24 Bramshill Close Arborfield, Reading, Berkshire, RG2 9NF
- Conditional Online Auction Sale
- Bedrooms: 3
Description
This terrific three-bedroom home is superbly positioned on a quiet no-through road in the increasingly sought-after village of Arborfield.
Occupying a generous plot, the property offers a rare and exciting opportunity, with approved planning permission already in place for the construction of a detached two-bedroom home with its own parking. This presents a fantastic prospect for a variety of buyers, whether you’re looking for a family home with future development potential, an investment opportunity, or multi-generational living options.
The existing home offers approximately 1,256 sq ft of comfortable and versatile accommodation. The ground floor comprises a spacious living room, a study which could also serve as an additional bedroom, a well-proportioned kitchen/dining room, utility room, shower room and separate WC. Upstairs, you’ll find three generous bedrooms and a family bathroom.
The approved development plot is currently occupied by a substantial double garage, highlighting the scale and potential of the overall site.
Arborfield continues to grow in popularity, and it’s easy to see why. The property falls within the catchment area for highly regarded local schools, including Farley Hill and Bohunt. Residents enjoy a wealth of scenic countryside walks on their doorstep, while excellent transport links provide easy access to both Reading and Wokingham, as well as convenient connections to the motorway network.
The area has also benefited from significant recent investment, including a brand-new Sainsbury’s Local, with further amenities planned for the future.
Externally, the property benefits from a private driveway and is offered to the market with no onward chain complications.
Opportunities such as this are rarely available — a wonderful family home combined with genuine future potential in one of the area’s most exciting and up-and-coming locations.
Viewings are strictly by appointment and can be arranged immediately.
Material information:
If you intend to purchase using mortgage finance, you should satisfy yourself that the property is suitable for the purposes for which you intend to use it and that it meets your lender's requirements to secure lending before bidding.
A Legal Pack is available for this property and should be reviewed carefully before bidding. Neither GOTO Group nor the estate agent accepts any responsibility or liability for the accuracy or completeness of the Legal Pack and shall not be liable for any loss or damage arising from any inaccuracies, omissions or errors contained within it. Buyers should review the Legal Pack carefully, carry out their own due diligence and obtain independent legal advice where appropriate before proceeding.
Tenure
Freehold
Energy Efficiency Rating - Current
64
Energy Efficiency Rating - Potential
75
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 not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.
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 £22,896 including VAT, plus a buyer's administration charge of £396 including VAT, a total of £23,292. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium and buyer's 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.
Buyer's Administration Charge
If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £396 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
Buyer Fees
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
- You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
- 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 click here for more information.
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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