• Modern Method of Auction Sale +
• Agreed Sale Price + Reservation Fee +
• No Onward Chain +
• Vacant Possession +

For sale via Modern Method of Auction - Guide Price - £60,000 - Cash & Mortgage Buyers Welcome

This first floor apartment situated in the popular and buzzing suburb of Waterloo is within walking distance to a number of shops, restaurants and amenities, offering both owner occupiers an investors the chance to purchase a primely situated apartment for a more than feasible price.

The accommodation is well presented throughout briefly comprising entrance hall, open-plan living room and kitchen, two double bedrooms, the main with Juliette balcony and fitted bathroom.

The property benefits from resident on-street parking, gas central heating and secure access to flat from internal communal spaces. The property would make an ideal home or investment opportunity. An early inspection is recommended to appreciate the accommodation on offer.

Council Tax band - A
EPC Grade - C

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.

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 I AmSold 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 I Am Sold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.