MODERN METHOD OF AUCTION…PLEASE READ CAREFULLY….This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.
A spacious and well presented three bedroom terraced property offering a spacious and versatile living space in an ideal location.
The lounge boasts a beautiful fireplace, creating a cozy and inviting atmosphere. Next to the lounge is an extra reception area, which is currently being used as a family room. There is a stunning open plan kitchen-dining area at the rear with extensive wall and base units, plenty of countertop space and breakfast bar.
On the first floor there are three bedrooms, with the two double bedrooms benefitting fitted wardrobes. The family bathroom features a modern suite with shower over bath, tiled walls and laminate flooring.
The enclosed rear garden is a further impressive selling point creating a most pleasant outlook and excellent useable outdoor space.
This property is set close to award winning schools, amenities and only a short walk to Cheltenham Spa train station.
Fees & Charges Explained – Alstone Croft, Cheltenham, GL51 8HA
This property is sold subject to payment of a non-refundable reservation fee of 4.50% to a minimum of £6,600.00 including VAT.
Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.
A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.
This property is being sold under the Modern Method of Auction, which requires the Completion of the purchase within 56 days, although all reasonable endeavours must be made to Exchange Contracts within immediately following the Draft Contracts being received by the Buyer’s Solicitor
A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 56 day period following the auction or the date of acceptance of the offer.
Buyer Information Pack
If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £349.00 (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.
Need More Information?
For further information or to speak to one of our team, please call 01242501619.
These Packs provide material Information to help you to make an informed decision before bidding. It may not include everything you need to know so make sure you do your own research too.
Disclaimer
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.