For sale by Modern Method of Auction. Starting Bid Price £350,000 + Reservation Fee. First Time Buyer and chain Options Available. Open to offers.
Open day by appointment only Saturday 13th October
With no upper chain. This three bedroom mid terrace house is in need of complete refurbishment and modernisation throughout to create the perfect bespoke family home. To the ground floor there is a living room with a front aspect window. The dining room has doors leading to the garden. The kitchen is separate. To the first floor are three bedrooms, two being good size doubles and the third being a single. Completing the first floor is a family bathroom.
The Modern Method of Auction is a flexible, buyer-friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.2%, subject to a minimum of £5,000 +VAT, which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack, which can be downloaded for free from the auction section of our website or requested from our Auction Department.
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 operated by Lawrence Rand and Powered by IAM Sold Ltd.
Properties such as this rarely stay available for long.