Property description:
A must see and extremely versatile property, currently used as an 8
bedroom home. The property is centrally located with the town and
local amenities all being within walking distance. The property
oozes space and potential and would be an ideal property for an
investor to start or add to a portfolio.
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.
- EIGHT BEDROOMS - VERSATILE ACCOMODATION - OOZES POTENTIAL - LOW
MAINTENANCE COURTYARD - CLOSE TO TOWN CENTRE