Draft details. For sale by modern method of auction starting bid £100,000 plus reservation fee. A three bedroom semi detached property in need of extensive refurbishment but offering fantastic potential. Situated in a much sought after residential location conveniently close to local amenities, schools, commuter networks and Trentham Gardens leisure and retail facilities. The accommodation comprises entrance hallway, through lounge and kitchen to the ground floor with three bedrooms and a bathroom to the first floor. The property benefits from gas central heating with combination boiler, driveway, garage and rear garden.
Hallway
Lounge/Diner 21'1" x 12'5" reducing to 9'8" (6.42m x 3.78m)
Kitchen 10'7" x 8'7" (3.22m x 2.61m)
First Floor
Bedroom 1 11'0" x 8'4" (3.35m x 2.54m)
Bedroom 2 11'0" x 11'0" (3.35m x 3.35m)
Bedroom 3
Not measured.
Bathroom
Externally
Investor Information
An ideal opportunity to purchase a buy to let property. Northwood can offer a guaranteed income on the property subject to contract and updating. Please call our offices for further information on rental return and services offered.
Mortgage Advice
Mortgage Advice Bureau works with Northwood Estate Agents to provide expert mortgage and protection advice to their clients. We have access to more than 11,000 mortgages from over 90 lenders so we can help you find the right mortgage for your individual circumstances. We are a leading mortgage network and have won over 70 national awards for the quality of our advice and service during the last 5 years. For more information contact our branch on . Your home may be repossessed if you do not keep up repayments on your mortgage. There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
Auctioneers comments
This property is for sale by West Midlands property auction powered by iam-sold Ltd. 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 buyers solicitor is in recipt 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 £5,000 plus VAT which secures the transaction and takes the property off the market.
Auctioneers comments continued
The buyer will be required to sign an Acknowledgment 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 free from the auction section of our web site 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 reservation price can be subject to change as our primary duty of care is to the vendor. Terms and conditions apply to the modern method of auction, which is operated by West Midlands property auction powered by iamsold Ltd.
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