20 Fletcher Road, CHIGWELL, Essex, IG7 4HD
- Conditional Online Auction Sale
- Bedrooms: 3
GOTO AUCTIONS ARE PLEASED TO OFFER FOR SALE THIS COMPETITIVELY PRICED 3 BEDROOM HOUSE IN CHIGWELL
Tenure
FREEHOLD
Description
This property is for sale by Modern Method of Auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been issued by the vendors solicitor. Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer with be required to put down a non-refundable reservation fee. The fee will be a fixed fee including the Vat, this secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.
To book a viewing visit Purplebricks
This property is offered for sale by 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 complete the transaction, from the date the Draft Contract is issued by the vendor’s 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 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 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 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 £7,800 including VAT, plus an administration charge of £354 including VAT, a total of £8,154. 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 auction website.
The Buyer’s Premium and administration charge are in addition to the final negotiated selling price
Information
Property Description
Being offered for sale chain free is this charming three bedroom home. The house has superb room sizes and a functional layout, the ideal canvass to create your own home.
Needing full refurbishment this is an ideal property for anyone looking for a project.
Situated in Chigwell and being close proximity to local transport including bus routes, Hainault underground station with links to Stratford and Liverpool Street.
Offered for sale with no onward chain. Property is of non standard construction.
Front
Driveway with parking for several cars, side access to garden, front door leading to;
Hallway
Window to front aspect, stairs to first floor, doors leading to;
Living Room
12'7 x 12'5 Window to front aspect, feature fireplace, door leading to;
Kitchen
12'7 x 10'7 Window to rear aspect, fitted cupboards, one and a half sink with drainer, space for oven, electric extractor fan hood, space for fridge, space for freezer, door leading to;
Rear Lobby
Fitted cupboards, door to garden
Landing
Doors leading to;
Bedroom One
12'10 x 11'11 Window to front aspect, fitted cupboard
Bedroom Two
12'10 x 9'3 Window to front aspect, fitted cupboard
Bedroom Three
8'9 x 8'6 Window to rear aspect, fitted cupboard
Bathroom
5'9 x 5'9 Window to rear aspect, panel bath with shower attachment, hand wash basin, fitted cupboard, splash tiling to walls
W.C.
Window to rear aspect, low level w.c
Garden
Very large garden, mostly laid to lawn, side access to driveway
EPC Rating
CURRENT 39/80 POTENTIAL
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.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £7,028 including VAT and a legal pack charge of £372 including VAT. This reserves the property for the buyer during the Reservation Period. 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 is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
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 the fee specified above 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.
Loading the bidding panel...
Office Contact
Agreement Documents
Additional Documents
Related Documents
Share
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.