2 bedroom terraced house for sale

For sale by Modern Method of Auction; Starting Bid Price £70,000 plus Reservation Fee. 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 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 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.Here is a great opportunity to purchase a tidy terraced property within easy reach of Thatto Heath centre, and of course, handy onwards to the motorway network. The property has a traditional layout with an entrance hall, lounge dining room, open to the kitchen and a rear porch. The first-floor boasts, two bedrooms and a wet room shower room. There is a small garden front, affording some space between the pavement and front door and to the rear an enclosed courtyard garden with its own gated access to the rear.The property has been let on an assured shorthold tenancy for many years and would be an ideal purchase for any investor.Council Tax Band ALeasehold with more than 890 years remaining £1.00 per annum.