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House For Sale £69,000
Reeves Road, Normanton, Derby DE23


Description
For sale by Modern Method of Auction; Starting Bid Price £69,000 plus Reservation Fee. Offered for sale with no upward chain is this spacious, two bedroom mid terrace property situated in a popular location within close proximity of Derby City Centre. This traditional home offers a great opportunity for an investment buyer, with lounge, dining room, kitchen, two bedrooms and large family bathroom. To the rear is also a good size garden.

Reeves Road is situated in a popular location in the City of Derby, which has a vast array of local amenities, such as bars, restaurants and shops. The property is ideally located within easy access of major commuter links, such as the M1, A50 and A38, as well as providing easy access to Derby Railway Station and Derby Bus Station. This property is for sale by the Property Auction powered by iam-sold Ltd

lounge 12' 4" x 10' 4" (3.76m x 3.17m)

dining room 12' 2" x 10' 4" (3.73m x 3.15m)

kitchen 11' 0" x 6' 2" (3.37m x 1.89m)

bedroom one 14' 0" x 12' 3" (4.27m x 3.75m)

bedroom two 12' 2" x 10' 11" (3.73m x 3.34m)

bathroom 10' 11" x 9' 11" (3.34m x 3.03m)

Auctioneer Comments 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 buyer's 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 £300 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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