3 bedroom detached house for saleSpring Villa, Churchfields, Stonesfield, Witney, Oxfordshire
Sold STC £509,000
- FOR SALE BY AUCTION - T&Cs APPLY
- RESERVATION FEE APPLICABLE
- THE MODERN METHOD OF AUCTION
- SUBJECT TO AN UNDISCLOSED RESERVE PRICE
SOLD BY MODERN AUCTION!
Spring Villa has been in the same family ownership for many years and is now ready for a new family to put their own stamp on and enjoy many more happy years. This lovely, detached home requires a degree of updating but offers spacious accommodation with three reception rooms, kitchen, cloakroom, three bedrooms and bathroom. The generous gardens were well-tended and a keen gardener would soon have them back to their former glory.
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 purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property 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 put down a non-refundable Reservation Fee of 2.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. 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 on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free 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 London & South East Property Auction powered by iam-sold Ltd. Reservation Fee is in addition to the final negotiated selling price.
Stonesfield is a meandering, predominantly stone village, approx 4 miles west of Woodstock and 5 miles north-east of Witney. It has shops for day-to-day needs, a primary school, hairdressers, library, 13th century parish church and a pub. A bus service operates to Oxford via Woodstock and to the local market town of Chipping Norton. There is a mainline railway station on the Worcester-Oxford-London (Paddington) line at Charlbury (4 miles).
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Breckon & Breckon, Witney on 01993 776775.
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