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3 bedroom semi-detached house for sale
Henver Road, Newquay
£210,000
Henver Road, Newquay
£210,000
Our Summary
- SEMI-DETACHED VACANT 3 BEDROOM HOUSE FOR REFURBISHMENT/REPAIR WITH PARKING AND AN ENCLOSED GARDEN
- CASH PURCHASERS FOR QUICK COMPLETION ONLY - MUNDIC C2 FOUNDATIONS FAILThis semi-detached property is available with immediate vacant possession and the vendors seek a quick sale
- CASH PURCHASERS ONLY, UNMORTGAGEABLE
- ” The report goes on to conclude that “The marketability will be impaired and typically the property would be considered unmortgageable until the property has been definitively classified (if possible) or replaced
- In addition to this, any buyer would need to pay Cornwall Mining Consultants a professional fee to oversee the works and provide the completion paperwork for mortgage/insurance purposes
Description
This semi-detached property is available for sale with immediate vacant possession and the vendors are seeking a quick sale. The property has failed two mundic tests, citing weak and soft concrete in the foundations, which makes it unmortgageable. The previous remedial work carried out in 2000 is no longer considered acceptable and further underpinning work is required to classify the property as sound and mortgageable. The estimated cost of this work is £35,000, plus professional fees. The property is in need of refurbishment and repair, but could be rented out or lived in, pending completion of the required works. Cash buyers only are being considered, and any successful bidder will be expected to exchange and complete within six weeks. The property is available for viewing anytime by arrangement.