We will work within government safety guidelines at all times, hosting tightly controlled open days. This property is vacant which means we should comfortably be able to follow social distancing guidelines and we will work to a maximum of 2 bookings per time slot. Viewers will be asked to stick to their time precisely, and to keep to the 1 metre rule if in the property at the same time as another viewer. Attendees will also be asked to bring no more than 1 other person with them to a viewing where possible. The wearing of face masks are required at this current time so viewers are asked to ensure they bring one with them, our host may have a small supply with them for those that have forgot to bring one. We will endeavour to supply hand sanitiser fluid at entrance and exit.
Orchard side, Causeway End Road, Felsted, Dunmow, CM6 3LU
Special conditions
You will not be able to withdraw from the sale with a return of the reservation fee citing issues around securing lending on the property or for reasons concerning the general condition of the property or the possessory title. Please refer to our buyer terms section 10.3 and our buyer FAQ’s as regards structural defects and your rights, these can be found on the Hammer Price Homes website.
4 Bedroom Detached Bungalow, Orchard side, Causeway End Road, Felsted, Dunmow, CM6 3LU
Overview
*Attention investors*
Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free, 4 bedroom semi-detached bungalow in Felsted. Due to the general condition of the property, this auction is recommended for cash buyers only.
This spacious property briefly comprises: To the ground floor there is an entrance hallway leading to a large living room, dining room, kitchen, conservatory, bathroom and 2 bedrooms. To the first floor there are a further 2 bedrooms (one with en-suite).
The property is presented on a large plot with gardens to the front side and rear offering potential for development subject to gaining the necessary planning and consents. There is also a driveway and garage providing off street parking.
There has been a structural report commissioned by the vendors which is available for download from the hammer price homes website; buyers are encouraged to read this prior to bidding. The property and its gardens require enhancement throughout and due to its condition we believe that it may be difficult to obtain a standard mortgage on the property, for this reason this auction is recommended for cash buyers only.
The property is registered with possessory title as the original deeds have been lost, the previous owner had lived there for a long period of time and indemnity insurance should be sought by the buyer.
If you are planning on obtaining a mortgage then please speak with your lender / broker prior to bidding as you will not be able to withdraw from the sale with a return of the reservation fee citing issues around securing lending on the property or for reasons concerning the general condition of the property or the possessory title.
The property is sold as seen. Please refer to our buyer terms section 10.3 and our buyer FAQ’s as regards structural defects and your rights, these can be found on the Hammer Price Homes website.
To view this property please visit the Hammer Price Homes website, register as a buyer and book your place on an open day.
Location
The property is set in a pleasant semi-rural street conveniently placed close to Felsted Village centre offering access to a range of amenities. Braintree Town centre and Chelmsford City centre can both be reached in less than 20 minute by car, providing a more extensive range of amenities.
Special Conditions
You will not be able to withdraw from the sale with a return of the reservation fee citing issues around securing lending on the property or for reasons concerning the general condition of the property or the possessory title. Please refer to our buyer terms section 10.3 and our buyer FAQ’s as regards structural defects and your rights, these can be found on the Hammer Price Homes website.
Auction Details
** recommended for cash buyers only. 90 days to complete, no deposit payable. **
Please note that there is a Reservation fee (2.4% Inc. VAT subject to a minimum of £2,400 Inc. VAT) payable by the buyer on 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.
To view the property you must register and book on one of the open days as detailed on the website. Please note: Entrance will be refused if you are not on the list so please make sure you book your place using the online system. Open days are being operated on a safe basis with a maximum of 2 bookings per time slot and attendees will asked to respect social distancing guidelines if in the property at the same time as another viewer. The wearing of face masks is required whilst in the property. Lists close 24 hours before the open day starts so book in plenty of time.
Auction ends – Wednesday 4th November 2020 1:00pm
Bidding Window Opens – Monday 2nd November (Bidding will not be possible until this time)
Starting price – £340,000 (Reserve price is higher & unpublished, typically the starting price will be 15 – 20% below the Reserve figure as per our Buyer Terms)
Other Information
Tenure – Freehold
Possessory Title – The property is registered with possessory title; the original deeds have been lost, indemnity insurance should be sought by the buyer. See land registry document which is available for download from the hammer price homes website.
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 and the buyer honoured to pay it. 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 with vacant possession and is sold as seen. The administrator and solicitor may not be able to answer the usual pre-contract questions.
Ground Floor
Comprises of an entrance leading to these rooms:
First Floor
Comprises of a landing leading to these rooms:
Outside space:
Parking:
Causeway End Rd, Felsted, Dunmow CM6 3LU, UK
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