This four bedroomed terraced house is sold with no upward chain. Sold with no upward chain this property is ideal for first time buyers and investors.

The accommodation is split over three floors with good sized bedrooms. On the ground floor there is a lounge, dining kitchen and refitted shower room. The first floor has two double bedrooms with access to the second floor where you will find two further bedrooms. The property is both double glazed and has gas central heating.

Bailey Street is ideally situated for the ring road and sandwiched between both the City Hospital and QMC. Basford has a host of amenities including Old Basford School which has a good Ofsted report. Basford Tram stop is less than half a mile away for those buyers that need easy access to the city.

Sold with no upward chain this property is ideal for first time buyers and investors.

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 £6,600.00 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 £300.00 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.
Referral Arrangements
Should you opt to use Conveyancing Services recommended by iamsold or the Partner Agent, please be advised that the Partner Agent will receive payment of up to £450.00 from the Conveyancing Provider for that recommendation where the services are taken, and a sale completes. It is important to note that recommended services are optional, and you should consider your options carefully before accepting any recommended services.