Semi-detached house
DRAFT DETAILS
A rare opportunity to acquire a four bedroom Victorian property in one of Mortimers most sought after roads. The house is in need of modernisation throughout (including heating system) and holds huge potential, including extending subject to planning permission. No onward chain.
We have been advised by the vendor that there is potential to gain planning permission for a single storey ground floor extension which was granted on 17/09/2002, and lapsed on 17/09/2007. Please see legal pack for more information.
We have also been advised that the loft conversion(see in photos) could take place under permitted development that could be granted by West Berkshire County Council. Building regulations approval will be necessary if converting to liveable space. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.
Great opportunity for potential investors, developers, and builders.
Please be advised that 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.
Relevant planning documents can all be found in the legal pack.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Conditional with Reservation Fee (England and Wales).
Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.
All sales are subject to SDL Property Auctions’ Buyers Terms.
Auction Fees
The following non- refundable auctioneers fee applies:
• Reservation Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.
The Reservation Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
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 Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The 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.
