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18 Caxton Road, Otley LS21 3LL

Lot no: 39 Sold at Auction for £160,000
 

Guide Price £155,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 29th June 2023

10.00am
Key Features
  • Two bedroom semi detached house
  • In need of refurbishment and modernisation
  • Within approximately ten miles of Leeds
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Sold at Auction for £160,000

Semi-detached house

Property Description:

Two bedroom semi detached house suitable for extension(subject to planning) and requiring refurbishment.

The property sits on a sizeable plot with ample room for significant extension subject to all necessary planning consents. Internally, the property requires a full scheme of refurbishment and makes a great proposition for both a local investor or home-buyer looking to take on a project.

Otley is set between the beautiful Yorkshire Dales to the north and the City of Leeds ten miles to the south west. Harrogate is 9 miles to the north east, Skipton 14 miles to the north west and 26 miles south west of York. Manchester is 40 miles to the west. The town is located on the A660 which via the A65 connects the Yorkshire Dales to Leeds. Orchard Gate shopping centre is located in the heart of the town centre with frontages to Crossgate, New Market and Market Street. The shopping centre adjoins Otley bus station and is within close proximity of four of the towns main car parks.

Ground Floor:

Lounge, kitchen, lobby with WC.

First Floor:

Two bedrooms and family bathroom.

Outside:

Driveway, gardens and detached garage.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

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 Unconditional with Variable Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers 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 Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 (and any applicable Home Report for residential Scottish properties).


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.