** TO BE SOLD BY MODERN METHOD OF AUCTION; STARTING BID £140,000 PLUS RESERVATION FEE **
** PLEASE REFER TO AUCTIONEER COMMENTS **
SMITH & FRIENDS are delighted to offer to the market this spacious two bedroom bungalow situated within a popular cul-de-sac in Coulby Newham. The bungalow is within easy walking distance to The Parkway Shopping centre and local bus services. The property benefits from NO CHAIN INVOLVED and viewings come highly recommended to fully appreciate. The well looked after living accommodation briefly comprises; entrance hall, fitted kitchen, generous living room, two double bedrooms and bathroom. Externally to the front of the property is a garden with parking to the side for a number of vehicles leading to the detached single garage with electric via a separate fuse box. To the rear of the property is an enclosed garden with a high degree of privacy and mainly laid to lawn with borders. Solar power generation with a generous feed in tariff which expires in November 2036 may be transferred to the new owners, subject to relevant enquires with the current utility provider.
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 buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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.
