**For Sale Via Modern Method of Auction**
Two-Bedroom Mid-Terrace Property – Accrington
A spacious two-bedroom mid-terrace property offering excellent potential for first-time buyers or investors. The accommodation comprises a generous reception room, well-proportioned kitchen, two large bedrooms and a family bathroom.
Externally, the property benefits from both a front garden and a rear garden, providing useful outdoor space.
The property would benefit from some modernisation, presenting an excellent opportunity for a buyer to add their own style and potentially enhance the property's value.
Ideal for first-time buyers, landlords or investors looking for a property with good potential.
*We have been advised that the electric shower and fire have been removed*
Auctioneers 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. 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 4.50% 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. 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 £300.00 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.
Please note that an AML fee is chargeable to the buyer once an offer is accepted, to cover the cost of carrying out the required Identity and Anti-Money Laundering checks. Once these checks have been completed the fee cannot be refunded, even if the property purchase does not go ahead.
