Property description

DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £100,000 plus reservation fee.

NEW PRICE A unique opportunity to acquire an historic stone built former hay barn/cottage in the well respected Lincolnshire village of Wootton. Requiring full renovation and improvement this Grade II Listed property currently comprises of accommodation to the ground floor only which includes a generous lounge with original range, kitchen, two bedrooms and a shower room. There are attached stores together with an outside toilet. The agents have not had access to the first floor and cannot comment further on its condition. The property is completed by good sized gardens to the side and is offered with the benefit of no upward chain.

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 5% subject to a minimum of £5,000 plus 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 01652 661166 or visit: www.northlincolnshirepropertyauction.co.uk

Property Features :

• Grade II Listed stone cottage/hay barn in need of full modernisation
• Excellent village location
• Gardens to the side
• Ground floor comprising lounge, kitchen, two bedrooms & shower room
• Potential for first floor development

Property Info:

• FLOOR PLAN