Summary
For sale by Modern Method of Auction: Starting bid price £240,000
This property is for sale by Connells Online Auction powered by iam Sold Ltd.
"A rare opportunity to purchase A two bedroom detached bungalow offering huge potential!"
description
For sale by Modern Method of Auction: Starting bid price £240,000
This property is for sale by Connells Online Auction powered by iam Sold Ltd.
"A rare opportunity to purchase A two bedroom detached bungalow offering huge potential!"
Comprising - entrance hall, lounge, fitted kitchen, utility room, two bedrooms, family bathroom, off road parking, front & rear gardens, garage.
Main Description
A rare opportunity to purchase a two bedroom detached bungalow offering huge potential and comes to the market with no upward chain. The property is situated in the ever popular Penn area and viewing is highly recommended to appreciate the accommodation on offer.
Internally the property benefits from entrance hall, lounge measuring 17ft 9in length, fitted kitchen, utility room, two bedrooms and family bathroom. Externally the property benefits from off road parking with garage and a mature enclosed rear garden.
The Location & Area
Set to the south of Wolverhampton City Centre in the Penn area with easy access to A449, Penn Hospital and Penn Common. Fantastic local shopping facilities and eatery's only a short drive away.
Entrance Hall
Door to front, central heating radiator, doors to various rooms.
Lounge 17' 9" max x 21' 4" max ( 5.41m max x 6.50m max )
Double glazed window to front, double glazed window to side, central heating radiator, TV point, coved ceiling, door to kitchen, door to entrance hall.
Fitted Kitchen 9' 5" x 9' ( 2.87m x 2.74m )
Double glazed window to front, fitted kitchen with a selection of wall and base units, roll top worksurfaces, two bowls stainless steel sink and drainer, space for cooker, central heating radiator, door to lounge, door to side entrance.
Utility Room 10' 7" x 4' 6" ( 3.23m x 1.37m )
Base units with ceramic sink and drainer, pluming for washing machine, storage cupboard, door to entrance hall, door to garage.
Bedroom One 11' 11" into wardrobes x 10' 11" ( 3.63m into wardrobes x 3.33m )
Double glazed windows to rear, built in wardrobes, central heating radiator, door to entrance hall.
Bedroom Two 11' 11" x 10' ( 3.63m x 3.05m )
Double glazed patio doors into garden, stairs leading to loft access, door to entrance hall.
Family Bathroom
Double glazed window to side, panelled bath with tiled walls, pedestal wash hand basin, low level wc, central heating radiator, door to entrance hall.
Outside Front
Off road parking to front with lawned area.
Outside Rear
Mature enclosed rear garden with patio and raised lawned area, a selection of trees and plants.
Garage 18' 11" x 8' 3" ( 5.77m x 2.51m )
Up and over doors, power, space for fridge freezer, door to utility, door to garden.
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, granting 56 days for completion with an aim to exchange contracts 28 days from the date the buyer's solicitor is in receipt of the draft contracts. 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 4.2% to a minimum of £6000 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 a '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 Property 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 Connells Property Auction powered by iam Sold. Reservation Fee is in addition to the final negotiated selling price.
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