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" FOR SALE BY MODERN METHOD OF AUCTION STARTING BID £750,000 PLUS RESERVATION FEE.
Detached Family home which is an investors dream with a yield in excess of 8% with the current annual income of £70,680. The property has been split into 7 self contained units all with own kitchens and bathrooms or shower rooms. (5 of which have long term tenants) The house also benefits from ample off road parking to the front and rear of the property and 2 garages to the rear. EPC Grade D.
Auction property:
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, I am sold.
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.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 3.0% 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 I am sold 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 £300.00 including VAT towards the preparation cost of the pack, where it has been provided by I am sold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.



The property is located in close proximity to Feltham railway station which serves London Waterloo in approx 29 minutes and the recently re-developed Feltham town centre with has a wide range of shops for you convenience. The property is also located close to Feltham Leisure West which incorporates Feltham Cineworld, Tenpin Bowling and a range of popular chains of eatery‘s. Local schools include Cardinal Road, St Lawrence RC School and Feltham Community College.

IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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