Lot 01 - 11 Charters Cross, Harlow, Essex, CM18 6UG

  • Unconditional Online Auction Sale
  • Guide Price* : Starting price: £1

Spacious and versatile 4 bedroom end of terrace bungalow in need of modernisation throughout with evidence of structural issues. Located in quiet residential area with excellent local amenities nearby.

Description

Situation & Description

This larger than average 4 bedroom end of terrace bungalow is located at the end of a pathway with no through access in a quiet residential development in the Passmores/Stewards area of Harlow, which is c.1.5miles south of Harlow town centre. There is an excellent choice of local amenities within walking distance at Staple Tye Shopping Centre, to include; Lidl Supermarket, Pharmacy, Post Office and a McDonald's restaurant.

Charters Cross was designed by well-known architect, Michael Neylan and won the Civic Trust Award for it's unique design where every bungalow in the development enjoys a high degree of privacy as none of the garden/courtyards are overlooked by any of the other properties as well as some rooms enjoying high ceilings and many of the rooms and bedrooms looking directly onto the outside space, which is rare in single storey dwellings.

The house, which is now in need of modernisation and updating throughout includes; Entrance Hall, Kitchen leading to Conservatory, Living Room, 4 Bedrooms, Wet/Shower Room and separate W.C. There is on street parking c.200 yards from the house and a good sized courtyard garden.

Structural Issues
We have been informed by the vendor's insurance company that there are structural issues with the property and all relevant documentation will be contained within the legal pack. A direct quote from the insurers is as follows; "This property has been affected by seasonal, clay-shrinkage, subsidence shown to be due to the effects of trees that are on land owned by Harlow DC. A partial underpinning scheme is likely to be required to provide long-term stability, but this will be influenced by future tree growth or tree removal. “

All buyers are responsible for their own due diligence and should satisfy themselves as to the condition of the building prior to bidding.

Auctioneer's Note
No 23 Charters Cross sold in October 2016 for £225,000 - 3 bedroom terrace bungalow in average condition inside.

Auction Details
The lot is to be sold by online auction on Wednesday 12th August at 8pm (bidding opens on Tuesday 11th August at 12pm)

All interested parties who wish to bid, please contact My Auction on 0207 101 4868

Please note that a Buyer’s Premium of 1.2% inc.VAT of the purchase price is to be paid by the successful Buyer subject to a minimum fee of £2,400 (inc of VAT).

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The auction has not yet started
Minimum Opening Bid

£1


Bidding Opens On
11th Aug 2020 12:00
End Date

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