Allens Lane, NORWICH, NR78EJ

This auction has ended!
   
Final Bid:
£240,000.00
  • Overview
  • Particulars
  • Agent Details
  • Fees & Charges Explained

Property Overview

William H Brown are pleased to present this two bedroom semi-detached bungalow which is situated in the popular suburb of Sprowston. The bungalow is close to local amenities, schools and shops.

The property comprises of; entrance hall, two bedrooms, family bathroom, lounge and kitchen, there is uPVC double glazing and gas fired central heating. Outside, there is a large driveway providing off-road parking with an enclosed rear garden with an outbuilding/bar.

Starting Bid and Reserve Price

*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold.

This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack.

Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.

Listing is subject to a start price, and hidden reserve price that can change.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

Entrance Hall Door to front, laminate flooring, loft hatch, radiator and storage cupboard. Bedroom One 12' 9" x 9' 6" ( 3.89m x 2.90m ) uPVC double glazed bay window to front and radiator. Bedroom Two 13' 5" x 8' 3" ( 4.09m x 2.51m ) uPVC double glazed bay window to the front and radiator. Bathroom Suite comprising WC, wash hand basin and bath with shower over. Tiled flooring and tiled walls, uPVC double glazed window to side. Towel radiator. Lounge 14' 7" x 12' ( 4.45m x 3.66m ) Wooden flooring, fireplace housing wood burner, patio doors lead out onto the patio area and garden. Radiator and uPVC double glazed window to rear. Kitchen 9' x 5' 8" ( 2.74m x 1.73m ) Wall, base and drawer units, built-in gas oven and electric hob with extractor over. Stainless steel sink/drainer, tiled splashbacks, uPVC double glazed window to side and door leading out to the rear garden. Exterior To the front of the property there is an extremely large shingle driveway which is enclosed by fencing. To the rear, there is an enclosed rear garden with patio leading to the property with decking area and astro-turf lawn. To the side, there is s shingled area with space for a shed, to the foot of the garden, there is an outbuilding which has been converted into a bar. This comprises of a bar and seating area, to the rear of the bar there is a small useful utility space.

William H Brown

Local Branch: Tesco Stores Ltd, NORWICH, NR7 8AB

Fees & Charges Explained

Allens Lane, NORWICH, NR78EJ

This property is sold subject to payment of a non-refundable reservation fee of 4.20% to a minimum of £6,000.00 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 to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract 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 28 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 £300.00 (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 01709 717 191.

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.

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