For sale by Unconditional Online Auction.
On behalf of Newton Fallowell - Brigg
Three Bedroom Detached House
This 3 bedroom detached house is situated in the ever popular village of Scawby and has been priced to reflect the degree of modernisation required. The property currently comprises of a forward facing Sitting room, a 17'11 Dining Room and a Kitchen
appointed with a range of white fronted units with fitted oven, hob and microwave. A Bathroom with both bath and separate shower enclosure completes the ground floor. The 3 bedrooms are situated to the first floor together with a box room. There are fenced, gravel topped gardens to the side of the property. An ideal investor or developer project
Entrance A panelled door with fanlight over opens to the Reception lobby with stair to the first floor.
Sitting Room 14ft 6 x 11ft 9 (4.42m x 3.60m) A forward facing reception room with sash window, beamed ceiling, dado rail and electric night storage heater.
Dining Room 17ft 11 x 11ft 0 (5.48m x 3.36) With window to the rear aspect, beamed ceiling, electric night storage heater, exposed, decorative stonework to one wall and deep understair store.
Kitchen 10ft 3 x 9ft 0 (3.14m x 2.75m) Appointed with a range of high and low white fronted units with contrasting dark woodgrain worktops to include belfast style ceramic sink with mixer tap and cupboard under, space and plumbing for an automatic washing machine, venting for a tumble drier, inset electric hob, built in oven and microwave with stores over and under, spotlighting, Pvcu double glazed window, 1/2 tiled walls, rear entrance door and stone effect tiled floor. An inner vestibule with fitted store cupboards leads to the
Bathroom Bedroom Two 11ft 2 x 9ft 1 (3.41m x 2.77m) Appointed with a coloured suite to include panelled bath, pedestal wash hand basin, low flush wc, tiled and glazed shower enclosure, linen cupboard, electric heater and window to the side aspects.
Landing With two electric night storage heaters.
Bedroom One 12ft 0 x 11ft 10 to fronts (3.68m x 3.61m to fronts) A forward facing double room with sash window, a range of fitted wardrobes to one wall and BOX ROOM with sash window. With window to the rear aspect and part sloping ceiling.
Bedroom Three 8ft 7 x 7ft 8 (2.64m x 2.36m) With window to the rear aspect, part sloping ceiling and electric night storage heater.
Outside There are fenced, gravel topped gardens to the side aspect which can provide space for off road parking. Immediately to the rear of the house there is an attached STORE and 2 timber SHEDS complete the property.
Tenure: See Legal Pack
EPC Rating: G
The auction for this property will be conducted online through our online-bidding platform. This is a “Timed Auction”, so there are no other lots being sold alongside this property.
The timeslot for the auction is displayed on SDL Auctions’ website. To view this, search for the property on their website. Then click onto the property to view the property details. The time remaining to bid and end date of the auction is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Auctions’ Buyers Terms (England & Wales) which are available on SDL Auctions website.
Auction type- Unconditional with Variable Fee
If you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end. You must then pay the applicable fees and deposit. You must complete the sale within 20 business days unless the Special Conditions of Sale contained within the Legal Pack state otherwise.
The following non-refundable fees apply:
Buyer’s Fee- payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Buyer’s Fee is subject always to a minimum of £6,000 (including VAT). The Buyer’s Fee does not contribute to the purchase price.
On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual purchase price of the property, subject to a minimum of £5,000. The deposit contributes towards the purchase price.
When you register to bid, you will be prompted to provide your payment details to SDL Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Buyer’s Fee & Deposit. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:
Buyer’s Fee of £7,200- 4.8% of guide price
Deposit of £7,500- 5% of the guide price
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:
£960 for Buyer’s Fee shortfall (£8160 due as 4.8% of actual purchase price)
£1,000 for Deposit shortfall (£8500 due as 5% of actual purchase price)
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on SDL Auctions’ website and click onto the property to view the property details. There will be a sub-heading “Legal Documents”. Underneath this, you will be prompted to “Log in to view the legal documents”. Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
To register to bid on the property, search for the lot on SDL Auctions website. Click onto the property, follow the link to “Log in/register to bid” , and you will then be directed to create an account with the online-bidding platform provider, EIG.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.