House For Sale Holmfield Close, Stockport, SK4

For sale by unconditional online auction on 03/04/2024 12:00 and ending on 03/04/2024 12:15

FOR SALE BY AUCTION

A well-presented studio apartment in a highly desirable area with transport links to Manchester, Stockport and beyond. Sold with tenants in situ on a periodic tenancy, the property is currently let for £530pcm.

Internally the property briefly consists of entrance hallway, lounge/bedroom along with separate kitchen and bathroom.

Additionally, the property benefits from a residential parking permit - available on application to the local council.

- Studio apartment
- Sought-after area
- No onwards chain
- Council Tax Band: A
- EPC Rating: D

Information from The Auction Company

Please note that the property is sold as seen and all images used are for marketing purposes only and must not be relied upon as the property is currently tenanted. The Auction Company strongly recommends interested parties arrange an in-person viewing (strictly by appointment only) to fully appreciate all the property has to offer and to satisfy your own requirements.

Method of Auction:

-\tThis is a Timed Online' auction, meaning bidding takes place online.
-\tVisit The Auction Company website find the property details and the bidding method.
-\tHow long the bidding process is open for, is clearly stated as is the closing date and end time.

Registering to bid:

-\tIn order to bid on the property, you are required to register your details.
-\tYou will be required to undertake identity checks as this is the law.
-\tYou will be required to register your payment details. This is to ensure you have funds available to settle the Buyer's Premium and deposit.
-\tA hold/shadow will be placed on £1,000 for this.
-\tIf you place a bid, it is deemed you have read, understood and agree to the Terms and Conditions of The Auction Company in their entirety.
-\tT&Cs, Buyers Terms and Special Auction Conditions are found on each property details. You must read these before bidding.

Auction type - Traditional Method of Auction (Unconditional):

-\tIf you are the highest bidder, you must exchange legally binding contracts for the sale when the auction for the property comes to an end and complete with 28 days.
-\tThe held amount of £1,000 will be deducted from your account and forms the Buyer's Premium minimum amount.
-\tYou will be contacted within 24 hours to settle the deposit amount payable and any remaining Buyers Premium due.
-\tThe Buyer's Premium is set at 2% + VAT (£2,000 + VAT minimum). This is non-refundable and does not constitute towards the cost of the property.
-\tThe deposit amount is 10% of the sale price and will be collected within 24 hours of the close of auction.

Legal Pack:

-\tThe legal pack is a set of documents that relate to the property and the sale of it.
-\tIt is highly recommended that you download and consider the provided legal pack for the property you are interested in bidding on.
-\tIt is also advisable that you seek legal advice regarding the content of the legal pack, to ensure certainty before bidding.
-\tTo download the legal pack, search for The Auction Company website and find the property of interest. There is a tab for legals' where you will find the documents. To download, you must create a free account with The Auction Passport.
-\tThe 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.

Special Conditions of Sale:

-\tThese conditions are not set by The Auction Company. They are conditions stipulated by the seller and are contractually binding.
-\tYou 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.