DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £35,000 plus reservation fee.
DDM Residential are proud to present this one bedroom ground floor flat in the centre of Gainsborough. Perfect investment oppurtunity or first time buy.
The flat comprises of living room, kitchen dining room, bathroom, bedroom and storage room.
Call the Gainsborough office for earley viewing on 01427 616161.
This property is for sale by DDM Property Auction powered by iam-sold Ltd.
AUCTIONEER'S COMMENTS This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT (£6,000 including VAT) which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by DDM Property Auction powered by iam-sold Ltd.
TO VIEW OR MAKE A BID ? Contact DDM Residential on 01427 616161 or visit: www.northlincolnshirepropertyauction.co.uk
COMMUNAL ENTRANCE HALL Leading to main door to the flat which leads you into living room;
LIVING ROOM 14' x 14'2" (4.27m x 4.32m). Light to ceiling, with fireplace, bay window, radiator, skirting and carpet to floor.
KITCHEN DINING ROOM 13'11" x 10'4" (4.24m x 3.15m). Wall and base units, laminate to floor, window and light to ceiling. Door leading into bathroom and door onto hall leading to door to back garden.
BEDROOM ONE 13'5" x 11' (4.1m x 3.35m). Light to ceiling, two windows, carpet to floor and door leading to storage room.
DRESSING/STORAGE ROOM 9'10" x 5'5" (3m x 1.65m). Light to ceiling, carpet to floor, window and boiler.
BATHROOM 6'5" x 5'11" (1.96m x 1.8m). Three piece suite comprising of low flush wc, hand wash basin and bath with hot and cold taps and overhead shower. Fan and radiator.