3 Bedroom, Semi-detached house,  16, The Mede, Freckleton, Preston PR4 1JA

Overview

Hammer Price Homes are delighted to present for sale by online auction this 3 bedroom semi-detached house located in Freckleton, Preston. The sale is strictly open for cash buyers only.

The accommodation comprises: To the ground floor an entrance hall leading to a generously sized lounge, kitchen and bathroom. On the first floor there is a landing leading to 3 bedrooms and a W.C.

Externally there is off street parking and a hard standing front garden. To the rear there is a good sized hard standing garden. The property benefits from an out-building within the rear garden.

This sale is open for cash buyers only as the property is of non standard construction. Whilst we have not had a survey, it is believed that the property is constructed from concrete and steel. Due to the construction type it is believed you would not be able to secure lending through a traditional mortgage. If you are planning on obtaining any form of lending on the property, then please check with the lender prior to bidding as there will be no grounds to withdraw from the sale with a return of the reservation fee citing issues around the condition  (including anything of a structural nature), or for anything relating to the non-standard construction type, financing the purchase.

We believe a number of neighbouring properties have been converted to traditional brick construction over time. The property is in need of a full modernisation programme with scope to change the construction type to traditional brick and reconfigure/extend subject to gaining the necessary planning consents.

Searches have been added to the auction listing. The winning bidder will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee.

Please visit the Hammer Price Homes website, register as a buyer and book a place on an open day.

Location

The property is located within in the village of Freckleton, and close to the town of Kirkham, with both providing access to a wide range of local amenities, shops, leisure facilities, schools and with good transport links to both Blackpool and Preston.

Special Conditions

The sale is strictly open for cash buyers only and 60 days to complete. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition (including anything of a structural nature), or for anything relating to the non-standard construction type, financing the purchase, or for anything concerning information in the searches.

Other Information

Tenure – Freehold – Land Registry documents are available for download from the Hammer Price Homes website and should be viewed before bidding.

Online Auction Details

** Strictly open for cash buyers only. 60 days to complete**

Auction ends – Thursday 1st February 2024 at 1pm (Subject to anti-sniping)

Bidding Window Opens – Tuesday 30th January 2024 at 10am (Bidding will not be possible until this time).

Starting price – £64,000 (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% Inc. VAT, subject to a minimum £3,600 Inc. 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 £300 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee. A search pack we be available for download on the listing on the Hammer Price Homes Website prior to the opening of the bidding window.

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 are asked to keep to their appointment time.

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 FAQs 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.