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36 Silver Street, Barnetby DN38 6HR

Lot no: 195 Sold Prior to Auction
 

Guide Price £82,000 plus fees

Conditional with Reservation FeeOn the fall of the hammer, the successful bidder will enter into a Reservation Agreement with the seller and be granted an exclusivity period of 60 days to purchase the property (unless the Special Conditions of Sale specify a different timescale). The successful bidder must use the exclusivity period to proceed to exchange of contracts and complete the purchase. On the fall of the hammer, the successful bidder must immediately pay a non-refundable Reservation Fee of 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Reservation Fee is subject to a minimum of £6,000.

Thursday 29th July 2021

10.00am
Key Features
  • Mid Terrace Property
  • Two Reception Rooms
  • Fitted Kitchen
  • Ground Floor Bathroom
  • EPC Rating: D
  • Enclosed Rear Garden
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Sold Prior to Auction

Terraced House

Property Description:

An exciting opportunity to acquire a traditional 3 bedroom center terrace home with enclosed rear gardens. Internal inspection reveals a forward facing lounge with feature fireplace and arch to a connected dining area. The ground floor is completed by a Kitchen appointed with a range of white fronted units and a bathroom with P shaped bath. The first floor includes 2 double and 1 single bedrooms.

Viewing strictly by appointment

Entrance Hall

A recessed entrance with inset Pvcu door with fanlight over opens to the Hall with laminated flooring, radiator and stair to the first floor.

Lounge Diner - 7.61m ex bay x 3.72m

With square Pvcu double glazed bay window to the front aspect and Pvcu double glazed French doors to the rear, 2 radiators, tv aerial point, contemporary light coloured fire surround with inset coal effect gas fire, central square arch, deep understair store cupboard and laminated flooring to the Dining area.

Kitchen - 4.70m x 2.30m

Appointed with a range of white high gloss finished high and low units with granite style tops to include inset 1 1/2 bowl resin sink unit with cupboards under, space and plumbing for an automatic washing machine, 6 base units, under counter spaces for refrigerator and separate freezer, electric cooker recess, a further 5 units at eye level, wall mounted gas fired combination boiler, tiled splash areas, Pvcu double glazed window and door to the side aspect, radiator and slate style tiled floor

Bathroom - 2.69m x 2.21m

With natural marble effect tiling to full height and appointed with a suite in white to include close couple wc, pedestal wash hand basin, P shaped shower bath with mixer tap and curving screen, tiled floor, radiator, extractor fan and 2 Pvcu double glazed windows.

Landing

With square spindle balustrade rail and access to the roof space.

Bedroom One - 3.62m x 2.35m

With Pvcu double glazed window to the rear aspect and tv aerial point.

Bedroom Two - 4.02m x 2.93m

With Pvcu double glazed window to the rear

Bedroom Three - 3.94m x 2.48m

With Pvcu double glazed window to the front aspect, tv aerial point, radiator and fitted wardrobes with sliding doors to one wall.

Outside

The property is fronted by a concrete buffer garden. Immediately to the rear of the property there is a concrete amenity area which opens to a neat lawned garden with central path. The sides and rear are marked by panel fencing.

Tenure:

Freehold. Vacant possession upon completion.


Auction Method
The auction for this property will be conducted online through our online-bidding platform. This is a “Timed Auction”, so there are no other lots being sold alongside this property.
The timeslot for the auction is displayed on SDL Auctions’ website. To view this, search for the property via their website, then click onto the property to view the property details. The time remaining to bid, and end date of the auction, is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Auctions’ Buyers Terms (England & Wales) which are available to read on SDL Auctions’ website.

Auction type - Conditional with Reservation Fee
If you are the highest bidder when the auction for the property comes to an end, you will enter into a reservation agreement with the seller. You must then pay the applicable reservation fee. You will then have 40 business days within which to exchange contracts and complete the sale, unless the Special Conditions of Sale contained within the Legal Pack specify a different time limit. If you fail to do so, you may lose your reservation fee. During the 40-business day reservation period, the seller is not able to accept other offers.

Auction Fees
The following non-refundable fees apply:
Reservation Fee- payable immediately when the auction ends. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Reservation Fee is subject always to a minimum of £6,000 (including VAT). The Reservation Fee does not contribute to the purchase price.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the seller’s discretion, not on the instruction of SDL Auctions, and will be in addition to any fees payable to us.  SDL Auctions has limited control over the content of the Special Conditions of Sale.

Deposit
This property is listed under the Conditional with Reservation Fee sale method, therefore the deposit will be payable on exchange of contracts and executed via the solicitors. The amount to be paid will be listed in the Special Conditions of Sale.

Payment Method:
When you register to bid, you will be prompted to provide your payment details to SDL Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Reservation Fee. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer.  Payment by cash or cheque will not be accepted.

Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:
Reservation fee of £7,200 – calculated as 4.8% of guide price - this will be charged immediately after the auction if you are the winning bidder.
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:
£960 for Reservation Fee shortfall (£8160 due as 4.8% of actual purchase price)

Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on SDL Auctions’ website, and click onto the property to view the property details. There will be a sub-heading “Legal Documents”. Underneath this, you will be prompted to “Log in to view the legal documents”.  Follow this link, you will then be directed to create an account with Auction Passport to view the documents. 
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.

Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

Registration Process:
To register to bid on the property, search for the lot on SDL Auctions’ website. Click onto the property, follow the link to “Log in/register to bid”, and you will then be directed to create an account with the online-bidding platform provider, EIG.