**FOR SALE BY MODERN METHOD OF AUCTION** ADAMSONS BARTON KENDAL are pleased to bring to the market this two bedroom mid terraced property situated close to Rochdale town centre, which is offered for sale via modern method of auction. The property does require a degree of modernisation and improvement, but owing to its position close to Rochdale infirmary and other local amenities, represents a great opportunity for investors.
The property briefly comprises of a spacious lounge, and a large kitchen diner. To the first floor, there are two double bedrooms and a four piece family bathroom with generous landing space. At the rear, there is a paved rear yard with street parking available to the front of the property.
AUCTIONEERS COMMENTS
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.