• Freehold Property +
• Sold With Vacant Possession +
• Modern Method of Auction Sale +
• Agreed Sale Price + Reservation Fee +

Modern Method of Auction Sale - Sale Agreed Price + Reservation Fee - Freehold Property - 4 Self Contained Flats

We are delighted to offer this large semi-detached property, currently split into four separate, one bedroom flats, two with current sitting tenants and two vacant properties (basement and ground floor).

The property was purchased by the current vendor and has been separated across four floors with shared communal spaces and a shared rear garden with private access separately to the basement flat.

Each flat comprises; entrance hall, separate bedroom, ample living space, a kitchen and a three piece bathroom suite.

The property is to be sold with vacant possession and could bring in a handsome income for a new landlord with refurbishment throughout or perhaps someone wishing to convert this wonderful character property, back into a sole residential home.

Council Tax band - A
EPC Grades - D-G

Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAmSold.

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 4.5% 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 I AmSold 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 £349.00 including VAT towards the preparation cost of the pack, where it has been provided by I Am Sold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.