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" For sale by Modern Method of Auction; Starting Bid Price 59,950 plus Reservation Fee is this deceptively spacious two bedroom terraced house. The property is located in a popular residential area convenient for local amenities, it is in need of improvement throughout but is sure to appeal to a variety of buyer making an early inspection a must.Features include entrance hall, two reception rooms and kitchen to the ground floor. Landing, two double bedrooms and bathroom to the first floor. Externally, low maintenance courtyard to front and spacious yard to rear. This property is for sale by the Modern Method of Auction which is notto be confused with Traditional auction. The Modern Method of Auctionis a flexible buyer friendly method of purchase. We do not require thepurchaser to exchange contracts immediately, but grant 28 days to achieveexchange of contracts from the date the buyer's solicitor is in receipt of thedraft contracts and a further 28 days thereafter to complete. Allowing theadditional time to exchange on the property means interested parties canproceed with traditional residential finance. Upon close of a successfulauction or if the vendor accepts an offer during the auction, the buyerwill be required to put down a non-refundable Reservation Fee of 3.5%subject to a minimum of £5,000 plus VAT which secures the transactionand takes the property off the market. The buyer will be required to sign anAcknowledgment of Reservation form to confirm acceptance of terms priorto solicitors being instructed. Copies of the Reservation form and all termsand conditions can be found in the Legal Pack which can be downloadedfor free from the auction section of our website or requested from ourAuction Department.Please note this property is subject to an undisclosed Reserve Pricewhich is generally no more than 10% in excess of the Starting Bid. Boththe Starting Bid and Reserve Price can be subject to change. Terms andconditions apply to the Modern Method of Auction, which is operated bythe North West Property Auction powered by iam-sold Ltd "