2 Bed Semi-Detached House, Single Let, Worcester, WR1 1QE, £100,000

AUCTION - Cumberland Street, Worcester, WR1 1QE - 3 views - 2 months ago

Sold STC
Auction
BTL
ROI: 9%
~68 m²
+4 photos

ValuationUndervalued











Cashflows



































Property History

Listed for £100,000

February 9, 2025

Floor Plans

Description

  • For sale by TRADITIONAL AUCTION +
  • Auction held at The Graeme Hick Pavilion, Worcestershire County Cricket Club, New Road, Worcester, WR2 4RL +
  • Auction start time: 14:00 +
  • To complete within 28 days from auction date. +
  • Terrace house +
  • Two bedrooms +

For sale by auction held at The Graeme Hick Pavilion, Worcestershire County Cricket Club, New Road, Worcester, WR2 4RL. Auction start time: 14:00. An exciting opportunity to buy purchase a period two bedroom terrace house in a central location and requiring updating. BUYER’S PREMIUM Please be aware all purchasers are subject to a 1.5% + VAT (1.8% inc VAT) min fee of £3000 + VAT (£3600 inc VAT) buyer's premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date. GUIDE PRICE The guide price is an estimate of the seller's minimum acceptable price at auction. It helps potential buyers decide whether to pursue a purchase. Typically, a provisional reserve price range is agreed upon between the seller and auctioneer at the start of marketing. Since the reserve price isn't fixed and can be adjusted up until the auction day, the guide price is issued. It may be presented as a price range or a single figure within 10% of the final reserve price. The guide price is different from the reserve price and can change up to the auction day. RESERVE PRICE The reserve price is the minimum amount the seller is willing to accept at auction. It is confidential between the seller and auctioneer and represents the lowest price at which the property can be sold. Like the guide price, the reserve price can be adjusted up until the auction day. REGISTRATION PROCESS The registration process is extremely simple – visit the Hills website and click on the “Register to Bid” button at the top of the home page. Please note this function is not available on Rightmove or On The Market. Stage 1 – Complete the Online Bidding Form Stage 2 – Upload your certified ID Stage 3 – Register your Solicitors Stage 4 – Invitation to Bid Stage 5 – Pay your security deposit (£5000) You are now ready to bid! If your bid is successful, the balance of the deposit monies must be transferred to our client account within 24 hours of the auction sale If you are unsuccessful at the auction your holding deposit will be returned within 48 hours. SURVEYS AND VALUATIONS If you would like to arrange a survey or mortgage valuation of this Lot BEFORE the auction, please instruct your appointed surveyor to contact Hills and we will arrange access for them to inspect the property. Please note that buyers CANNOT attend the surveys and the surveyors are responsible for collecting and returning keys to the Hills office in Worcester City Centre. AUCTION FINANCE & BRIDGING LOANS Some properties may require specialist auction finance- please contact Hills for access to expert advice and whole of market rates from our independent brokers. AUCTION PROPERTY DETAILS DISCLAIMER Hills Estate Agents endeavor to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hills references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system(s) listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide-angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.

Agent Details

Hills Estate Agents, Worcester

01905 975042

Next Steps?

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