Full details for 4 Bedroom End of Terrace For Sale in St Austell

FOR SALE BY CONDITIONAL AUCTION in partnership with SDL Auctions

Full terms and conditions are available on the SDL Auctions website.

This generous sized 4 bedroom, end of terrace property is located at the end of a quiet cul-de-sac in St. Austell and is within a short walk of the local park and Bishop Bronescombe School.

The accommodation includes a kitchen with a front aspect window, a cooker,?both floor and wall mounted cabinets and plumbing for a slimline dishwasher. An archway leads into a spacious dining room which benefits from a laminated, light wood effect floor and side aspect window.?

The large lounge has sliding patio doors which open to the enclosed garden. A second door leads to the rear porch which has a good number of wall-mounted and base cabinets. Also on the ground floor is a cloakroom room which has a white toilet and matching corner hand basin.? The upvc double glazed front porch has a storage cupboard which houses the gas meter and the recycling boxes.

Upstairs there are three double bedrooms and one single room, all have a grey fitted carpets and a radiator. The bathroom benefits from a tiled floor, a matching white suite comprising of a toilet, wash basin and bath with a shower over.

With the exception of the back door, the property is fully double glazed and benefits from gas central heating. Limited resident parking is also located close by.

Auction type - Conditional with Reservation Fee
If you are the highest bidder when the auction for the property comes to an end, you will enter into a reservation agreement with the seller. You must then pay the applicable reservation fee. You will then have 40 business days within which to exchange contracts?and complete the sale, unless the Special Conditions of Sale contained within the Legal Pack specify a different time limit. If you fail to do so, you may lose your reservation fee. During the 40-business day reservation period, the seller is not able to accept other offers.

Auction Fees
The following non-refundable fees apply:
Reservation Fee- payable immediately when the auction ends. This is calculated as a percentage of the actual purchase price of the property. Either:

(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000

(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000

The Reservation Fee is subject always to a minimum of £6,000 (including VAT). The Reservation Fee does not contribute to the purchase price.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the seller’s discretion, not on the instruction of SDL Auctions, and will be in addition to any fees payable to us.? SDL Auctions has limited control over the content of the Special Conditions of Sale.

Deposit
This property is listed under the Conditional with Reservation Fee sale method, therefore the deposit will be payable on exchange of contracts and executed via the solicitors. The amount to be paid will be listed in the Special Conditions of Sale.

Payment Method:
When you register to bid, you will be prompted to provide your payment details to SDL Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Reservation Fee. The payment will be calculated based on the guide price of the property, in line with the fee scale described above.?Where?the actual purchase price is higher than the guide price,?you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer.? Payment by cash or cheque will not be accepted.

Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:

Reservation fee of £7,200 – calculated as 4.8% of guide price - this will be charged immediately after the auction if you are the winning bidder.
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:
£960 for Reservation Fee shortfall (£8160 due as 4.8% of actual purchase price)

Legal Pack
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on SDL Auctions’ website, and click onto the property to view the property details. There will be a sub-heading “Legal Documents”. Underneath this, you will be prompted to “Log in to view the legal documents”.? Follow this link, you will then be directed to create an account with Auction Passport to view the documents.?
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.

Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.

Registration Process:
To register to bid on the property, search for the lot on SDL Auctions’ website. Click onto the property, follow the link to “Log in/register to bid”, and you will then be directed to create an account with the online-bidding platform provider, EIG.