++FOR SALE BY MODERN METHOD OF AUCTION++New to the market and being sold via online auction is this two bedroom, stone fronted end of terrace property with land owned to the side for parking.
We are delighted to bring to the market this two bedroom stone fronted end of terrace property which is to be sold via the modern method of auction. There is parking available to the side of the property and the property has a yard area to the rear.
The property is in need of some renovation but there is lots of potential here and this could be the perfect starter home or investment!
LOUNGE 14' 05" x 14' 09" (4.39m x 4.5m) A spacious reception room to the front of the property with a front uPVC door giving front access. A fireplace sits to the chimney breast with a mantle, inset and surround.
KITCHEN 14' 05" x 8' 10" (4.39m x 2.69m) To the rear of the property is the kitchen which has a window overlooking the yard at the back. There is a storage cupboard under the stairs here too.
BEDROOM ONE 14' 05" x 8' 10" (4.39m x 2.69m) A double bedroom with a storage cupboard having been freshly painted throughout.
BEDROOM TWO 7' 01" x 14' 09" (2.16m x 4.5m) To the rear of the property, this is a good sized bedroom with a rear facing window.
BATHROOM This is a spacious room has a white suite with the pedestal sink, bath and toilet. A recently fitted wood effect flooring is laid and the room has been recently decorated.
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 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 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.
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