DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £40,000 plus reservation fee.
DDM Residential are pleased to offer to market this excellent investment opportunity to purchase a two bedroom ground floor flat, with a tenant in situ.
The property can reveal entrance onto porch leading into the forward facing lounge, two well-proportioned bedrooms with family bathroom, the separate kitchen leads onto the generous rear garden. Benefitting from uPVC double glazing and central heating throughout. The flat is located in the ever popular area of Berkeley, with great transport links nearby to the town centre and motorway networks, also close to primary schools and a fantastic retail park.
Being sold with no onward chain this would be a brilliant opportunity for landlords looking to add to their rental portfolio.
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 01724 868168 or visit: www.northlincolnshirepropertyauction.co.uk
ENTRANCE PORCH With uPVC double glazed front door leading onto the lounge.
LOUNGE 14'11" x 10'9" (4.55m x 3.28m). With uPVC double glazed window to the front, central heating radiator doors to the kitchen and central hallway.
KITCHEN With wood effect wall and base units, black gloss roll top laminate work surfaces, stainless steel sink with drainer, plumbing for washing machine, space for a freestanding oven and fridge/freezer, uPVC double glazed window to the rear, uPVC back door to the rear garden and central heating radiator.
CENTRAL HALLWAY With doors to bathroom, living room and both bedrooms.
BEDROOM ONE With uPVC double glazed window to the front, central heating radiator and fitted wardrobes.
BEDROOM TWO With uPVC double glazed window to rear and central heating radiator.
BATHROOM With three piece white suite consisting of close coupled w.c, hand wash basin and bath with shower over, uPVC double glazed window to the rear, central heating radiator.
EXTERNALLY With front shared garden area laid to lawn, the enclosed rear garden is laid to lawn with patio seating area.