Stubbing Way, Shipley, BD182EZ

This auction has ended!
Bid Count:
3
   
Final Bid:
£50,000.00
  • Overview
  • Particulars
  • Agent Details
  • Fees & Charges Explained

Property Overview

This 2 bed flat is available with no onward chain and is ready to rent or move into and beautifully presented throughout. Comprising of a fully fitted kitchen, a comfortable sized lounge, electric heating, a balcony and it is a Upvc double glazed property. This property has a light and neutral feel.

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAM Sold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with IAM Sold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by IAM Sold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Entrance Hall Entering the building through a double glazed door to the front, there is a stair case rising to the first floor flat. Benefiting from a useful storage cupboard, with a Upvc double glazed window to the front on the ground floor entrance hall. Landing Stairs rise from the entrance hall to the first floor landing, giving access to the balcony via a double glazed door to the front. Along with loft access and an electric wall heater. Lounge 14' 1" x 12' ( 4.29m x 3.66m ) The lounge has a Upvc double glazed window to the front and an attractive fire place with gas fire. Benefiting from wall lights with an electric wall heater. As well as TV, phone and media points. Kitchen 12' x 7' 6" ( 3.66m x 2.29m ) The fully fitted kitchen has a range of solid wood wall and base units with complimentary work surfaces and tiled splash backs. There is an inset stainless steel single bowl sink and drainer, an integrated electric over and hob. Benefiting from space and plumbing for a washing machine and set down lighting. Bedroom One 11' x 10' 7" ( 3.35m x 3.23m ) Bedroom one has a window to the rear which is Upvc double glazed, there is a range of fitted wardrobes and a separate storage cupboard. This bedroom has a neutral theme decoration. Bedroom Two 11' 2" x 7' 7" ( 3.40m x 2.31m ) Bedroom two has a Upvc double glazed window to the front and a built in storage cupboard / wardrobe. Bathroom The modern white suite bathroom has a Upvc double glazed window to the rear. Comprising of a bath with separate electric shower over, wash hand basin, low flush WC and an electric heated towel rail. The bathroom is fully tiled with tiled flooring. External External to the property there is a balcony and the rear garden is mainly laid to lawn.

William H Brown

Local Branch: 21 Market Square, Shipley, BD18 3QB
Head Office: Sequence UK Limited, Cumbria House,16-20 Hockliffe St, Leighton Buzzard, LU7 1GN

Fees & Charges Explained

Stubbing Way, Shipley, BD182EZ

This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement In the 28 day period following the auction or the date of acceptance of the offer.

Buyers Information Pack

If the Buyer Information Pack Pack has been produced and provided by IAM Sold any successful purchaser will be required to pay £220.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Need More Information?

For further information or to speak to one of our team, please call 01274 649 684.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.

Share this property:

Similar Properties

Are you an agent? Arrange a meeting with our local Business Development Manager who will show you how auctions can offer you valuable new revenue streams.