to book into one of the managed block viewings.
Registration:
All bidders are required to register in order to be approved to bid. This can be done via the lot listing on our website via the 'Traditional Auction Lots' page. Once registered, you will be able to view and download the legal pack (when available), please note that in order to bid you will need to complete our Credas ID check (sent once you register) and have provided a payment card in the week before the auction. Only the bidder needs to register, after the auction the bidder can nominate additional buyers or a company to be the buyer, please note that if the ID checks for these nominated persons are not received within 2-hours of the auction, the bidder will be noted as the buyer on the contract.
Location:
* Lothersdale, Keighley * 7.2 miles to Colne railway station * 4.6 miles to the A56
Description:
* Freehold * Terrace house * Structural concerns
Accommodation:
Cellar: Single room, storage
Ground floor: Living room, kitchen, dining room, garden room, utility room
First floor: 3-Bedrooms, bathroom
Outside:
Front yard, rear yard and garden, rear parking
EPC rating:
C
Tenure:
Freehold with vacant possession
Local authority:
North Yorkshire County Council
Craven District Council
Council tax band:
D
Legal pack:
For each traditional auction lot, there are special conditions of sale and other documentation provided by the sellers’ conveyancer. If you wish to view and download the legal pack, you will need to register an online bidding account via the link on our website. Once you have set up your online bidding account you will receive a notification by email when the legal pack is received from the conveyancer.
Guide prices:
Guide Prices are provided as an indication of each seller's minimum expectation. They do not necessarily set the figure that a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a reserve, (a figure below which the auctioneer cannot sell the lot during the auction) which will be set within a reasonable bidding range of the stated guide price.
Pre-auction bids:
These must be made in writing by email and will only be considered when an online bidding accounting has been set up, including the ID confirmation and a payment card uploaded to the account. Pre-auction bids are on the basis of the terms of the auction, in a traditional auction, this means an immediate exchange of contracts upon acceptance with a 10% deposit as well as the buyer's fee listed.
Auction fees:
A buyer’s fee of £2,500 plus VAT is payable on each lot you buy, in addition to the sale price. Please be aware there may be additional fees, including disbursements in the legal pack payable on completion. Please ensure that you check the legal pack for each lot you are interested in before bidding.
Online bidding:
In order to bid when the lot opens at 10.00 AM on Friday the 1 July 2022 (closes at 12.00 PM the same day) you will need to set up your online bidding account through the specific lot on our website under 'Current Auction Lots'. Ensure you read our 'Auction Buying Guide' carefully. In order to be approved to bid you will need to complete your online bidding account, you will need to confirm your ID and residency through a Credas link that will be emailed to texted to you, and within a week of the auction you will need to upload a valid payment card and a hold will be placed on the security deposit amount which is £5,000 for this lot (please note that when you win the bidding you are required to pay the 10% deposit and the buyers fee of £2,500 plus VAT, once the £5,000 is taken you will be invoiced by email for the immediate payment of the balance of the deposit and auction buying fees.
Method of sale:
Please note that the method of sale is by auction, with the immediate and unconditional exchange of contracts when the auction ends under the terms of the V4 Common Auction Conditions.
* 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 11 - 7 The Fold, Lothersdale, Keighley, West Yorkshire, BD20 8HD
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Agreement Documents
Additional Documents
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