FOR SALE BY MODERN METHOD OF AUCTION; STARTING BID PRICE £165,000 plus Reservation Fee. Presenting a great opportunity for investors! The property is in need of renovation, thus offering a blank canvas for you to get creative or create a lucrative rental property.
This mid terrace benefits from a substantial layout, comprising of three bedrooms, a bathroom, two reception rooms, and a kitchen. Despite requiring some TLC, the property holds excellent potential and is ready to be transformed into a delightful family home or a profitable investment. It's a project, but certainly one with promise. The location of the house is another one of its selling points with it being situated in the heart of Sherwood, Nottingham, surrounded by a host of local amenities. Everything you need is within easy reach, including public transport links and schools. The convenience factor is high and the area boasts a friendly community feel, which is an added bonus. In summary, this is a fantastic opportunity to acquire a terraced house that can be tailored to your exact specifications. With its convenient location and renovation potential, it's a property that holds enormous appeal for investors. Don't miss out on this unique investment opportunity. For sale by Modern Method of Auction; Starting Bid Price £165,000 plus Reservation Fee. • Search pack fee applies • For sale by modern method of auction • Reservation fee applies This property is for sale by “31 - Midlands “powered by iam-sold Ltd” AUCTIONEERS COMMENTS: This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £495 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change. TO VIEW OR MAKE A BID contact Whitegates in Sherwood.
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