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House For Sale £55,000
Bells Hollow, Red Street, Chesterton ST5


Description
For sale by modern auction method - starting bid price £55,000 plus reservation fee. This end terrace property in need of tlc and improvement in the small village of Red Street, Newcastle under Lyme. Offered with no upward chain, the accommodation comprises of two reception rooms, kitchen and ground floor bathroom and two double bedrooms to the first floor and uPVC double glazing throughout. Although in need of improvement and attention, the property would make a fantastic first time purchase or an additional to any rental portfolio being ideally located for commuters requiring access to the A34, A500 and M6 motorway networks.

Ground Floor

Lounge (3.525m x 3.464m (11'6" x 11'4"))

Dining Room (3.512m x 3.671m (11'6" x 12'0"))

Kitchen (3.863m x 1.820m (12'8" x 5'11"))

Bathroom (1.720m x 2.249 (5'7" x 7'4"))

First Floor

Bedroom One (3.418m x 3.494m (11'2" x 11'5"))

Bedroom Two (3.631m x 3.477m (11'10" x 11'4"))

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Iamsold

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

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