• For sale by Unconditional ONLINE AUCTION +
• Minimum Opening Bid £88,000 Plus fees +
• ** Bidding Opens On 16th Dec 2024 12:00 - Scheduled End Date -17th Dec 2024 14:00 ** +
• Two-Bedroomed Bungalow Occupying A Good Size Plot Backing onto Borrow Wood Park +
• Would Benefit From A Scheme Of Modernisation +
• Good Size Lounge, Kitchen And Ample Storage Space/Cupboards +
• South Facing Rear Garden +
• Parking Space Opposite The Property +
• Gas Centrally Heated And Double Glazed +
• Popular Location Close To Local Amenities, Road Links And Spondon Village +

For sale by Unconditional ONLINE AUCTION
Bidding Opens On 16th Dec 2024 12:00 - Scheduled End Date -17th Dec 2024 14:00
Minimum Opening Bid £88,000 Plus fees
Occupying a good size plot backing onto Borrow-Wood Park is this two bedroomed bungalow which would benefit from some modernisation/improvement. The property occupies an established cul-de-sac close to Spondon village and benefits from gas fired central heating and double glazing.

The accommodation briefly comprises:- reception hallway with ample storage space, spacious lounge/dining room, kitchen, two bedrooms and shower room.

Outside, there is a garden area to the front elevation and a good size south facing rear garden backing onto Borrow Wood Park. There is also the benefit of a parking space opposite the property.

Caernarvon Close is well situated for Spondon and its range of shops, schools and transport links together with excellent road links for the A52, M1 motorway, A50 and Nottingham East Midlands Airport.

Terms:
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.