* BEING SOLD VIA AUCTION - CHAIN FREE PROPERTY - FULL RENOVATION PROJECT WITH HUGE POTENTIAL FOR A LARGE FAMILY HOME! *

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. 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 4.2% 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.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Fbm are delighted to welcome No.118 Observatory Avenue on the market for sale and what a lovely property this is!! It is the perfect family home and we are expecting demand to be high on this one due to its central position and the fact it is within easy walking distance to local Primary Schools and a short drive away to the main shops and the beautiful local Marina with panoramic water views.
This versatile property has had a very large extension added to the ground floor which has offered an additional 3 reception rooms and what was intended to be a ground floor bathroom. This unfortunately has not been finished and along with the rest of the property which will need renovating however the structure is there allowing you to see the potential and possibility that this area offers. The original part of the property boasts a further reception room, kitchen, dining room and a large utility area so the space for a large family is definitely there. The first floor comprises of 3 Bedrooms, modern shower room and a separate w.c. There are mainly double glazed windows and doors and a gas combination boiler which has been installed in the Lounge.
Externally to the front this property is set back off the road with a grass verge separating. To the rear is a very deceivingly large corner Garden. Although in need of work you will agree that this also offers huge potential to create a beautiful family Garden with ample space and security for the children to play out and enjoy.
If you are looking for a property which you can add your own stamp to and don’t mind a bit of work then we are highly recommending viewings on this property to appreciate the size and the potential it has to offer! Please call us on[use Contact Agent Button] today to book your viewings in!!