2 Bed Semi-Detached House, Single Let, Scunthorpe, DN16 2JJ, £70,000

Queensway, Scunthorpe, Lincolnshire, DN16 2JJ - 1 views - a month ago

Auction
BTL
ROI: 7%
~68 m²
+4 photos

ValuationUndervalued











Cashflows



































Property History

Price changed to £70,000

March 20, 2025

Listed for £80,000

March 1, 2025

Floor Plans

Description

  • TRADITIONAL SEMI-DETACHED HOUSE +
  • NO UPWARD CHAIN +
  • MODERN METHOD OF AUCTION +
  • 2 BEDROOMS +
  • 2 RECEPTION ROOMS +
  • 2 SHOWER ROOMS +
  • FITTED KITCHEN +
  • LOW MAINTENANCE GARDENS +
  • CLOSE TO LOCAL AMENITIES & ROAD LINKS +
  • VIEW VIA OUR SCUNTHORPE OFFICE +

**MODERN METHOD OF AUCTION
**IDEAL INVESTOR PURCHASE
**2 BEDROOM SEMI DERTACHED HOUSE
**NO CHAIN

A traditional bay fronted semi-detached house, located on Queensway and close to an excellent range of local facilities and road links. The property requires an extensive refurbishment throughout and is thought ideal for an investor purchase. The accommodation briefly comprises, side entrance, bay fronted lounge, central dining room, ground floor shower room, fitted rear kitchen, two bedrooms and a family shower room. Occupying both front and rear low maintenance gardens with useful brick built outbuilding. View via our Scunthorpe office. EPC: D, Council Tax Band: A.

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.5% to a minimum of £6,600.00 including VAT 4.5% of the final agreed sale price including VAT. This is subject to a minimum payment of £6,600.00 including VAT. which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Northern Lincolnshire Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.

Agent Details

Paul Fox, Scunthorpe

01724 514340

Next Steps?

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