2 Bed Terraced House, Cash/Bridging Only, Hereford, HR4 0RX £200,000

The bathroom
The family bathroom is appointed with a modern three piece white suite including a bath with shower over, pedestal wash basin and WC. A window provides ventilation and a pleasant outlook, while tiled splashbacks ensure practicality. The room is generous enough to accommodate storage for toiletries and towels, keeping everyday necessities neatly organised.

The gardens
To the rear, the enclosed garden creates an inviting outdoor retreat. A central lawn is flanked by paved patios that offer space for seating and alfresco dining, and a timber summerhouse provides a useful store or hobby room. A gated rear access opens to the allocated parking space. The property is approached through a picket gate into a deep front garden where a paved path leads through lawns and established shrubs. Mature hedging provides a green backdrop and a sense of seclusion.

The parking
A generous communal area provides the off-road allocated parking space, accessed directly from the rear of the property for everyday convenience. Gated access leads through to the rear garden, ensuring a practical connection between parking and the home.

Location
Three Elms lies to the north west of Hereford and is a popular residential area on a regular bus route into the city centre. The location enjoys easy access to the surrounding Herefordshire countryside for walks and leisure pursuits, while a local Co-operative, post office and public house serve day to day needs. Both junior and senior schools are within walking distance and road links provide convenient connections to the wider region.

Services
The property benefits from mains water, electricity and drainage. Heating is provided by an air source heat pump, with solar panels contributing towards electricity generation.

Broadband: Ultrafast broadband available. Download speeds up to 8000 Mbps and upload speeds up to 8000 Mbps (source: Ofcom checker).

Mobile coverage likely available from EE, Three, Vodafone and O2 (source: Ofcom).

Flood Risk (Long-term forecast)
According to the Environment Agency’s long-term flood risk data, the property is currently at low risk for surface water flooding and very low risk for river and sea flooding. Future climate projections indicate the surface water flood risk remains low between 2040 and 2060, while river and sea flood risk may increase to low between 2036 and 2069.

Council tax band B

Reservation Fee - refundable on exchange

A reservation fee, refundable on exchange, is payable prior to the issue of the Memorandum of Sale and after which the property may be marked as Sold Subject to Contract. The fee will be reimbursed upon the successful Exchange of Contracts.

The fee will be retained by Andrew Grant in the event that you the Buyer withdraws from the purchase or does not Exchange within 6 months of the fee being received other than for one or more of the following reasons:

1. Any significant material issues which individually are more than 1% of the agreed purchase price and are highlighted in a survey and were not evident or drawn to the attention of you, the Buyer, prior to the Memorandum of Sale being issued.
2. Serious and material defect in the seller’s legal title.
3. Local search revealing a matter that has a material adverse effect on the market value of the property that was previously undeclared and not in the public domain.
4. The vendor withdrawing the property from sale.

The reservation fee will be 0.5% of the accepted offer price for offers below £800,000 and 1% for offers of £800,000 or over. This fee, unless specified otherwise, is payable upon acceptance by the vendor of an offer from a buyer and completion of an assessment of the buyer’s financial status and ability to proceed.

Should a buyer’s financial position regarding the funding of the property prove to be fundamentally different from that declared by the buyer when the Memorandum of Sale was completed, then the Vendor has the right to withdraw from the sale and/or the reservation fee retained. For example, where the buyer declares themselves as a cash buyer but are in fact relying on an unsecured sale of their property. The reservation fee will not be refunded where there is an inability on the part of the Buyer to raise any required mortgage after the Memorandum of Sale is completed.

Once the reservation fee has been paid, any renegotiation of the price stated in the memorandum of sale for any reason other than those covered in points 1 to 3 above will lead to the reservation fee being retained. A further fee will be levied on any subsequent reduced offer that is accepted by the vendor. This further fee will be subject to the same conditions that prevail for all reservation fees outlined above.