For sale by Unconditional Online Auction.
On behalf of Castle Estates - Hinckley
Detached Period House with Planning Permission
A rare opportunity to purchase a detached period family residence with a building plot with outline planning permission for a pair of three bedroomed semi detached houses. Viewing is essential to fully appreciate its wealth of attractive features and it is an ideal rental property
It is situated in a quiet location, yet convenient for Hinckley town centre and its amenities. Those wishing to commute will find easy access to the A47, A5, M69 junctions.
Entrance Porch having upvc double glazed outer door and side windows. Georgian glazed inner door to Hall
Hall 13ft x 4ft 3 (4.2m x 1.3m )
having central heating radiator with cover, meter cupboard and wall light points.
Side Study Area 10ft x 3ft 11 (3.3m x 1.2m )
having spot lighting.
Dining Room/Bedroom 14ft 1 into bay x 12ft (4.3m into bay x 3.7m )
having upvc double glazed bay window overlooking the front garden, feature mahogany fireplace with living flame fire and tiled hearth, laminated wood effect flooring, central heating radiator and ornate plaster coved ceiling.
Shower Room 8ft 6 x 4ft 3 (2.6m x 1.3m )
having fully tiled shower cubicle with electric shower over, low level w.c., pedestal wash hand basin, ceramic tiled flooring and half tiled walls
Main Lounge 22ft 3 x 11ft 9 (6.8m x 3.6m )
having bay extension with upvc double glazed window overlooking the side garden, brick fireplace with open fire facility and tiled hearth, two built in storage cupboards, plaster coved ceiling, wall light points, tv aerial point and two central heating radiators.
Cellar 11ft 5 x 10ft 5 (3.5m x 3.2m)
This is beneath the lounge.
Breakfast Kitchen 24ft 11 x 8ft 0 (7.6m x 2.7m )
having a good range of base units, drawers and wall cupboards, matching granite effect work surfaces and upstand, inset single drainer stainless steel sink with mixer tap and rinser bowl, space and plumbing for washing machine, gas cooker as fitted with stainless steel cooker hood over, florescent lighting, red quarry tiled flooring. BREAKFAST AREA having recess with electric log effect fire, original built in feature storage cupboards and down lighting. Glazed double doors opening onto Conservatory.
Utility Area having space for fridge, red quarry tiled flooring and outer door.
Conservatory 15ft 5 x 9ft 10 (4.7m x 3m )
having upvc double glazed windows and double French doors opening onto the rear garden. French doors opening onto Lounge.
First Floor Landing having spindle balustrading and dado rail.
Bathroom 9ft 10 x 7ft 10 (3m x 2.4m )
having white suite including bath with shower over, vanity unit with wash hand basin, low level w.c., central heating radiator, vinyl tiled effect flooring, built in cupboard housing the gas fired boiler for central heating and domestic hot water.
Bedroom One 10ft 5 x 10ft 5 (3.2m x 3.2m )
being twin aspect having original feature fireplace and access to the roof space.
Dressing Room 8ft 10 x 3ft 11 (2.7m x 1.2m )
having central heating radiator and large mirror.
Bedroom Two 12ft 1 x 10ft 9 (3.7m x 3.3m)
being twin aspect having feature fireplace, two built in double wardrobes with cupboards over, upvc double glazed French doors opening onto Juliette balcony overlooking the side garden.
Outside There is direct vehicular access over a chip stone driveway leading to a paved patio area with loggia area. DETACHED DOUBLE GARAGE with up and over doors, power and light. Garden store. Rear access to a yard area. PLANNING PERMISSION for the erection of a pair of semi detached properties.
EPC Rating: F
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 Property 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 Property Auctions' Buyers Terms (England & Wales) which are available on SDL Property 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 Property 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 Property 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 Property 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 Property 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.