4 bedroom terraced house for sale

DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £72,000 plus reservation fee.

A deceptively spacious property offering endless potential either for use as a family home or in it’s current layout used as a HIMO style home for an investor to add to their portfolio.

The property is situated within close proximity to local shops and bus routes while being a short distance from Peak Parkway making it ideal for those commuting out of town.

The property briefly comprises; entrance hall with staircase to the first floor, double bedroom with ensuite facilities (formerly the living room), communal lounge (formerly the dining room) and galley style kitchen with ground floor bathroom with separate WC serving the bedrooms without ensuite facilities. To the first floor are three further double rooms, one of which has ensuite facilities.

Externally the property is fronted by a low maintenance buffer garden with dwarf brick wall. To the rear of the property is a good sized walled garden which is predominantly laid to lawn giving ample outside space for the number of occupants to enjoy or as a family garden depending on a buyers needs.

Please Note: Due to the number of tenants being less than five in the property there is generally no requirement for a formal HMO licence however we advise all potential buyers confirm this with North East Lincolnshire Council prior to legal completion should they wish to use the property as such.

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 buyer’s solicitor. This additional time allows buyers to proceed with mortgage finance. 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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