FOR SALE BY CONDITIONAL ONLINE AUCTION IN PARTNERSHIP WITH IAM SOLD:

*AUCTION END DATE 8TH NOVEMBER*

PLEASE VISIT TO PLACE YOUR BID.

Starting Bid Price £325,000 plus Reservation Fee.

A great opportunity to purchase a detached property with bags of development potential. This property offers plenty of space and would lend itself well as a conversion into flats, or potentially a HMO (house of multiple occupancy), subject to planning approval.

This former pub was built in 1895, with the accommodation being set over three floors, with a ground floor, basement and first floor. The accommodation briefly comprises:-

Entrance hallway, lounge, fitted with laminate flooring and a fireplace surround, with a squared arch opening into the dining room at the rear (formerly two separate rooms), with double doors providing rear external access onto a balcony, overlooking the garden.

A second reception room, fitted with laminate flooring and built-in storage cupboards is situated on the opposite side of the hallway. The dining kitchen is fitted with a range of wooden wall and base units, with integrated dishwasher and fridge freezer and space for a cooker. There is a generously proportioned ground floor shower room, fitted with a shower cubicle, pedestal hand basin, low level WC and storage cupboard. A storage room with built-in cupboard and further WC, provides access to a lean-to, accessed by an external garage door, which completes the ground floor accommodation.

The basement is split up into a large main room (which could be split into two), with double doors leading into the rear garden, three further rooms, a WC and even a beer drop from the property's former pub days!

To the first floor there are four double bedrooms, two of which have fitted wardrobes. A shower room completes the first floor accommodation, which is fitted with a shower, pedestal hand basin, low level flush WC and storage cupboard.

Externally, the property has a wooden decking area and lower level garden to the rear, with gated access at the side, providing off road parking.

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. 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.

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.

Reservation Fee
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 £300.00 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.