Property description

DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £45,000 plus reservation fee.

DDM Residential are delighted to offer for sale a three bedroomed mid terraced house situated in an established residential area of Gainsborough. The property is seen to be an excellent opportunity for buy to let investors alike. Internal inspection is invited and can reveal an entrance to the hallway with stairs to the first floor and leads onto a through lounge dining area with kitchen and lobby off. A ground floor bathroom completes the ground floor living accommodation. To the first floor there are three adequately proportioned bedrooms. The property has uPVC double glazed windows throughout and central heating with the gas boiler being in the outside brick storage shed. Externally the property has buffer gardens onto the front and an enclosed yard onto the rear with raised garden area and mature trees. Viewings are invited although strictly via the selling agent.

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

 

 

Entrance via a uPVC double glazed door into:

ENTRANCE HALLWAY
Stairs to the first floor with under stairs storage space and doorway onto the:

LOUNGE - 11' 6'' x 10' 0'' (3.50m x 3.05m)
With a uPVC double glazed window to the front, radiator and an archway to:

DINING AREA - 11' 11'' x 11' 5'' (3.63m x 3.48m)
uPVC double glazed window onto the rear, doorway onto:

LOBBY AREA
uPVC double glazed door onto the rear and access to the kitchen and bathroom.

KITCHEN - 8' 11'' x 6' 3'' (2.72m x 1.90m)
uPVC double glazed window onto the rear, an integrated gas hob and integral electric oven and grill, stainless steel sink and drainer inset with space and plumbing for a fridge or freezer.

GROUND FLOOR BATHROOM
Modern three piece suit in white comprising of panelled enclosed bath with separate shower over, close coupled WC and pedestal wash hand basin, half tiled over the bath and tiled splash back with frosted uPVC double glazed window onto the rear and radiator.

FIRST FLOOR LANDING
uPVC double glazed window onto the front and doors onto three bedrooms.

BEDROOM 1 - 11' 11'' x 11' 2'' (3.63m x 3.40m)
uPCV double glazed window onto the rear, radiator and ornamental cast fire.

BEDROOM 2 - 11' 6'' x 10' 1'' (3.50m x 3.07m)
uPVC double glazed window to the front, radiator and ornamental cast fire.

BEDROOM 3 - 9' 0'' x 7' 8'' (2.74m x 2.34m)
uPVC double glazed window onto the rear and radiator.

OUTSIDE
The rear garden is split onto a low maintenance yard and raised garden area and brick built outbuilding with a buffer garden onto the front and on street parking.

Property Features :

• Three bedroomed mid terraced house
• Excellent opportunity for buy to let investors
• Adequately proportioned
• uPVC double glazing and gas central heating
• Enclosed rear garden