2 Bedroom, End Terraced House, 54 High Street, Newhall DE11 0HU

Overview

Hammer Price Homes are pleased to present for sale by online auction this 2 bedroom end terraced house in Newhall, Swadlingcote. This auction is open to cash buyers only.

The property briefly comprises: To the ground floor, a living/dining room and kitchen. To the first floor there is a landing leading to 2 bedrooms and a shower room.

Outside there is a small front yard, and to the rear, the property benefits from a small garden with an outbuilding. Please note the outbuilding on the rear boundary wall belongs to number 56 High Street. Please refer to the Title Plan – DY119449 document uploaded to the Hammer Price Homes website for the full extent of the boundary edged in red. We believe an access is required through the rear garden and down the side of the property for numbers 56, 58, 60 and 60a High Street.

There is section of land adjacent to number 60a High Street that the sellers and neighbouring properties have used for parking for a number of years. This is used on a first come first served basis. This land is not owned by the sellers and they do not have any legal rights to park there.

Whilst the property has been mostly cleared, all items that can be seen on the photography and at open days within the property and gardens will be left and will be part of the sale with the exception of the following items which will be removed prior to completion:

Lounge – 2x white plastic chairs, CO detector and drawer unit.

Bedroom 1 – wheel chair, bedside chair, swivel chair, drawer unit

Bedroom 2 – pedestal fan, laminate floor packs, cd’s

Outside – door step, pressure washer, scrap tank and metal, garden tools, green box, cone planter, chimney pots, pedestal planter and terracotta pots, garden ornaments and wall plates.

The buyer will be responsible to dispose of the rest of the items if they do not wish to keep them.

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.

The property requires renovation throughout, and this sale is open for cash buyers only. 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 of the property, for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.

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 located within the heart of Newhall village which boasts a vast range of amenities including schools for all ages, supermarket, general stores, post office, village hall and community centre, alongside a doctors surgery, chemist and a large open parkland in the centre of the village

Easily accessible, the property is conveniently close to the town of Burton-upon-Trent and Swadlincote as well as benefitting from easy access to the a511 and A444, which in turn gives access to the motorway network, including M42, M6 and M1. The major conurbations of Birmingham and Leicester are approximately 19 and 27 miles respectively.

Special Conditions

The property requires renovation throughout and this sale is open for cash buyers only. 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 of the property, for any issues in financing the purchase, or for any information within the searches. The property is sold as seen.

60 days to complete.

Tenure

Tenure – Freehold – Land Registry documents are available for download from the Hammer Price Homes website. The conveyance of 58 High Street, Newhall dated 25 May 1950 has been ordered from Land Registry and will be uploaded to the Hammer Price Homes website once received.

The conveyance document dated 2 November 1964 is not available at the Land Registry for download. An indemnity policy for any missing conveyance documentation can be sourced during the conveyancing process should the buyer wish.

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: Foul and Surface water from the property drains into a public sewer (information taken from the Regulated Drainage & Water Search).

Auction Details

** Open for cash buyers only. 60 days to complete**

Auction ends – Wednesday 2^nd April 2025 at 1:00pm (Subject to anti-sniping).

Bidding Window Opens – Monday 31^st March 2025 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 £300 (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.

Proof & Source of funds

In order to satisfy our Anti-Money Laundering obligations, winning bidders are required to complete their source of funds questionnaire within 24 hours of the close of the auction. This will detail how they will finance the purchase and provide supporting evidence as to the source of the funds (such as bank statements).  It is advised that anybody bidding on a property prepares this information prior to taking part in an auction so that it is readily available. See our buyers FAQ’s for further information.

Current proof of funds may also be requested from registered buyers, prior to enabling their account for bidding, as part of our affordability checks.

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.