Property description

For sale by Modern Method of Auction; Starting Bid Price £120,000 plus Reservation Fee. We are pleased to offer this well presented 4 bedroom property comprising of a large lounge, kitchen, 4 x double bedroom and 2 full bathroom suites. Located in the popular area of Burley, on the doorstep of Cardigan Fields Leisure complex including a cinema, bowling and many restaurants. This property has a homely feel and has the benefit of being recently decorated.   Ideal as an ongoing investment this property is a must see and an internal viewing is highly recommended. Currently fully rented with no chain this property has great yield potential. With amenities such as Gas Central Heating, Double Glazing and being Internet ready this property won't be on the market for long. All inclusive packages available. This property is for sale by “Regional Auction name powered by iam-sold Ltd” or “iam-sold Ltd”. 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 Acknowledgment 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. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by The West