3 bed semi-detached house for sale

Cedar Lane, New Ollerton, Newark, Nottinghamshire NG22

For Sale By Modern Method of Auction - T & Cs Apply

An exciting opportunity for investors, developers, or those looking to put their own stamp on a home this three bedroom semi-detached property on Cedar Lane, New Ollerton offers fantastic potential and is now available with no onward chain.

In need of renovation throughout, the property currently comprises:

- Entrance Hallway

- Spacious Living Room

- Open-Plan Kitchen/Dining Room

- First-Floor Landing

- Three Good-Sized Bedrooms

- Family Bathroom

- Externally, the property boasts front and rear gardens, a shared driveway, and a detached garage, providing ample outdoor space and off-road parking.

Set in a popular residential area close to local amenities, schools, and transport links, this is a great opportunity to create a wonderful family home or a smart investment.

New Ollerton is conveniently located with easy access to the A614 and A1, providing straightforward routes to Nottingham, Mansfield, Worksop, and Lincoln. Public transport options include local bus services connecting to nearby towns and villages. The area is home to well-regarded primary and secondary schools, making it a good location for families. Quiet residential streets, local parks, and community amenities contribute to a safe and friendly neighbourhood feel. The town sits on the edge of Sherwood Forest, offering direct access to beautiful woodland walks, cycling routes, and nature reserves. It's perfect for those who enjoy outdoor recreation and scenic countryside.

Buying Conditions

This property is for sale by the Modern Method of Auction. Should you view, offer, or bid on the property, your information will be shared with the Auctioneer, Iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer's solicitor. This additional time allows 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. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee 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 Information Pack

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 which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Entrance Hall

Lounge

4.41m x 3.33m - 14'6” x 10'11”

Kitchen/Dining Room

5.33m x 3.07m - 17'6” x 10'1”

Utility

2.71m x 1.81m - 8'11” x 5'11”

First Floor Landing

Bedroom 1

4.29m x 3.06m - 14'1” x 10'0”

Bedroom 2

4.28m x 3.34m - 14'1” x 10'11”

Bedroom 3

3.27m x 2.12m - 10'9” x 6'11”

Bathroom

1.69m x 1.58m - 5'7” x 5'2”

WC

Outside

Garage