Property description

DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £220,000 plus reservation fee.

A rare opportunity to acquire an extended detached colour washed cottage with outstanding views towards the Lincolnshire Wolds. The property occupies a plot of approximately three quarters of an acre in a rural position with fieldside views. The property has been recently extended and there is further scope for enhancement by the purchaser to their own taste. The property briefly comprises of a 24'4 full width reception hall, lounge with decorative fireplace and a second sitting room/dining room with multi fuel burner. The generous kitchen is appointed with a range of beech effect units and there is a utility and downstairs shower room both of which are to be finished by the prospective purchaser. To the first floor there are four bedrooms, one of which includes an en-suite shower room together with a further study/potential nursery. The accommodation is completed by a family bathroom with both bath and walk in shower. The rear of the property requires landscaping but includes generous off road parking together with a brick built outbuilding and a recently completed block built stable. An excellent detached family cottage with undoubted potential.

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 653 666 or visit: www.northlincolnshirepropertyauction.co.uk

Property Features :

• Rarely available extended detached cottage with Wold side views
• 24´4 reception hall & lounge with feature fireplace
• Second sitting room/dining room with multi fuel stove
• 21´2 beech effect kitchen, utility & shower room
• Four bedrooms (master en-suite), study/potential nursery & bathroom to first floor