For Further Information Please Call our Office On - 01427 616161
DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £400,000 plus reservation fee. This excellent development opportunity.-
The land is regular shaped, level and extends to approximately 4.5 acres, offering excellent potential. Situated within the popular village of Misterton which offers good links to Doncaster, Gainsborough and Scunthorpe and within walking distance to all village amenities which include, local shops, school and bus routes. Planning has not been granted on the site but the owner has been advised by the local authority planning would be gained. Pre planning assessments and reports have been carried out by the owner and are available for inspection in our Gainsborough office.
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