3 bedroom semi detached in walking distance of Norwich City Centre
58 Plumstead Road, Norwich, NR1 4JR
- 6
Guide Price: *
£140,000
Fees apply
Buyer's fee:£2,400
Admin fee:£3,600
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£150,000Bid history
3 bidsAThis is an automatic bid as the bidder has set a maximum bid for this lot
26/09/2022 18:50:10 - £150,000
E
26/09/2022 18:50:10 - £149,000
AThis is an automatic bid as the bidder has set a maximum bid for this lot
26/09/2022 18:45:44 - £140,000
The property offers two well-proportioned reception rooms with the sitting room to the front of the property accessed by the hallway and a separate dining room/second reception room to the rear which can be used for a variety of options, one of which still possesses a traditional feature fireplace. A generous hallway leads into a galley kitchen which requires modernisation, and updating leading to a rear lobby.
Upstairs there are three well-proportioned bedrooms, two of which feature fireplaces and existing built-in wardrobes, with the potential for more storage. There is a family bathroom serving the house.
This home is an excellent opportunity to renew and improve around the existing features.
Please note:
The current owners have informed us that the property has experienced some historic movement and has had some underpinning. Due to this nature, we would advise any buyers to do their own homework prior to bidding. Due to the work required with this property the owners have requested cash buyers only which has been taken into consideration with a realistic guide and reserve price.
The property is unregistered and will be registered on completion to the buyer.
A 5% deposit is required by 12pm midday on the following working day after the auction. The auction conditions require a full legal completion to take place within 56 days from exchange or once the property has been registered in the new buyers details on completion following the auction (unless otherwise stated) or at a date to suit by mutual consent of both parties. The winning buyer will be charged a sum of £5,000 online. From this, a buyers fee of £2,400 (including VAT) is retained by Town and Country Property Agents Limited t/as Country Property Auctions as a contribution towards online platform costs and £2,600 is payable towards the purchase price.
An additional auction fee of 3.6% (including VAT) less the £2,400 already paid (subject to a minimum of £6,000 (incl. VAT) in total and will be payable by the winning buyer by 12pm the next working day after the auction, Town and Country Property Agents Limited t/a Country Property Auctions will invoice the buyer for this amount separately.
Exchange will occur online, immediately when the timer reaches zero (provided the reserve has been met). The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
Summary
- Auction end
- 26th Sep at 19:00
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- Ask Agent
Summary
- Auction end
- 26th Sep at 19:00
- Property type
- Residential
- Tenure
- Ask Agent
- Bedrooms
- 3
- Bathrooms
- 1
- Council tax band
- Ask Agent
This property is being sold by:
Country Property Auctions
0333 242 0834
8 Thorpe Road, Norwich NR1 1RY
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Country Property Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Country Property Auctions. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.
