Modern Method of Auction
Auction date not yet published
2-bedroom house · CW1 3EB
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Modern Method of Auction: Starting Bid Price £90,000 plus reservation fee.
Stephenson Browne are delighted to present this two bedroom property on Rigg Street, offering versatile accommodation and two reception spaces, making it an appealing opportunity for first time buyers, couples and investors alike.
The ground floor begins with a welcoming layout, featuring a separate lounge providing a comfortable space to relax and unwind.
The dining room offers an ideal setting for family meals and entertaining guests, whilst the kitchen provides a practical space for everyday cooking.
To the rear, the lean to conservatory adds valuable additional living space, creating a versatile area.
To the first floor are two bedrooms, offering comfortable accommodation for residents and guests. A family bathroom completes the upstairs layout, providing convenience for everyday living.
With two bedrooms, a separate lounge and dining room, a practical kitchen, this property offers flexible accommodation suited to a range of buyers.
Rigg Street provides a convenient base for accessing local amenities and everyday essentials.
Early viewing is highly recommended to appreciate the accommodation and potential this property has to offer.
Hall Dining Room (3.68m x 3.68m (12'0" x 12'0" )) Lounge (2.74m x 3.45m (8'11" x 11'3" )) Kitchen (2.10m x 4.59m (6'10" x 15'0" )) Lean To Conservatory Stairs To First Floor Landing Bedroom One (3.67m x 3.70m (12'0" x 12'1" )) Bedroom Two (3.46m x 3.71m (11'4" x 12'2" )) Bathroom (1.97m x 2.16m (6'5" x 7'1" )) Externally To the rear of the property there is a small courtyard with great potential to personalise.
To the front of the property there is on road parking. Auctioneer's 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 Limited.
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. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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.
Auctioneers Comments Ftb This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Part Payment Deposit of 4.5% of the purchase price, subject to a minimum of £6,600.00.
This is paid to reserve the property to the buyer during the Reservation Period and is used as part-payment towards the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Council Tax Band A Tenure We understand from the vendor that the property is freehold. We would however recommend that your solicitor check the tenure prior to exchange of contracts. Why Choose Us?
At Stephenson Browne Crewe, our commitment to outstanding service and extensive local knowledge has earned us recognition as one of the UK’s leading independent estate agents.
In a highly competitive industry, we are proud to be named among the Top 500 Sales & Lettings Agents in the country and honoured by esta's as winners of Gold Awards in both Sales and Lettings.
For a free valuation, please call or email and we will be delighted to assist.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
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