Listed for £52,000
January 3, 2025
2 Bedroom, End Terrace House, 47 Abbey Hills Road, Oldham, OL4 1RD
Overview
Hammer Price Homes are pleased to present for sale by online auction this 2 bedroom end terrace house in Oldham. The sale is open for cash buyers only.
The property briefly comprises: To the ground floor, a lounge, dining room and kitchen. To the first floor there is a landing leading to 2 bedrooms and a bathroom.
Outside there is a small front garden and a good sized, tiered garden to the rear with a greenhouse. The garden is overgrown. The winning bidder will be responsible for clearing the garden and its contents post completion. A detached garage provides off road parking at the rear of the property and can be accessed off Park View Close. Access to the garage can also be gained from the rear garden. The location of the garage can be seen detailed on the Title Plan - GM851531 uploaded to Hammer Price Homes website.
The property is held on a leasehold with 856 years remaining. As per the land registry documents, properties number 49 and 51 Abbey Hills Road are included in the title and plan for number 47. Property number 47 holds the headlease and number 49 and 51 have been granted an underlease. It is believed that the purpose of the head and under lease is to give the responsibility of collecting all ground rent (for number 47, 49 and 51) to the head lease property, number 47. Please see the Tenure section of this listing for further details.
The property requires full renovation throughout, and this sale is open for cash buyers only due to the general condition we feel the property is unmortgageable. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, the tenure or missing land registry documents or for any concerning information within the searches. The property is sold as seen.
To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing.
Location
Situated in Greater Manchester, this vibrant area offers a range of facilities. With convenient access to major transport networks including the M60 motorway and Oldham's well-connected public transportation system. The local area offers a diverse range of amenities, including shopping centres, supermarkets, restaurants, and leisure facilities. The area is known for its rich history and cultural heritage, as well as beautiful parks and green spaces scattered throughout the area.
Special Conditions
This sale is open for cash buyers only due to the general condition; we feel the property is unmortgageable. There will be no grounds for the buyer to withdraw from the sale with a return of the reservation fee citing issues around the condition of the property, for any issues in financing the purchase, the tenure or missing land registry documents, or for any information within the searches. The property is sold as seen.
60 days to complete.
Tenure
Tenure - Leasehold 856 years remaining (998 years from 31 October 1882) - Land Registry documents are available for download from the Hammer Price Homes website.
Ground Rent: £9.0s.11d per annum
Freeholder Information: Richard Hesmondalgh
Headlease: As can be read on the Land Registry documents Leasehold - Title - LA76424 and Leasehold - Title Plan - LA76424 which are available for download from the Hammer Price Homes website, properties number 49 and 51 Abbey Hill Road have been included in the title and title plan for number 47 Abbey Hills Road. Number 47 Abbey Hills Road holds the headlease.
Underleases have then been granted to 49 and 51 Abbey Hills Road. It is believed that the purpose of the head and under lease is to give the responsibility of collecting all ground rent to the head lease property, number 47.
Missing Documents: A copy of the lease and underleases for number 49 and 51 are not available from Land Registry. The vendors solicitor will provide an indemnity insurance policy for the missing documents. A copy of the draft policy 'Leasehold Restrictive Covenants and Outstanding Rights and Easements Insurance' is available for download from the Hammer Price Homes website.
Prospective buyers are to obtain their own independent legal advice in relation to the Property, the Tenure and Management information prior to taking part in the auction.
Other information
The Administrator / Solicitor dealing with the estate has never lived at the property and therefore has limited knowledge. The below information has been provided to the best of our knowledge and should not be relied on in full. Please note due to the nature of the property some of the services may be isolated.
Council Tax Band - B
EPC Rating - D
Utilities:
Primary source of Water Supply: Assumed Mains
Primary source of Electricity Supply: Assumed Mains
Primary source of Gas Supply: Information Unknown
Source/s of heating: Room heaters, dual fuel (mineral and wood) Information taken from EPC Certificate
Primary arrangement for Sewerage/Drainage: Due to the property being on a residential street, it is assumed that it is connected to a public sewer.
Searches
Searches have been ordered and will be made available for download from the Hammer Price Homes website prior to the bidding taking place. The winning bidder will be required to pay for the search pack which is £300 (Inc. VAT), this is payable at the same time as the reservation fee. Prospective buyers are to review all searches available prior to bidding.
Auction Details
Open for cash buyers only. 60 days to complete
Auction ends - Thursday 30th January 2025 at 1:30pm (Subject to anti-sniping).
Bidding Window Opens - Tuesday 28th January 2025 at 12:00pm (Bidding will not be possible until this time).
Starting price - £52,000 (Reserve price is higher & unpublished, typically the starting price will be 15 - 20% below the Reserve figure as per our Buyer Terms)
Fees
All fees are payable by bank transfer only (we do not take card payments).
Reservation Fee - Please note that there is a Reservation Fee (3.6% of the eventual sale price, including VAT) payable by the buyer within 2 hours of winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer's fee and is to be paid over & above the sale price paid to the Vendor.
Searches -The buyer is required to pay £300 (Inc. VAT) for the search pack. This is payable at the same time as the reservation fee.
Viewings
To view the property please visit the Hammer Price Homes website, register as a buyer and book in for a viewing. Bidding is only permitted for those who have viewed. Viewers must stick to their time precisely.
Property Details
Approx. gross internal floor area - 855 SQ FT / 79.5 SQ M (Total Area Excludes the Garage)
Ground Floor
Comprises of:
Lounge - 15'5 x 11'2 (4.71m x 3.42m)
Dining Room - 15'9 x 12'2 (4.80m x 3.70m)
Kitchen - 8'6 x 6'3 (2.60m x 1.90m)
Garage - 15'10 x 7'4 (4.82m x 2.24m)
First Floor
Comprises of a landing leading to these rooms:
Bedroom 1 - 15'5 x 11'6 (4.71m x 3.50m)
Bedroom 2 - 10'10 x 9'6 (3.30m x 2.90m)
Bathroom - 12'6 x 4'7 (3.80m x 1.40m)
Parking
Garage
How to make an offer
Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.
Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed at the winning auction price and the buyer honoured to pay it. Any subsequent attempt by the buyer to contact the vendor direct to renegotiate on price would hold the buyer in breach of our terms. Should the buyer withdraw then they may have to forfeit the reservation fee. Please read the buyer terms and FAQ's on the site for more details.
This is a probate property and is sold as seen. The Administrator / Solicitor dealing with the estate has never lived at the property so may not be able to answer the usual pre-contract questions or provide a property information form.
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