Property description

DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £55,000 plus reservation fee.

A two bedroomed mid terrace property briefly set in the popular village of Newtoft, this rural property is seeking a new owner to move in and take advantage of the perfect layout. In need of a little modernisation the property could make a fantastic family home, investment buy to let of first time home, either way it bodes well for all buyers. The property benefits from oil filled central heating, solar panels and double glazing throughout and comprises of entrance hall, lounge and kitchen. To the first floor there are two bedrooms and a family bathroom. Externally there is an open fronted garden and enclosed rear garden with a brick built store room.

This property is for sale by DDM Property Auction powered by iam-sold Ltd.

AUCTIONEER'S 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 purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. 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 put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT (£6,000 including VAT) which secures the transaction and takes the property off the market. 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 form and all terms and conditions can be found in the Legal 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 DDM Property Auction powered by iam-sold Ltd.

 

TO VIEW OR MAKE A BID – Contact DDM Residential on 01472 358671 or visit: www.northlincolnshirepropertyauction.co.uk

Entrance to the property via a uPVC obscured glazed door to:

ENTRANCE HALL
uPVC window to the front elevation, stairs to the first floor, door to lounge, radiator, electric box.

LOUNGE - 18' 11'' x 10' 0'' (5.778m x 3.042m)
uPVC window to the rear elevation looking into the enclosed rear garden, sliding double glazed aluminium door giving access into the rear garden with aluminium double glazed window to one side. Radiator x2, carpeted throughout, under stairs storage and picture rail.

KITCHEN - 7' 7'' x 10' 0'' (2.321m x 3.057m)
A range of base units, stainless steel sink and drainer, uPVC window to the front elevation, space for cooker, space for fridge freezer, plumbing for automatic washing machine, radiator, uPVC obscured glazed door.

FIRST FLOOR LANDING
Doors to two bedrooms and family bathroom, carpeted, door to airing cupboard, uPVC window to the front elevation looking on to rolling fields.

BEDROOM 1 - 15' 7'' max x 9' 8'' (4.760m max x 2.941m)
uPVC window to the rear elevation, uPVC window to the front elevation, radiator, storage cupboard x2 both without doors.

BEDROOM 2 - 9' 4'' x 12' 5'' (2.853m x 3.794m)
uPVC window to the rear elevation, radiator, carpeted, loft access, fitted wardrobe.

FAMILY BATHROOM - 9' 0'' max x 6' 0'' (2.741m max x 1.818m)
Laminate flooring, uPVC obscured glazed window to the front elevation, low flush WC, pedestal hand wash basin, panelled bath with mixer tap and shower attachment over, radiator, part tiled around the bath.

EXTERNALLY
To the front of the property is an open fronted garden mainly laid to lawn, pathway leading to the front door and to the rear door and a timber door to rear garden. On exit from the lounge through the sliding double glazed doors there is a patio area, pathway leading to the far end of the garden, timber shed, timber fencing to all three boundaries, mainly laid to lawn and an oil drum. A timber door lead into a brick built store room with hard standing, power, light and a range of shelves and storage space (1.406m x 3.022m)

Property Features :

• Two bedroomed mid terrace
• Rural Location
• Lounge, Kitchen
• Family Bathroom
• Front and rear gardens