An excellent investment opportunity, this two bedroom mid terraced property is offered for sale via the Modern Method of Auction and requires a programme of renovation throughout. Providing plenty of potential for improvement, the property presents an ideal opportunity for investors and developers looking to add value and maximise future returns.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
The property briefly comprises a small entrance hallway, a front living room and a kitchen to the rear, with a rear door providing access to the outdoor space. To the first floor are two double bedrooms and a bathroom housing toilet, low rise sink and bath.
The property is being sold via the Modern Method of Auction, with completion required within 56 days of the draft contract being issued. Buyers are advised to familiarise themselves with the auction terms and conditions before proceeding.
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