FOR SALE BY CONDITIONAL ONLINE AUCTION
Newton & Co are pleased to offer for auction this well presented Victorian mid-terraced property which is sold via Auction with Tenants in Situ currently paying £800PCM. Set in Leigh, this amazing BTL property is close to a host of local amenities. Accommodation briefly comprises, entrance hall, lounge to the front leading into a spacious fitted kitchen/diner to the ground floor.
Rising to the first floor you will find two bedrooms and a three-piece bathroom with wc. pedestal sink and bath with shower above.
Externally the property offers enclosed rear yard and a front palisade. Additional benefits include gas central heating, newly painted throughout, new carpets throughout and double glazed windows and external doors.
The property is ideally located with great public transport links and is within walking distance to Lilford Park along with both Pennington Flash and Leigh Sports Village are just a short drive away.
Please note, the photos displayed were taken June 2024 prior to the Tenants moving in.
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 (for standard Grade 1 properties). 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 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT.
The Reservation Fee is
paid in addition to 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.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you
should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.