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DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £65,000 plus reservation fee.

DDM Property Auctions are delighted to offer for sale this traditionally constructed, three bedroomed semi detached home in an established and popular residential area of Scunthorpe. The property is ideally situated for first time buyers and buy to let investors and commands early internal inspection which reveals entrance onto a hallway with stairs to the first floor, doors giving way to the lounge through dining area and kitchen. To the first floor there are three adequately proportioned bedrooms and a bathroom with three piece suite. Externally the property has low maintenance gardens to the front and rear and off street parking. It has the benefit of gas fired central heating and uPVC double glazing with no upward chain for ease of purchase and good links to local schools, town centre and amenities.

This property is for sale by DDM Property Auction powered by iam-sold Ltd.

AUCTIONEER'S 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, but grant 28 days to achieve exchange of contracts from the date the buyer's 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 3.5% subject to a minimum of £5,000 plus VAT (£6,000 including VAT) which secures the transaction and takes the property off the market. 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 form and all terms and conditions can be found in the Legal 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 DDM Property Auction powered by iam-sold Ltd.

TO VIEW OR MAKE A BID – Contact DDM Residential on 01724 868168 or visit: www.northlincolnshirepropertyauction.co.uk