Guide price
£250,000
4 bed property for saleAdbaston, Stafford ST20
4 beds
3 baths
3 receptions
- Auction
Pattinson - Auctions
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About this property
Fantastic opportunity to create a family home in a sought after rural location
Three reception rooms, kitchen & ground floor wet room
Generous garden plot
Property requires substantial renovations following a recent burst pipe and subsequent flood damage
Cash Buyers Only
Four bedrooms, one en-suite & principal bathroom
Summary
This 4-bedroom detached house presents a unique opportunity for those with a vision for transformation. Brimming with potential, this property, being sold via Secure Sale online bidding with a starting bid of 250,000, offers the chance to craft a bespoke family dwelling from the ground up.
This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.
Stepping into the residence, you will discover three reception rooms that promise versatility and space for entertaining, alongside a kitchen and a convenient ground floor wet room.
Ascend the staircase to find four bedrooms, including one en-suite, and a principal bathroom.
Enjoying a generous garden plot, this property has plenty of outdoor space.
Although this property requires substantial renovations due to a recent burst pipe and subsequent flood damage, there is a huge amount of potential.
Located within close proximity to larger settlements, this rural property combines tranquillity with accessibility, promising a retreat from the hustle and bustle without sacrificing convenience.
There is an electrical supply to the property, but the agent is unable to confirm whether this is safe following the recent water damage. Likewise, the mains water supply is currently turned off. Any interested parties should ensure their lender is aware of this and that the property satisfies their lending requirement, prior to viewing.
The vendor advises us that the property was subject to ground water flooding in 2020, which was subject to an insurance claim and subsequent repairs, however, the vendor is unable to supply any relevant documentation.
Council Tax Band: E
Tenure: Freehold
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 7.2% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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