Offers Over, £150,000

Bingley

** FOR SALE BY MODERN METHOD OF AUCTION WITH ADVANCED PROPERTY AUCTION ** STARTING BIDS £150,000 ** FEES APPLY. A fantastic opportunity to purchase this end terrace property with planning consent to construct a two story side and single story rear extension with double detached garage to offer SEVEN bedroom accommodation.
**DEVELOPMENT OPPORTUNITY** This three bedroom end terrace property in Cottingley, Bingley will appeal to those looking for a project. The current owner had planning permission (ref - 20/00265/HOU) granted in March 2020 for a two storey side and single storey rear extension. The drawings show the property with seven bedrooms, five bathrooms and three reception rooms. Internally, the property has already been stripped out with all upstairs walls removed, ready for the installation of the new layout. Externally, the site has been levelled in preparation for the build, however, only construction work on the double garage has commenced. Existing and proposed floorplans have been uploaded to assist purchasers. The property is delightfully situated within a highly sought after Cottingley location. Cottingley offers a range of local shops and amenities, and a well-respected primary school. The adjoining town of Bingley offers its residents an array of first class amenities which include local shops, bars and eateries, excellent primary and secondary schools and superb commuter links to the immediate local area as well as a train service which commutes daily to the cities of Leeds and Bradford. Auctioneer's Comments This property is for sale by the online Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction allows the purchaser 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the sale and takes the property off the market. Fees paid to the Auctioneer are in addition to the price agreed. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to a 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. T&C'S apply to the online Modern Method of Auction, which is operated and powered by Advanced Property Auction.
Floorplan for Bingley Floorplan for Bingley

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