Land adjoining 17 and 19 Redlands Road (Adjacent to 1 New Road)
Land adjoining 17 and 19 Redlands Road , Reading, RG1 5JJ
- 12
Key features
Guide Price: *
£120,000
Fees apply
Buyer's fee:£3,960
Legal fee:£3,219.60
All fees include VAT at 20%
Holding Deposit: *£1,040
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Highest bid:
£128,000Bid history
4 bidsL
08/11/2024 11:59:05 - £128,000
G
08/11/2024 11:56:30 - £126,000
L
08/11/2024 08:43:45 - £124,000
See all 4 bids â–¾
*AUCTION END DATE FRIDAY 8TH NOVEMBER AT 12.00 * A development opportunity located in a prime University area address within the Redlands Conservation area. The site of 385sq m is being sold by auction following a positive pre-planning application for a 3 bedroom detached home with Reading Borough Council. The location is ideal for the town centre and mainline station with a wide range of independant schools, the University campus and Royal Berkshire hospital also within walking distance.
The winning buyer must pay £5,000 automatically at the end of the auction of which:
- £3,300+VAT is a buyer fee
- £1,040 is a deposit contribution.
In additon:
1.The Buyer will on Completion contribute to the Sellers legal fees in the sum of £2,100 plus VAT
2. The Buyer will on Completion also pay the Sellers disbursements for searches and title documentation in the sum of £582.12 plus VAT
Completion will be set for 20 working days after the auction closes
Summary
- Auction end
- 8th Nov at 12:04
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- Ask Agent
Summary
- Auction end
- 8th Nov at 12:04
- Property type
- Land
- Tenure
- Freehold
- Council tax band
- Ask Agent
This property is being sold by:
Haslams
01189601000
159 Friar Street Reading RG1 1HE
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Haslams shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Haslams. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.