Summary
*Fantastic opportunity for investors* This three bedroom mid-terrace property offers scope for further improvement and in brief comprises of entrance porch, entrance hallway, lounge/diner, fitted kitchen, first floor bathroom, front and rear gardens and garage.
Description
For sale by Modern Method of Auction: Starting bid price £85,500 plus reservation fee.
*Fantastic opportunity for investors* This three bedroom mid-terrace property offers scope for further improvement and in brief comprises of entrance porch, entrance hallway, lounge/diner, fitted kitchen, first floor bathroom, front and rear gardens and garage.
The property is for sale by The Great North Property Auction powered by iam Sold ltd.
Access Via
A uPVC front door opening into:
Entrance Porch
Having front and side double glazed windows and further door to:
Entrance Hall
Having telephone point, radiator, stairs rising to first floor and doors to:
Lounge/ Diner 23' 2" x 12' 11" ( 7.06m x 3.94m )
Having a double glazed window to the front, patio doors to rear garden, gas fire place, radiator, television and telephone points.
Kitchen 20' 11" x 8' 3" ( 6.38m x 2.51m )
Having rear and side double glazed windows, fitted kitchen with wall and base units and work tops over, stainless steel sink and drainer, integral electric oven and gas hob with cooker hood over, plumbing for washing machine, pantry, space for fridge/freezer and door to rear garden.
First Floor
Landing
Having loft access point, radiator and doors to:
Bedroom One 11' 8" x 11' 8" ( 3.56m x 3.56m )
Having a rear double glazed window, fitted wardrobes, television point and radiator.
Bedroom Two 7' 11" x 11' 2" ( 2.41m x 3.40m )
Having a front double glazed window, radiator and television point.
Bedroom Three 7' 10" x 7' 8" ( 2.39m x 2.34m )
Having a front double glazed window, radiator, television point and boiler.
Bathroom
Having a rear double glazed window, bath with mixer taps, wash hand basin, low level w.C, storage cupboard and complementary tiling.
Outside
To the rear of the property is a patio area and lawns.
To the front of the property is lawns.
Garage
Having double doors.
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 and 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 an non-refundable reservation fee of 4.2% to a minimum of £6,000 including VAT which secures the transaction and takes the property of 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 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 Buyer 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 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.
1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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