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**FOR SALE BY MODERN AUCTION - THIS FANTASTIC, SEMI-DETACHED HOME IN NEED OF COMPLETE RENOVATION**Calling all Investors and Cash Buyers, this rare opportunity to acquire a period cottage that dates back to the 1800's offers fantastic potential for development and improvement. The property has decades of history within the same family and is ready for its new lease of life! The property is on LPG gas and a cesspit.In brief, the property sits within this popular and sought after address location, offering a semi-rural lifestyle close to local amenities, schools and countryside. The accommodation currently comprises two reception rooms, kitchen, WC, and two double bedrooms.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 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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First listed

Over a month ago

Stourbridge, DY9

Marketed by

Walton & Hipkiss 111 Worcester Road,Hagley,West Midlands,DY9 0NG
Call agent on 01562 886688
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