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44 Rawcliffe Road, Liverpool L9 1AW

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Guide Price £137,000 plus fees

ConditionalOn the fall of the hammer, the successful bidder will enter into a reservation agreement with the seller. This agreement confers an exclusivity period of 60-days on the successful bidder, in which to exchange contracts and complete the purchase. The non-refundable Reservation Fee will be payable to us immediately on the fall of the hammer, the amount of which will be stated on the property description. This fee does not contribute to the purchase price. The deposit will be payable later on exchange of contracts via your solicitor. You must make every effort to exchange contracts of sale and complete the purchase within the 60-day exclusivity period, unless the Special Conditions of Sale within the legal pack state otherwise.
Timed Auction

Wednesday 1st January 3000

12.00am
Key Features
  • Semi Detached Property
  • Two Reception Rooms
  • One Bedroom Annexe
  • In Need of Modernisation
  • EPC Rating: D
  • Council Tax Band: B
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Semi-detached house

Property Description:

DRAFT DETAILS - awaiting vendor approval

A three bedroom semi detached house with a one bedroom self contained granny annexe. Just off Rice Lane, Rawcliffe Road is convenient for amenities and train station as well as access to Queens Drive.

The accommodation comprises:
Maine House
Porch, hallway, lounge, open plan split level lounge diner, kitchen and a shower room to the ground floor.
To the first floor there are three bedrooms and a loft room.

Annexe
Hallway, lounge, bedroom, kitchen and shower room.
Outside there is a driveway to front and a lawn garden to rear.

Where we have not inspected

Please be advised that whilst our partner agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

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 this page, showing the time remaining to bid and end date of the auction.

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 our Buyers Terms (England & Wales).

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 standard 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 Property Auctions, and will be in addition to any fees payable to us. SDL Property 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 us. 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.

Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At the 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.

The Legal Pack can be viewed on this page under the sub-heading “Legal Documents”. Underneath this, you will be prompted to “log in to view the legal documents”. Follow this link, and 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 Property 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.

Energy Performance Certificate

The EPC for this property can be viewed by logging in to view the legal documents for the property. Go to the “Legal Documents” area. Underneath this, you will be prompted to “log in to view the legal documents”. Follow this link, and you will then be directed to create an account with Auction Passport to view the documents.

Registration Process:

To register to bid on the property, please follow the link to “Log in/Register to Bid”. You will then be directed to create an account with the online-bidding platform provider, EIG.

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Start Price. The Start Price, also known as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.