Lot 4 - 108 Hervey Street, Ipswich, Suffolk, IP4 2EU

  • Unconditional Online Auction Sale
  • Guide Price* : £165,000

A two bedroom end of terrace tenanted three storey house located on Hervey Street in Ipswich. FOR SALE BY TIMED ONLINE AUCTION - 1st June 2021


If you are viewing a hard set of these particulars or via Rightmove or alike, please visit the Online Property Auctions section of Clarke and Simpson's website to Watch/Register/Bid.

The property forms part of an Ipswich Property Portfolio Sale with standard details as follows:

Method of Sale
The properties are being offered for sale by Unconditional Timed Online Auction on 1st June 2021 and on the assumption that each property reaches the reserve price, exchange of contracts will take place upon the fall of the electronic gavel with completion occurring on a set date that will be set out in the Special Conditions Of Sale. For details of how to bid, please read the Online Auction Buying Guide.

The vendor's solicitor is preparing Auction Legal Packs. These will be available to view online and interested parties should Register online to receive updates.

Seller’s Solicitors
The vendor's solicitors are Ashtons Legal, Chequers House, 77 - 81 Newmarket Road, Cambridge, CB5 8EU; Tel: 01223 431102; clare.best@ashtonslegal.co.uk. We recommend that interested parties instruct their solicitor to make any additional enquiries prior to the auction.

All the properties are let subject to Assured Shorthold Tenancies with further detail listed on each lot. The properties have been let and are managed by Thompsons Estate Agents, 12 Upper Brook Street, Ipswich IP4 1EF; Tel: 01473 251907. It is understood that Thompsons are happy, should a buyer wish, to continue to manage the lettings for the new owner and hold the Tenancy Deposit Scheme (TDS) funds.

All the properties are located within Suffolk's county town of Ipswich. The town is located adjacent to the River Orwell and central amenities include pubs, restaurants, national shops and offices, together with a railway station from where regular mainline rail services run to London's Liverpool Street Station taking just over the hour. The town is bypassed by the A12 and A14 dual carriageways which are linked to London's M25, Stansted Airport, as well as Cambridge and the Midlands. Recreationally, there are numerous golf courses on the edge of the town whilst the east coast Orwell and Deben estuaries offer a wide range of water sport opportunities.

Viewings will be by virtual, detailed video tour only so as not to unnecessarily disturb the tenants. If a prospective buyers mortgage valuer or building surveyor needs to inspect the premises, please ask them to contact Clarke and Simpson.

Local Authority
Ipswich Borough Council, Grafton House, 15 - 17 Russell Road, Ipswich, Suffolk IP1 2DE; Tel: 01473 432000.

Energy Performance Certificates
Copies of the EPCs are available on request.

108 Hervey Street

An end of terrace three storey house of predominantly brick construction under a tiled roof. Benefitting from gas fired central heating and UPVC glazing throughout the majority of the property. Internally comprising sitting room, dining room and kitchen. Basement with two rooms and store. First floor with two double bedrooms and bathroom. Externally, a courtyard to the front and rear garden.

Let on an Assured Shorthold Tenancy commencing 10th December 2020. With a current rent of £720 pcm.

Mains water, drainage, electricity and gas. Gas fired central heating.

Energy Rating - D

Council Tax Band
B; £1,564.57 payable per annum 2021/2022

1. These particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract. No responsibility can be accepted for any expenses incurred by intending purchasers. Interested parties should rely on their surveyors investigations as to the construction type of the property and its condition. No warranty can be given for any of the services or equipment at the property and no tests have been carried out to ensure that heating, electrical or plumbing systems and equipment are fully operational. Any distances, room aspects and measurements which are given are approximate only. Any plans are indicative only and may not be the same as the transfer plan/s. No guarantee can be given that any planning permissions or listed building contents or building regulations have been applied for or approved. The agents have not been made aware of any covenants or restrictions that may impact the property, unless stated otherwise

2. Under Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 we, as Estate Agents, are required to obtain identification from buyers in the form of the photo page of your passport or a photo driving licence. The document must be in date. In addition, we need proof of address in the form of a utility bill with the name and address of the buyer. This must not be more than three months old. We are also under obligation to check where the purchase funds are coming from. When you register to bid you will be prompted to provide the appropriate money laundering documentation.

3. In the unlikely situation of our client considering an offer prior to auction, a premium price would have to be put forward and the purchaser would be required to sign the contract and put down a 10% deposit and pay the Buyers Administration Charge, well in advance of the auction date. An offer will not be considered unless a potential buyer has read the legal pack and is in a position to immediately sign the contract. The seller is under no obligation to accept such an offer. It should ne noted that Clarke and Simpson cannot keep all interested parties updated and at times will be instructed to accept an offer and exchange contracts without going back to any other parties first.

4. Additional fees: Buyers Administration Charge - £900 including VAT (see Buying Guide). Disbursements - please see the Legal Pack for any disbursements listed that may become payable by the purchaser upon completion.

5. Generally speaking a guide price is an indication of the sellers minimum expectations. They are not necessarily the figure that the 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 will expect will be set within the guide range of no more than 10% above a single figure guide.

May 2021

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.

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Sold for £165,000

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