House For Sale £60,000
This property is sold via the Modern Method of Auction which is open to Mortgage and Cash buyers with a Starting Bid Price 60,000 plus Reservation Fee.
In the first instance please register interest with the selling agent. Viewings are currently scheduled from the 20th of March 2021.
A fantastic opportunity to purchase this former shop, with a two-bedroom flat above that has until recently been rented out. The property, in brief, comprises a large space to the front of the building, a storage area, and a former shower room to the rear. There is also a large basement. Above the shop is a two-bedroom flat with a separate lounge, kitchen, and bathroom. The flat also benefits from its own access. This property is in need of substantial renovation but could be perfect for an investor that likes a challenge!
Tenure: We have been advised that the tenure of this property is freehold.
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 the 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 300.00 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.
Entrance Hallway
Shop Floor - 6.90m ( 22'8'') x 7.60m ( 25'0'')
Storage Room - 4.09m ( 13'6'') x 3.07m ( 10'1'')
Storage Room 2
Ground Floor W.C.
Landing
In the first instance please register interest with the selling agent. Viewings are currently scheduled from the 20th of March 2021.
A fantastic opportunity to purchase this former shop, with a two-bedroom flat above that has until recently been rented out. The property, in brief, comprises a large space to the front of the building, a storage area, and a former shower room to the rear. There is also a large basement. Above the shop is a two-bedroom flat with a separate lounge, kitchen, and bathroom. The flat also benefits from its own access. This property is in need of substantial renovation but could be perfect for an investor that likes a challenge!
Tenure: We have been advised that the tenure of this property is freehold.
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 the 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 300.00 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.
Entrance Hallway
Shop Floor - 6.90m ( 22'8'') x 7.60m ( 25'0'')
Storage Room - 4.09m ( 13'6'') x 3.07m ( 10'1'')
Storage Room 2
Ground Floor W.C.
Landing
