3 Bedroom, Mid Terrace House, 127 Winthorpe Road Newark NG24 2AN

Overview

Hammer Price Homes are pleased to present for sale by online auction this 3 bedroom mid terrace house in Newark. This auction is open to mortgage buyers with 90 days to complete.

The property briefly comprises: To the ground floor, an entrance hallway leading to a lounge, dining room and kitchen. To the first floor there is a landing leading to 3 bedrooms and a shower room.

Externally there is a good sized, lawned garden to the front of the property. A joint access way with number 129 Winthrope Road leads down the side of the property to a good sized rear garden and an outbuilding with a W.C. Official Copy of the Conveyance dated 30.07.1984 is available for download from the Hammer Price Homes website.

The property offers a blank canvas for somebody looking to put their own stamp on a property and presents a good opportunity for both home buyers and investors.

Whilst we welcome mortgage buyers to take part in the auction, if you are looking to finance the property through a traditional mortgage then please ensure that you have a mortgage in principle approved for the amount you are bidding.

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.

Location

The property is situated on a highly desirable residential road within walking distance into Newark Town Centre. Newark boasts an array of amenities including excellent shopping facilities, restaurant and schools. For the commuter, public transport is well catered for by a regular bus service; with easy access to Nottingham & Lincoln and walking distance to Newark train station with the high speed rail link to London Kings Cross in just over an hour.

Tenure

Tenure –  Freehold – Land Registry documents including an Official Copy of the Conveyance dated 30.07.1984 are available for download from the Hammer Price Homes website.

Other information

The Administrator / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services may be isolated.

Council Tax Band – A

EPC Rating – D

Utilities:

Primary source of Water Supply: Assumed Mains

Primary source of Electricity Supply: Assumed Mains

Primary source of Gas Supply: Mains Gas Supply (information taken from EPC Certificate)

Source/s of heating: Boiler & Radiators (information taken from EPC Certificate)

Primary arrangement for Sewerage/Drainage: Due to the property being on a residential street, it is assumed that it is connected to a public sewer.

Searches

Searches are available for download from the Hammer Price Homes website. The winning bidder will be required to pay for the search pack which is £358.80 (Inc. VAT), this is payable at the same time as the reservation fee. Prospective buyers are to review all searches available prior to bidding.

Auction Details

** Open for mortgage buyers. 90 days to complete**

Auction ends – Wednesday 23rd October 2024 at 1:30pm (Subject to anti-sniping).

Bidding Window Opens – Monday 21st October 2024 at 12:00pm (Bidding will not be possible until this time).

Starting price – £88,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)

Fees

All fees are payable by bank transfer only (we do not take card payments).

Reservation Fee – Please note that there is a Reservation Fee (3.6% Including VAT subject to a minimum fee of £3,600 Including VAT) payable by the buyer within 2 hours of 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.

Searches –The buyer is required to pay £358.80 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee.

Viewings

To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must stick to their time precisely.

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 Administrator / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions or provide a property information form.