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3 Bed Bungalow, Refurb/BRRR, Gloucester, GL3 4DH £100,000

Elm Drive, Brockworth, Gloucester, Gloucestershire, GL3 4DH - 3 views - 10 months ago
  1. Deal Search
  2. Gloucester
  3. GL3
  4. GL3 4DH
Sold STC
Auction
Cash
Refurb/BRRR
ROI: 6%
~89 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Gloucester
  • More Deals in GL3
  • More Refurb/BRRR Deals
  • More Refurb/BRRR Deals in Gloucester
  • More Refurb/BRRR Deals in GL3

Property History

Listed for £100,000

February 24, 2025

Floor Plans

Description

  • INVESTMENT OPPORTUNITY +
  • THREE BEDROOMS +
  • 60FT X 40FT GARDEN +
  • CHAIN FREE +
  • CASH BUYERS ONLY +
  • MODERN METHOD OF AUCTION +

An investment opportunity for this non-standard construction three bedroom semi detached bungalow with an area of approximately 958 Square Footage.

The property requires full updating/renovation and offers a good sized accommodation and garden 60ft x 40ft .

It comprises of two double bedrooms and a single bedroom, a lounge and bathroom and also a kitchen with a door leading out to a conservatory.

Please note this property is being sold via the modern method of auction and due to it's construction it is not mortgageable.

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 4.5% 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 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.

Agent Details

Andrews Estate Agents, Brockworth

01452 941703

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

This may not be accurate, please check manually.

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