DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £40,000 plus reservation fee. INVESTMENT OPPORTUNITY . We have a two bedroom property in need of some renovation work available in the heart of Scunthorpe.
The property is a spacious terraced property offering one parking space to the rear via a rear alley. Call us today on 01724 868168 to arrange your viewing as this will go quickly.
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
LOUNGE 12'6" x 11'5" (3.8m x 3.48m). Radiator and window to the front elevation.
DINING ROOM 13'4" x 11'3" (4.06m x 3.43m). Window to the, tv point, radiator and storage cupboard.
KITCHEN 14'4" x 7'1" (4.37m x 2.16m). Wall and base units, space for cooker, sink unit, window to the side elevation and access to downstairs w.c.
BATHROOM 15'10" x 7'1" (4.83m x 2.16m). Window to the rear and side, boiler, w.c and deep bath unit.
BEDROOM ONE 11'"06 x 11'4" (3.35m"06 x 3.45m). Window to the front elevation.
BEDROOM TWO 11'10" x 8'4" (3.6m x 2.54m). Window to the rear.
EXTERNALLY To the front is a small paved area and iron fencing on a brick wall. The rear garden is paved with wall and fence boundary, rear gated access and car parking space.