Semi-detached house for auction in Bingley

Description

A semi-detached dwelling sold freehold and with vacant possession. The property requires comprehensive renovation and significant structural repairs offering investors an opportunity to renovate before letting or reselling. The property is arranged over three storeys, plus cellar, and features three bedrooms, attached garage, and generous gardens to the front and rear.

Interested parties should undertake a full inspection of the property before bidding to ensure they are aware of the complete scope of works required.

The property fronts Cottingley Cliffe Road in a semi-rural area of Bingley. The house is surrounded by open fields to the north, west, and south. The B6269 provides strong transport links, leading to the A650. Bradford city centre is approximately 4 miles to the south-east.

Accommodation

Ground Floor:
Entrance porch, 2 x reception rooms, kitchen, conservatory, W.C.

First Floor:
2 x bedrooms, bathroom

Second Floor:
Bedroom, W.C.

Tenure

Freehold

Occupancy

Vacant posession upon completion

Costs

Auction Details

The sale of this property will take place on the stated date by way of Multi lot timed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 10% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

General

1. The sale is subject to a restriction in favour of the Council whereby the buyer is to renovate the property to a habitable condition for occupation as a dwelling house within a period of 12 months. In the event of default, the Council will have the option to buy back the property. The buyer will not be able to sell the property whilst the restriction is in place and up until the restriction has been removed with the Council’s consent.

2. During the renovation period, the Buyer is to maintain contact with the Council with regards to progress of works. The Buyer is expected to reasonably co-operate with officers to facilitate site inspections.

3. Viewing is essential before bidding.

4. The property has been empty for over two years and as such may incur a raised Council Tax premium. Please make your own enquiries with the Council Tax Office.

5. The pre-authorisation of the bidding deposit for this lot is £5,000.