Hanover Street, Cheltenham, GL50

Auction end date 12 noon 11th October

Unique opportunity to purchase a three bedroom Victorian end-of terrace townhouse over four floors including large cellar /basement. This property is offered chain free and is located on an exceptionally large plot within walking distance of the town centre, the popular brewery complex and local university. What really sets this property apart from the rest is the exceptionally large garden, garage and cellar which is possible that with tanking etc it could be converted to living space / bedroom. 

The accommodation requires modernisation but has the potential to develop and boasts character throughout as it was historically the Hanover Inn (local ale house) and still has many of the original features still in tact.

Auctioneer 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 Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor (for standard Grade 1 properties). 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 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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 £345 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 Arrangement

The Partner Agent and Auctioneer may recommend the services of third parties to you, in which they will receive payment from a service provider if the service is taken. Payment varies but will be no more than £960 Inc. VAT. These services are optional.  

Agent notice:

Please note this is not specific to this property but may still apply. Appliances such as radiators, heaters, boilers, fixtures or utilities which may have been mentioned in these details have not been tested and no guarantee can be given that they are suitable or in working order. We cannot guarantee that building regulations or planning permission has been approved and would recommend that prospective purchasers should make their own independent inquiries on these matters. All measurements are approximate.

DINING ROOM

6.21m x 3.27m (20'4" x 10'9")

LIVING ROOM

3.34m x 2.99m (10'11" x 9'10")

KITCHEN

1.95m x 4.09m (6'5" x 13'5")

UTILITY

1.95m x 2.32m (6'5" x 7'7")

BATHROOM

1.65m x 2.49m (5'5" x 8'2")

BEDROOM 1

3.32m x 3.34m (10'11" x 10'11")

BEDROOM 2

2.76m x 3.04m (9'1" x 10'0")

BEDROOM 3

5.57m x 3.28m (18'3" x 10'9")

GARAGE

CELLAR