Tennyson Road, Stafford, ST17

FOR SALE BY AUCTION | Cash Buyers Only | Three Bedroom Semi-Detached | Full Renovation Project | Stafford

Offered for sale by auction, this three-bedroom semi-detached property presents a rare opportunity to acquire a refurbishment project within an established residential area of Stafford.

The property has fallen into disrepair and requires extensive renovation works throughout. However, for the right purchaser, it offers considerable scope to improve, modernise and add value.

The accommodation extends over two floors and provides well-proportioned rooms with the potential to create an attractive family home once refurbishment has been completed.

Accommodation

The property offers a traditional semi-detached layout comprising entrance hall, living accommodation, kitchen area, three bedrooms and family bathroom facilities.

Prospective purchasers should note that the property requires significant improvement and modernisation throughout, and interested parties are advised to inspect the property carefully prior to bidding.

Outside

Externally, the property benefits from front and rear gardens together with further scope for enhancement and landscaping.

The established residential setting is expected to appeal to both owner-occupiers looking for a project and investors seeking a value-add opportunity.

Investment Potential

Properties requiring full refurbishment within Stafford continue to attract strong interest due to the opportunity to create additional value through renovation.

This property may suit:

Builders
Property developers
Buy-to-let investors
Renovation specialists
Cash purchasers seeking a project

Any purchaser should make their own enquiries regarding costs, values and future development potential.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

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 of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 7.2% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

GROUND FLOOR

Entrance Hall

Kitchen (4.07 (4.06) max x 2.28 (2.29))

Dining Room (3.83 (3.84) max x 3.22 (3.23))

Lounge (4.25 (4.24) max x 3.72 (3.71) into bay)

FIRST FLOOR

Landing

Family Bathroom (2.26 x 1.72 (1.73))

Bedroom 1 (3.31 (3.30) x 3.29 (excluding robes))

Bedroom 2 (4.03 (4.04)(into door recess)x 2.81 (2.82))

Bedroom 3 (2.83 (2.82) x 2.31 (excl stairwell))

OUTSIDE

Outbuilding (rear) (3.34 (3.33) x 2.67)

Outbuilding (side) (1.65 x 7.80)

• Being Sold via Secure Sale online bidding. Terms & Conditions apply.
• Immediate ‘exchange of contracts’ available
• Chain Free
• Investment Opportunity
• Popular Stafford Location
• Potential To Add Value
• Perfect for Investors