Property description

DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £105,000 plus reservation fee.

Offered with the benefit of no upward chain and priced to reflect the degree of redecoration and modernisation required, this three bedroom detached bungalow is situated in an established residential area. The property briefly comprises of a side entrance hall leading to a dual aspect lounge with gas fire and archway through to a dining room. There is a kitchen with a range of high and low units together with three generous bedrooms and a family bathroom with two piece suite and separate toilet. In addition to the driveway parking for three cars there is an attached single garage and there are gardens to the front and rear of the property.

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 :

• Three bedroom detached bungalow with garage in established residential area
• Updating & modernisation required
• Lounge, dining room & kitchen
• Bathroom & separate toilet
• Off road parking, garage & gardens to front & rear