Gunn End, Shipston-on-stour, CV364BJ

Starting Price* £300,000
Time Left 4d 23h 37m 08s

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  • Overview
  • Particulars
  • Request Details
  • Agent Details
  • Fees & Charges Explained

Property Overview

This is an excellent opportunity to purchase a fantastic family home in the popular town of Shipston on Stour. On the ground floor there is a lounge, cloakroom, open plan kitchen which has been extended to provide a lovely dining and entertaining area. On the first floor are four bedrooms, with the master having an en suite shower room. Outside is a lawned rear garden with patio, there is driveway parking to the rear of the property along with access into the studio / garage.

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 Modern Method of Auction, which is powered by IAM Sold.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the buyer to exchange contracts immediately; however, from the date the draft contract for sale is received by the Buyer's solicitor, the buyer has 56 DAYS in which to complete the transaction; whilst using every endeavour to exchange contracts within the first 28 days. Allowing the additional time to exchange contracts 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 make payment of:

  • A non-refundable Reservation Fee of 4.2% of the final agreed sale price including VAT - this is subject to a minimum of £6,000.00 including VAT - which reserves the property from sale by securing the transaction and takes the property off the market. The Reservation Fee is paid in addition to the final negotiated selling price.
  • A non-refundable Buyer Information Pack fee of £200.00 including VAT towards the preparation cost of the pack, if the Buyer Information Pack has been produced and provided by IAM Sold. The Documents in the pack can then be used by your solicitor during the conveyancing stage of the purchase. It is recommended that you view the Buyer Information Pack before agreeing to your purchase.
Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification for this must be sought from your legal representative.The buyer will be required to sign a Reservation Agreement to confirm acceptance of the terms prior to solicitors being instructed. A sample copy of the Reservation Agreement and all terms and conditions can be found in the Buyer Information Pack, which can be downloaded from the auction section of our website, or requested from our Auction Department.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 Modern Method of Auction, which is operated by the West Midlands Property Auction powered by IAM Sold.

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

Approach To The Property To the front of the property is a lawned front garden with a pathway to the front door. Entrance Porch Built of UPVC construction with double glazing, a timber door leads into the entrance hall. Entrance Hall With a wall mounted radiator, doors to the lounge, kitchen and cloakroom. Stairs rise to the first floor landing. Cloakroom Comprising W.C, wash hand basin, wall mounted radiator and a window to the front aspect. Lounge 19' 3" x 11' 11" ( 5.87m x 3.63m ) Having a window to the front aspect and French doors leading into the dining area / sun room. With a feature fireplace with inset fire (not tested) and a wall mounted radiator. Dining Area / Sun Room 23' 3" x 8' 2" ( 7.09m x 2.49m ) Having windows to the rear, Velux windows to the roof, French doors and a single door into the rear garden. With a wall mounted radiator. This open plan area leads onto the kitchen and a door leads into the studio/garage. Kitchen Fitted with a range of wall mounted and base kitchen cabinets with complementary work surfaces over and inset sink with mixer tap. With space for a freestanding cooker, space for a fridge freezer, space and plumbing for a washing machine. Having tiled splashbacks, storage cupboard and a wall mounted radiator. First Floor Landing With doors to the four bedrooms, bathroom and separate W.C. The airing cupboard housing the boiler is also located on the landing, Bedroom One 19' 4" max x 15' 5" max ( 5.89m max x 4.70m max ) Benefitting from a dual aspect with windows to the front and rear, wall mounted radiator and a door into the en suite. En Suite Comprising W.C, wash basin and shower enclosure. With extractor fan, wall mounted radiator, part tiled walls and a window to the rear aspect. Bedroom Two 13' max x 11' max ( 3.96m max x 3.35m max ) Having a window to the front aspect and a wall mounted radiator. Bedroom Three 11' 11" max x 9' 2" max ( 3.63m max x 2.79m max ) Having a window to the front aspect and a wall mounted radiator. Bedroom Four 9' 1" max x 6' 10" max ( 2.77m max x 2.08m max ) Having a window to the rear aspect and a wall mounted radiator. Bathroom Comprising wash basin and bath with shower over. With part tiled walls, wall mounted radiator and a window to the rear. Separate W.C With a W.C and a window to the rear aspect. Outside Rear Garden The rear garden is laid to lawn with a paved patio area. The garden leads to the gravelled driveway and studio / garage. Studio / Garage The garage is currently being utilised as a studio, with a window to the front aspect and double wooden doors onto the driveway. Parking There is a generous gravelled driveway to the rear of the property with double wooden gates to the boundary.

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Connells

Local Branch: 11B Meer Street, Warwickshire, CV37 6QB
Head Office: Cumbria House, Leighton Buzzard, LU7 1GN

Fees & Charges Explained

Gunn End, Shipston-on-stour, CV364BJ

This property is sold subject to payment of a non-refundable reservation fee of 4.2% 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.

Buyers Information Pack

If the Buyer Information Pack Pack has been produced and provided by IAM Sold any successful purchaser will be required to pay £200.00 (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 0121 366 0539.

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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