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2 bedroom terraced house

Auction
Terraced house
2 beds
1 bath
Added > 14 days

Key information

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Features and description

  • Sold via modern method of auction
  • Great opportunity for development
  • Planning permission to convert back into 2 back to back cottages
  • Huge potential to add value
* PROPERTY BEING SOLD VIA MODERN METHOD OF AUCTION *

PLANNING REF : 19/01324/FUL

Large property, previously 2 back-to-back cottages, with planning to convert back.

Offering great potential for a developer, needing a full refubishment.

Newhey is a popular area within Rochdale, as it has a tram station, close to M62 motorway network and some of the highest ratest primary and secondary schools within the borough.

Auction Terms
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.
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About this agent

Miller Metcalfe Estate Agents - Bury
Miller Metcalfe Estate Agents - Bury
9-11 Market Street Bury, Lancashire BL9 0AH
0161 506 8546
Full profileProperty listings
The Bury branch of Miller Metcalfe Estate Agents Bury offers a wide range of professional property services for those looking to buy, sell, let or rent residential or commercial property in Bury and also the neighbouring towns and villages of Greenmount, Holcombe Brook, Ramsbottom, Edenfield, Tottington, Walshaw, Woolfold, Elton, Walmersley, Sunnybank, Whitefield, Seddons Farm and Radcliffe. Our expertise covers all types of residential property and commercial property, from houses, bungalows, flats and apartments to offices, workshops, industrial units, leisure units and shops. Those considering selling or letting property are offered the opportunity of a free, no obligation property valuation. This is conducted by one of our expert estate agents who will visit the property at a convenient time and undertake a valuation based on their considerable experience and understanding of the local property market. Together, we will devise a marketing strategy aimed at achieving the most advantageous sale or rental price. Free valuations can also be undertaken on land with or without planning permission in place and vacant or occupied by buildings. This can be marketed for sale or rent or sold at auction. We can also present the opportunity to local developers of commercial and residential property, who may be able to deliver a greater return on your investment. We place adverts in the local newspapers with the highest circulations in addition to displaying property details in our branches. Our team will proactively market the property to new and existing customers on our database. Our auctioneering division is a good option for those looking to sell land or a residential or commercial property very quickly. Our team understands and is experienced in the auction process, staging up to five auctions each year. This also means we have a solid database of cash investors whom we can alert to the sale. We’ll arrange, promote and host viewings and ensure buyers receive the legal pack in good time to make checks prior to submitting their bids. Once sold, we’ll work with all parties to ensure completion within the 28-day timeframe. Whether looking to put a property on the market or buy one you have seen for sale, Miller Metcalfe offers a comprehensive range of professional property services. Our department heads are RICS and NAEA members and adhere to the strict codes of conduct. We can help at every stage of the sale, purchase of letting process, including arranging RICS approved building surveys, generating EPC certificates, finding the best mortgage and solicitors as well as advice on insurance and other essential legal services.
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