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168 Peter Street, Macclesfield SK11 8ES

Timed Auction
 

Guide Price £220,000+ 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.
Timed Auction

Saturday 1st January 4000

12.00am
Key Features
  • Council Tax Band: B
  • Three bedroom property
  • Close proximity to town centre
  • Fully refurbished
  • EPC Rating: D
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Semi-detached house

Property Description:

Three bedroom semi-detached/end of terrace property in Macclesfield.

The property is ideally placed, a short walk from the town centre, South Park and Macclesfield College/High School. All other amenities and services can also be found within the local area including shopping facilities, transport links and a selection of pubs, bars and eateries. The property itself has been fully refurbished, now providing an excellent opportunity for buyers.

The property is currently let at £14,400 per annum. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Construction Material:

Cavity wall, as built, no insulation (assumed)

Broadband:

Standard - 9 mbps, Superfast - 56 mbps andUltrafast - 9000 mbps available

Mobile Phone Coverage:

TBC

Note

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.

Note

Please be advised that material information is currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

ADDENDUM

We have not been provided with a leasehold information pack or the freehold title documents (requested) in the legal documents. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Tenure:

Leasehold. Subject to tenancy.

Unexpired Years

783




Auction Details

The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an 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 fees apply:

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

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 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.