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12 Penfield Road, Drighlington, Bradford BD11 1ES

Lot no: 26 Sold at Auction for £144,500
 

Guide Price £140,000+ plus fees

UnconditionalOn 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 22nd August 2024

9.00am
Key Features
  • A two bedroom detached house and a pair of dilapidated cottages
  • Located in the heart of Drighlington
  • Exciting opportunity for an investor/builder
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Sold at Auction for £144,500

Detached house

Property Description:

Located in the heart of Drighlington, comes an exciting opportunity for an investor/builder. Measuring approximately 0.25 acres, the site currently comprises a two bedroom detached house and a pair of dilapidated cottages. The main house requires a full scheme of renovation and building works to get it back to its former glory. The cottages, believed to have had a first floor and basements, had their roofs removed many years ago, and have been left open to the elements. These will require significant building work/rebuilding. The official access to the site would be via Penfield Road, however, developers may have other options subject to gaining the necessary permissions.

The site has been neglected for many years and is now very overgrown, blocking access to the cottages. Please note – For those attending viewings, the ground is not level and full of nettles/brambles so you will need to dress appropriately. It is important you do not try to access the site outside of the viewing times provided.

Drighlington is a village located just 6.5 miles west of Leeds city centre and with great access to the M62/M621 and the Birstall Retail Park. Locally, there are plenty of village pubs and restaurants, a local primary school, library, doctors surgery, shops and sports clubs.

NOTE TO BUYERS:
Prospective buyers are referred to the Japanese Knotweed documents within the legal pack. We have received confirmation that no further information is available and buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Flood Risk

Rivers and Seas No Risk. Surface Water Very Low.

Broadband (estimated speeds)

Standard 16 mbps. Ultrafast 1000 mbps.

Satellite and Cable TV Availability

BT and Sky are available.

Mobile Phone Coverage

O2, EE, Three and Vodafone are available.

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 under and Unconditional sale type.

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 fee apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyers Fee of 1.8% inc VAT subject to minimum of £2,400 inc VAT

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.
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