For Sale By Modern Method Of Auction With No Onward Chain. An End Terrace Two Bedroom Property. The Property Has Undergone Some Works With Regards To A Loft Conversion But Would Need To Be Completed To Building Regulations With Respect To Calling It A Third Bedroom. It Has Been Fully Boarded, Has Had A Velux Window Fitted And Is Accessible Via Its Own Staircase.
The Property Is In Need Of Some Refurbishment But Would Make A Great Investment.
In Brief The Property Comprises; Entrance Vestibule, Lounge And Kitchen. First Floor; Two Bedrooms And Family Bathroom. Second Floor: Loft Room With Eaves Storage. Externally The Property Benefits From A Yard, With Garage Door Allowing For Off Street Parking.
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, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. 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 make payment of a non-refundable Reservation Fee of 4.2% to a minimum of £6,000.00 including VAT 4.2% of the final agreed sale price including VAT. This is subject to a minimum payment of £6,000.00 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 an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from 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 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 Great North Property Auction powered by iam Sold. Reservation Fee is in addition to the final negotiated selling price.
Fitted carpet, Burglar Alarm control panel and access into lounge.
Lounge (4.14m (13'7") x 3.99m (13'1"))
Bay window to front aspect, gas fire and fitted carpet. TV & telephone points. Two wall lights, coving to ceiling and access into kitchen.
Kitchen (3.96m (13') x 3.43m (11'3"))
Fitted with a matching range of base and eye level units with worktop space over. Stainless steel sink with mixer tap. Plumbing for washing machine and space for fridge/freezer and cooker. Two windows to rear and external door onto rear yard.
Bedroom 1 (3.99m (13'1") x 3.10m (10'2"))
Window to front aspect, fitted carpet, coving to ceiling and under stairs storage.
Bedroom 2 (3.43m (11'3") x 2.89m (9'6"))
Window to rear aspect, storage cupboard housing immersion tank and fitted carpet.
Fitted carpet, access into both bedrooms and stairs to loft room.
Fitted with three piece suite comprising panelled bath, pedestal hand wash basin and low-level W.C. Tiled surround, spotlights to ceiling and window to rear aspect.
Loft Room (4.80m (15'9") x 3.83m (12'7"))
Fitted carpet, lighting, Velux window and eaves storage.
The property benefits from a rear yard. Complete with garage door, allowing off street parking.
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Guide Price: The “Guide Price” an indication of the seller’s minimum acceptable price at auction. The guide price can be shown in the form of a minimum and maximum price range, or as a single price figure. This is subject to change up to and including the day of the auction and will not necessarily be the final selling price at auction.
Reserve Price: The “Reserve Price” is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. This is normally set within the guide price range or within 10% of a single guide price. The reserve price is not disclosed and is subject to change up to and including the day of the auction.
Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.
Full information on Council Tax discount entitlements can be found on the Gov.UK's website.