• For Sale by Modern Auction – T & C's apply +
• Subject to Reserve Price +
• Buyers fees apply +
• The Modern Method of Auction +

Lovett&Co. Estate Agents are pleased to offer for sale by the modern method of auction, this three bedroom property being offered with NO ONWARD CHAIN.

Situated just a short walk from the city centre, the property offers huge potential to modernise and develop, with space to the side ideal for a large extension (subject to planning).

The property briefly comprises: entrance hallway, open plan rear lounge-diner, breakfast kitchen, side hallway to the generous garage, landing, three well proportioned bedrooms and a family bathroom.

Externally the property occupies a good sized plot with ample parking to the front as well as a large private rear garden. 

Other benefits include: double glazing and gas central heating to the ground floor and landing. 
 
The property is just a short walk away from the city centre and Trent Valley train station. Made famous by its three-spired cathedral, Lichfield is found within unspoiled surroundings that are steeped in history and heritage. The city centre retains its Georgian charm while delivering contemporary shopping, restaurants and leisure convenience for its residents. Along with the highly regarded Garrick Theatre, there are many public parks and open gardens including Beacon Park in the city centre, which hosts a range of community events and food & music festivals throughout the year.

Auctioneer Comments
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 buyer to exchange contracts immediately; however, from the date the draft contract for sale is received by the Buyer's solicitor, the buyer has 56 DAYS in which to complete the transaction; whilst using every endeavour to exchange contracts within the first 28 days. Allowing the additional time to exchange contracts 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% of the final agreed sale price including VAT - this is subject to a minimum of £6,600.00 including VAT - which reserves the property from sale by securing the transaction and takes the property off the market. The Reservation Fee is paid in addition to the final negotiated selling price. A non-refundable Buyer Information Pack fee of £300.00 including VAT towards the preparation cost of the pack, if the Buyer Information Pack has been produced and provided by IAM Sold. The Documents in the pack can then be used by your solicitor during the conveyancing stage of the purchase. It is recommended that you view the Buyer Information Pack before agreeing to your purchase. 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 for this must be sought from your legal representative.