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" FOR SALE BY MODERN METHOD OF AUCTION. STARTING PRICE £65,000 PLUS RESERVATION FEE. A fore courted 2 bedroom mid terraced property in need of cosmetic improvement. Situated conveniently for an array of local amenities and the Hospital complex. The accommodation comprises of hallway, two reception rooms, kitchen with two bedrooms and bathroom to the first floor. The property benefits from double glazing, gas central heating, off road parking for small vehicle to the rear and no onward chain. THIS PROPERTY IS FOR SALE BY THE WEST MIDLANDS PROPERTY AUCTION POWERED BY I AM SOLD LTD.

Hallway
Entrance door.

Reception Room 1 13'9" x 9'0" (4.19m x 2.74m)
Double glazed window to the front. Radiator.

Reception Room 2 12'4" x 12'1" (3.75m x 3.68m)
Double glazed window to the front. Radiator.

Kitchen 10'5" x 7'4" (3.17m x 2.23m)
Door to side. Double glazed window to the side. Radiator.

First Floor Landing


Bedroom 1 12'4" x 11'2" (3.75m x 3.40m)
Two double glazed windows. Radiator.

Bedroom 2 12'1" x 9'5" (3.68m x 2.87m)
Double glazed window. Radiator.

Bathroom
Double glazed frosted window. Radiator. Panelled bath with shower screen, low level W.C. and pedestal wash hand basin.

Externally
To the front is a fore court. To the rear is a paved yard, brick stores and access gate to paved area providing off road parking for small vehicle.

Investor Information
An ideal opportunity to purchase a buy to let property. Northwood can offer a guaranteed income on this property, subject to contract and updating. Please call our office for further details on rental return and services offered.

Mortgage Advice
Mortgage Advice Bureau works with Northwood Estate Agents to provide expert mortgage and protection advice to their clients.  We have access to more than 11,000 mortgages from over 90 lenders so we can help you find the right mortgage for your individual circumstances. We are a leading mortgage network and have won over 70 national awards for the quality of our advice and service during the last 5 years. For more information contact our branch on 01782 636100. Your home may be repossessed if you do not keep up repayments on your mortgage. There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.  The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.

Auctioneers comments
This property is for sale by West Midlands property auction powered by iam-sold Ltd. This property is for sale by the modern method of auction which is not to be confused with traditional auction. 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 buyers 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 £5,000 plus VAT which secures the transaction and takes the property off the market.

Auctioneers comments continued
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 free from the auction section of the 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 reservation price can be subject to change as our primary duty of care is to the vendor. Terms and conditions apply to the modern method of auction which is operated by West Midlands property auction powered by iam-sold Ltd.

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