FOR SALE BY ONLINE AUCTION - CASH BUYERS ONLY GUIDE PRICE: £225,000 - £250,000 (£25,000 Bidder Security required on this auction Lot - please ensure your account is authorised to spend this amount in one transaction through your bank/building society) BIDDING OPENS: 12PM - Tuesday 28th November, 2023 BIDDING ENDS: 12PM - Wednesday 29th November, 2023 (*Please ensure you create your auction account by 5pm on Tuesday 28th November, with 2 forms of valid ID - if you intend to bid on the property. Any registrations after this time, may not be authorised for bidding). *ALL PROSPECTIVE BIDDERS ARE REMINDED TO READ THROUGH THE T&C'S PRIOR TO BIDDING* Built by locally renowned Jagger Builders, this 4 bedroom detached property is situated in the popular residential area of Fixby and offers a wealth of potential for redevelopment. Constructed as a 4 bedroom property, with 2 reception rooms and is set on to a generous plot with gardens to both front and rear, the property would make an ideal redevelopment project. The property requires complete refurbishment and has suffered from a water leak from the first floor. In its present condition, it is our opinion that the property is unmortgageable and therefore would only be available to cash purchasers. Energy Rating: F
Enter the property through an external door into:-
With built-in storage cupboards.
With an Art Deco bay window to the front elevation and a tiled fireplace.
Fitted with a brick fireplace and patio doors giving access to the rear garden.
With a stainless steel sink unit and built-in pantry cupboard. There is a side entrance door and built-in understairs store cupboard.
With windows both the side and rear.
Situated above the garage and fitted with a uPVC double glazed window.
Furnished with a 2 piece white suite.
Furnished with a low flush WC.
To the front of the property there is a driveway which provides access to the integral single garage. There are garden areas to both the front and rear.
The auction legal pack contains title extracts relating to the auction property. Bramleys have not checked the title deeds for any discrepancies or rights of way. All prospective bidders should review the documents located within the auction legal pack and make their own enquiries before placing a bid on the auction property.
Leave Huddersfield via Bradford Road, proceed through the traffic lights at Fartown passing the Asda superstore on the right-hand side. Proceed straight across the roundabout and upon reaching Bradley Bar roundabout proceed straight across towards Brighouse the property is located on the left-hand side and can be identified by a Bramleys Auction board.
The auction legal pack shows that the property is:-
Leasehold - 999 years from 1st January 1938 / Ground Rent: We are informed by the sellers solicitors that the Freeholder is absent. The lease document is shown in the legal pack for anyone wishing to have a look at the original information.
Please note, We would advise all prospective purchasers to clarify the amount with their solicitors prior to bidding on the property.
Please use the following link to view Bramleys online auctions buying guide which gives full details on the buying process:- https://www.bramleys.com/files/Online-Auctions-Buying-Guide.pdf
This property is currently not habitable, therefore the property is available to Cash Buyers only. Bramleys will require proof of funding prior to bidding. We therefore recommend that 2 forms of ID and your proof of funding is provided directly to Bramleys by 5pm on Tuesday 28th November, otherwise authorisation for bidding may not be granted.
The auction legal pack is available to view online, please access the auction portal through the auction lot on our website. If you have not registered with us before, then you will need to create a new account.
We advise all prospective bidders to pay close attention to all the documents within the legal pack.
The auction contract will need to be signed by the successful bidder within 24 hours of the auction ending.
Any bids received through the online auction platform are legally binding and therefore cannot be withdrawn during the auction process.
If you are unsure for any reason prior to bidding at auction, you should either instruct a solicitor to look over the legal pack or alternatively direct your enquiry to the sellers solicitor.
Failure to complete on a purchase will result in financial penalties due to breach of contract.
Please ensure the name of the purchaser/company is correct on your registered auction account and the ID provided also links with this information.
As all details provided at the end of the auction will be added to the contract and sent to both sets of solicitors.
Persons bidding by proxy, must still provide ID for themselves and the person/company buying the auction lot.
Failure to provide the correct buyers information, can cause the auction contract to be invalid, meaning a potential loss of the deposit and further legal charges.
The bidder security of £25,000 will be used as payment of the deposit (please ensure your account is authorised to spend this amount in one transaction through your bank/building society), however if the price goes above £250,000 then Bramleys will require an additional amount to provide a 10% deposit to the sellers solicitors.
Failure to pay the remaining balance within 24 hours of the auction finishing, will incur financial penalties (interest rate shown on auction contract), interest will be added to the remaining deposit balance until the full 10% has been paid.
The interest will be passed to the seller or persons entitled to it under the sales conditions.
The successful purchaser will be required to pay an auctioneers administration charge of £1,500 inc VAT for each lot purchased whether the lot is purchased at the auction, prior to or after the auction.
An invoice for the above amount will be sent to the successful bidder after the auction has ended. This payment is required to be paid within 24 hours of the auction ending.
This payment goes direct to Bramleys LLP and is non-refundable.
As per the auction contract, it states that 'on completion the buyers will reimburse the seller’s solicitors the sum of £281.20 for the search fees'.
Failure to complete a purchase on an auction property bought through Bramleys will result in breach of contract and will incur the following financial penalties:-
1) Loss of 10% deposit.
2) Loss of buyers premium.
3) Any and all costs for the Agents to re-list the property
4) The buyer will pay the difference in value, on resale of the property.
Failure to complete, will result in Bramleys and / or the sellers solicitors taking legal action to recover the amounts mentioned above due to breach of contract.
FAO: Alison Mason
Ridley & Hall Legal Limited
35 Market Street
Buyers must provide details of their chosen solicitor within 24 hours, so that in the event of winning a Lot Bramleys can initiate the necessary legal proceedings between both sets of solicitors.
The property is part of a deceased estate, therefore the auction legal pack provided by the solicitors contains as much information as can be provided, due to the representative having limited knowledge of the property.
Subject to a successful bid being received on the above auction property on 29th November, 2023. The completion date has been extended until on or before the 'TBC' January, 2024. Any delays after this date will be subject to daily interest on the remaining sales balance, as detailed within the auction contract.
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