FOR SALE BY ONLINE CONDITIONAL AUCTION (Timed Sale)
Ideal opportunity for both Owner Occupiers and Investors.
An extended mid-terrace ex-local authority house offering 3/4 bedrooms in need of general improvement
Situated in the popular village of Cam, on the outskirts of Dursley on the edge of the Cotswolds is this 3 bedroom, 3 reception room ex-local authority house. The property has been extended to the rear with full width conservatory which provides the principle living accommodation. There are two further reception rooms with access to the conservatory, one of which is currently used as a bedroom. A large kitchen also with access to the conservatory also benefits from a lobby/utility room with additional front door. Upstairs there are 3 bedrooms and a bathroom. The property is generally in good condition although needs updating. We are advised by the sellers the electrical installation in the bathroom needs attention. To the front of the property is parking for several cars. To the rear is a good sixed level garden laid mainly to lawn, with raised deck area.
This is an unusually wide property with two front doors, the position of which lend to converting the property into 2 flats subject to the necessary consents. Alternatively the plot is large enough to accommodate a larger 2 storey rear extension, providing potential for conversion into two houses, again subject to the necessary consents
The property is being sold by Conditional Auction not to be confused with Traditional Auction. The successful buyer will be required to pay a non-refundable reservation fee of 2% + vat (2.4% inc vat) to secure the property. The reservation fee forms part of the overall purchase price, similar to a non-refundable deposit and as such prospective bidders are advised to take this into account before the auction. The reservation fee gives the successful buyer exclusive rights to exchange contracts within 28 days. Upon exchange the buyer has a further 28 days to complete providing a total of 56 days.
A full auction legal pack can be downloaded from the Auction House Bristol website once available. For further information on the other lots in this auction please visit the website.
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
Call the team on 0117 946 4949 for more information
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