47 Bright Street, Hartlepool, Cleveland, TS26 8LA
- Unconditional Online Auction Sale
- Bedrooms: 2
- Bathrooms: 1
Description
This two bedroom end of terrace house at Bright Street in Hartlepool is an ideal investment opportunity. Starting Price: £45,000.
Bright Street is close to local amenities and within a walking distance of Hartlepool Town Centre and Marina.
The ground floor comprises of a brief entrance leading into a spacious lounge, with access to a kitchen, family bathroom and rear yard. Ascending the staircase, the first floor directly services two bedrooms.
This property is CHAIN FREE and an ideal candidate for Buy to Let investors.
This property is offered for sale via unconditional auction. Upon successful bid, the buyer will be required to pay a non-refundable Buyer’s Premium of 6% including VAT, subject to a minimum of £6,000 including VAT(in addition to the final negotiated selling price). The buyer will also be required to pay a non-refundable deposit, which will form part of the purchase price to allow exchange of contracts to take place immediately, with completion thereafter within 28 days. The deposit payable will be 10% of the purchase price. The Buyer’s Premium is paid in addition to the final negotiated selling price. Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please note there will also be a fee payable for the auction pack provided to a sum of £396 inclusive of VAT, and may be subject to further expenses outlined in the special conditions if applicable.
Tenure
FREEHOLD
Energy Efficiency Rating - Current
52
Energy Efficiency Rating - Potential
76
Opening Bid and Reserve Price
This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.
Comments
This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will be required to exchange contracts on the fall of the virtual hammer, but will be given 28 days in which to complete the transaction.
The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneers authority to sign the Contract for exchange on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auction Department.
Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of £6,000 including VAT, plus an administration charge of £396 including VAT, a total of £6,396. 10% of the purchase price will need to be paid in way of a part payment deposit which contributes towards your purchase price. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the auction website.
The Buyer's Premium and administration charge are in addition to the final negotiated selling price.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Energy Performance Certificate(EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines.Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient.The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method.EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type.The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared.During this period the EPC may be made available to buyers or new tenants.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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