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Foldrings, Sheffield, S350GE

3 Bedroom Period Property with Land Reservation fee applies (Click for more information)
This auction has ended!
Bid Count:
3
   
Final Bid:
£640,000.00
  • Overview
  • Particulars
  • Agent Details
  • Fees & Charges Explained

Property Overview

Occupying the most enviable of settings; a 3 bedroom farm house with adjoining barn, set within 12 acre grounds which are in turn wrapped by stunning countryside resulting in breathtaking cross valley views.

Approached by a private lane opening to reveal a delightful farm house which provides an immense level of potential to modernise and extend resulting in a substantial character home. There is an additional adjoining stable and a substantial steel framed barn.

The property is positioned on the outskirts of The Peak District National Park, the location presenting a most tranquil and idyllic countryside location offering an enviable outdoors lifestyle; whilst being immediately rural the property is not isolated being only a short drive from Oughtibridge, Sheffield and the M1 motorway network. A detailed inspection is genuinely recommended in order to fully appreciate the potential and opportunity on offer.

Starting Bid and Reserve Price

*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 powered by IAM Sold.

Auctioneer's Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Property Particulars

GROUND FLOOR An entrance porch gives access to the main farmhouse, a part glazed door opening directly to the dining kitchen. The room in need of modernisation however commanding stunning views down the valley and presenting access through to a rear hallway and downstairs bathroom. To the remainder of the ground floor are two further reception rooms both of which have windows to the front aspect overlooking the majority of the grounds and commanding stunning rural views. FIRST FLOOR To the first floor are three double bedrooms all of which have windows situated to the front aspect of the house commanding views directly down the centre of the valley. BARNS AND OUTBUILDINGS Adjoining the house is a stone built arched barn most recently used as a workshop and garage which provides two well-proportioned ground floor rooms with a staircase to a mezzanine area above. The barn displays original exposed timbers into the apex of the ceiling and presents an abundance of development potential (subject to planning permission). STABLE/COWSHED Adjoining the barn is an original cowshed with stable door once again providing potential for a variation of end uses. STEEL FRAMED BARN A substantial steel framed barn offering approximately 1300 square foot of accommodation presented over the ground floor with a floor to ceiling arch to the front aspect with sliding steel doors. The barn has power and lighting. GROUNDS The property is approached via a private lane which proceeds through stunning grounds opening to reveal the farmhouse which is set on level ground, the car parking to the front aspect. Gardens and a small orchard are situated to the immediate front and side aspects; the remaining grounds are mainly positioned to the front aspect adjoining surrounding countryside looking directly down the centre of the valley.

Lancasters

Head Office: Locke House, Barnsley, S70 2SH

Fees & Charges Explained

Foldrings, Sheffield, S350GE

This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.

Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.

This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.

A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 28 day period following the auction or the date of acceptance of the offer.

Buyers Information Pack

If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £300.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

 

Need More Information?

For further information or to speak to one of our team, please call 01482 238 824.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.