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" For sale by Modern Method of Auction; Starting Bid Price ?170,000 plus reservation fee. This three bedroom terraced property will make for a great project and has lots of potential to be improved and to put your own stamp on it. Downstairs, the accommodation is spacious and has a good sized living room plus separate dining room that has previously been used as the fourth bedroom when let to students. The kitchen is to the rear and has plenty of units, workspace and space for appliances. Completing the downstairs accommodation is a handy WC. Upstairs there are three bedrooms, two doubles, one single and a bathroom with bath, WC and basin. The property has a good sized front and rear garden that are both mainly laid to lawn. Historically the property has been let as a four bedroom HMO to students and as such any investors could benefit from the property previously being a registered HMO. The property is freehold and has mains water, drainage, electricity and gas and is offered for sale with vacant possession. To check the Council Tax for this property, please refer to www.gov.uk/council-tax-bands.
Auctioneers Comments
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, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. 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 make payment of a non-refundable Reservation Fee of 4.2% of the final agreed sale price or a minimum of ?6,000.00 including VAT, which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information 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 London and South East Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.

The property is ideally situated for the centre of Canterbury with the High Street 1.3 miles away on foot. For those in need of retail therapy, Canterbury hosts an array of shops and boutiques, along with fine dining and restaurants serving dishes from across the globe. To complete Canterbury?s unique experience there are welcoming pubs and wine bars throughout the city. Sainsbury's, Asda and two retail parks with shops including Argos, TK Max and Matalan are all within a mile of the property, whilst The University of Kent and Christchurch University are 1.6 & 2.9 miles away respectively. For those looking to commute, Canterbury West train station is only 1.5 miles away and has a high-speed service that takes you to London St Pancras in under an hour.
Buying by Modern Method Auction
Please visit the auction tab on our website to register your interest in the property and 'watch' the listing. https://sandersonsuk.iamsold.co.uk/properties/9e5cb502c2ae41cd8dc64a6e7d788776.html "