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FOR SALE BY MODERN METHOD OF AUCTION. A bay fronted end terrace
property located on Grove Road in the suburb of Spinney Hills. The
property provides an entrance hall, two reception rooms, a kitchen,
a ground floor bathroom, three bedrooms and a rear patio yard.
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 for standard Grade 1 properties .
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.
EPC Rating D
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