3 bed bungalow for sale

Newbridge Road, Cadnam, Southampton, Hampshire SO40

A detached 3 bedroom bungalow built in the mid 1950`s requiring modernisation and with scope to extend subject to planning consent, set on a plot approaching 1/5th of an acre in a semi-rural location within the New Forest National Park.

The accommodation totals 952sq ft and has oil fired heating and replacement double glazed windows. The property has an entrance porch leading to the hall giving access to all rooms. The lounge/dining room is located at the rear and has an open fireplace and door to a conservatory overlooking the rear garden. Also located at the rear is the kitchen with door to a rear porch/utility area and door to the garden. There are 3 well-proportioned double bedrooms and a modern shower room/wc. Outside the front garden is laid to lawn and a tarmac driveway provides ample parking and leads to the rear and detached garage. The rear garden is mostly lawned and laid to vegetable gardens. Special note the property is in close proximity to the M27 motorway.

Auctioneer Comments
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as
part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation
Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.