**FOR SALE VIA MODERN METHOD OF AUCTION** ADAMSONS BARTON KENDAL are pleased to offer for sale this two bedroom mid terraced property situated in the popular area of Lowerplace with a wealth of amenities on its doorstep including shops and school. The property is offered for sale with vacant possession, and despite being in need of upgrade and modernisation, represents an excellent investment opportunity. Accommodation comprises internally of a spacious lounge with staircase, kitchen/diner to the first floor, with two double bedrooms and a family bathroom on the first floor. Externally, the property has a small fenced yard to the rear with alleyway access. There is street parking readily available. 

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 4.5% of the purchase price including VAT, subject to a minimum of £6,500.00 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.

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