DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £35,000 plus reservation fee.
A perfect investment opportunity to acquire this mid-terrace two-bedroom property in an established residential area of Gainsborough.
A scheme of general modernisation throughout is required and the property is sold with the benefit of no onward chain for ease of purchase. Upon entering the property you are met with a living room leading to a dining room, kitchen and downstairs bathroom. To the first floor are two bedrooms with stairs to an additional loft room. Externally the property has low maintenance rear courtyard style garden along with a brick-built outbuilding.
Viewings are strictly via the agent, please call ? 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
ENTRANCE Via a timber door into:
LIVING ROOM 11'11" x 11'9" (3.63m x 3.58m). Light and coving to ceiling, uPVC double glazed window to the front aspect and radiator.
DINING ROOM 11'8" x 12'5" (3.56m x 3.78m). Light and coving to ceiling, uPVC double glazed window to the rear aspect, radiator, under stairs storage cupboard and open coal fire with brick surround.
KITCHEN 11'11" x 2.909 (3.63m x 2.909). Spotlights to ceiling, uPVC double glazed window and door to the side aspect, range of wood fronted wall and base units with laminate worktops, one and half sink and drainer unit with mixer tap and tiled splash backs, space and plumbing for washing machine, electric fan assisted oven with gas hob and built in extractor fan and ceramic tiled flooring.
DOWNSTAIRS BATHROOM 6'9" x 6'9" (2.06m x 2.06m). Spotlights to the ceiling, uPVC obscure glazed window to the side aspect, three-piece suite in white comprising of a low-level w.c, pedestal hand wash basin with chrome mixer taps, bath with chrome mixer taps, hand held shower attachment and electric shower overhead with bifold glass enclosure, wood panelling to the walls and ceiling.
STAIRS TO THE FIRST FLOOR
LANDING Spotlights to the ceiling and access to bedrooms.
BEDROOM ONE 11'10" x 11'11" (3.6m x 3.63m). Light to ceiling, uPVC double glazed window to the front aspect, radiator and storage cupboard into the alcove.
BEDROOM TWO 12'6" x 11'7" (3.8m x 3.53m). Light to ceiling, uPVC double glazed window to the rear aspect and radiator.
LOFT ROOM 11'9" x 13'6" (3.58m x 4.11m). Light to ceiling, radiator, uPVC double glazed window to the front aspect, loft hatch access and storage to eves.
EXTERNALLY To the rear of the property there is a courtyard style garden with outbuilding providing storage.