Instantly find listings for sale in your area

"

For sale by auction held at The Graeme Hick Pavilion, Worcestershire County Cricket Club, New Road, Worcester, WR2 4RL. Wednesday 5th March Auction start time 14 00.

This one bedroom 2nd floor flat offers spacious living area, kitchen, and double bedroom, maximizing space and functionality.

Located in close to the city centre the property offers easy access to amenities. The property requires modernisation and could be fantastic investment.

BUYER S PREMIUM

Please be aware all purchasers are subject to a 1.5% VAT 1.8% inc VAT min fee of £3000 VAT £3600 inc VAT buyer s premium which is ALWAYS payable upon exchange of contracts whether the sale is concluded before, during or after the auction date.

GUIDE PRICE

The guide price is an estimate of the seller s minimum acceptable price at auction. It helps potential buyers decide whether to pursue a purchase. Typically, a provisional reserve price range is agreed upon between the seller and auctioneer at the start of marketing. Since the reserve price isn t fixed and can be adjusted up until the auction day, the guide price is issued. It may be presented as a price range or a single figure within 10% of the final reserve price. The guide price is different from the reserve price and can change up to the auction day.

RESERVE PRICE

The reserve price is the minimum amount the seller is willing to accept at auction. It is confidential between the seller and auctioneer and represents the lowest price at which the property can be sold. Like the guide price, the reserve price can be adjusted up until the auction day.

REGISTRATION PROCESS

The registration process is extremely simple visit the Hills website and click on the Register to Bid button at the top of the home page.

Please note this function is not available on Rightmove or On The Market.

Stage 1 Complete the Online Bidding Form

Stage 2 Upload your certified ID

Stage 3 Register your Solicitors

Stage 4 Invitation to Bid

Stage 5 Pay your security deposit £5000

You are now ready to bid!

For successful bidders, the buyer s premium 1.8% including VAT, with a minimum of £3,600 including VAT will be deducted from the £5,000 security deposit, along with an administration fee of 1.5% of the purchase price.

The 10% deposit must be paid by your solicitor to the seller s solicitor within 24 48 hours, depending on the terms specified in the contract for that particular lot.

SURVEYS AND VALUATIONS

If you would like to arrange a survey or mortgage valuation of this Lot BEFORE the auction, please instruct your appointed surveyor to contact Hills and we will arrange access for them to inspect the property. Please note that buyers CANNOT attend the surveys and the surveyors are responsible for collecting and returning keys to the Hills office in Worcester City Centre.

AUCTION FINANCE & BRIDGING LOANS

Some properties may require specialist auction finance please contact Hills for access to expert advice and whole of market rates from our independent brokers.

AUCTION PROPERTY DETAILS DISCLAIMER

Hills Estate Agents endeavor to make our sales details clear, accurate and reliable in line with the Consumer Protection from Unfair Trading Regulations 2008 but they should not be relied on as statements or representations of fact, and they do not constitute any part of an offer or contract. All Hills references to planning, tenants, boundaries, potential development, tenure etc is to be superseded by the information contained in the legal pack. It should not be assumed that this property has all the necessary Planning, Building Regulation, or other consents. Any services, appliances and heating system s listed have not been checked or tested. Please note that in some instances the photographs may have been taken using a wide angle lens. The seller does not make any representation or give any warranty in relation to the property, and we have no authority to do so on behalf of the seller.