Property description

DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £44,000 plus reservation fee.

DDM Auctions are offering to the market an investment opportunity for buy to let investors to purchase a two bedroom maisonette spread over two floors, briefly comprising entrance onto hallway, with forward facing lounge/dining area and kitchen with a range of wall and base units.  To the first floor are two double bedrooms and a bathroom with a coloured three piece suite.  The property has double glazing and gas fired central heating throughout and the benefit of no onward chain for ease of purchase.Previously let at £350pcm with minimal ground rent and service charges.  Viewings are advised and this is seen to be an excellent opportunity for buy to let investors.   

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 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 01427 616161 or visit: www.northlincolnshirepropertyauction.co.uk 

Entrance via uPVC double glazed Carolina style door onto:

ENTRANCE HALLWAY
With frosted uPVC double glazed window onto the front and stairs onto the first floor, access onto lounge and kitchen.

LOUNGE - 14\‘ 11\‘\‘ x 14\‘ 2\‘\‘ (4.54m x 4.31m)
With uPVC double glazed windows onto the front and ornamental brick fire surround and hearth.

KITCHEN - 9\‘ 6\‘\‘ x 8\‘ 6\‘\‘ (2.89m x 2.59m)
With uPVC double glazed window onto the rear, a range of wall and base units, space and plumbing for appliances, sink and drainer inset with mixer tap over and tiled splashbacks, central heating radiator.

LANDING
With loft access, central heating radiator and doors onto two bedrooms and bathroom.

BEDROOM 1 - 14\‘ 11\‘\‘ x 10\‘ 11\‘\‘ (4.54m x 3.32m)
With double glazed window onto the front and central heating radiator.

BEDROOM 2 - 12\‘ 9\‘\‘ x 8\‘ 6\‘\‘ (3.88m x 2.59m)
With double glazed window onto the rear and central heating radiator, with built-in cupboard space.

BATHROOM
With coloured three piece suite comprising of low level flush WC, pedestal wash hand basin and enclosed bath with separate shower over, fully tiled over the bath with central heating radiator and frosted double glazed window onto the rear.

Property Features :

• Two bedroom maisonette
• Lounge dining area
• Kitchen with range of units
• UPVC double glazing and gas central hetaing
• NO CHAIN