Auction guide price of £100,000 plus reservation fee
Two double bedroom terrace property
Three piece bathroom suite
Driveway for one vehicle
Potential to extend STPP
Close to local mosques
Close to local amenities
Walking distance to Bolton town centre
Walking distance to Bolton train station
Excellent investment opportunity
***FOR SALE BY MODERN METHOD OF AUCTION; STARTING BID PRICE £100,000 PLUS RESERVATION FEE***
This well-presented two-bedroom terraced house offers an excellent opportunity for both investors and first-time buyers. With an attractive auction guide price of £100,000 plus reservation fee, the property comprises two spacious double bedrooms, a bright and airy lounge, and a modern three-piece bathroom suite. The kitchen is well-proportioned, providing ample space for appliances and dining. The home benefits from a driveway suitable for one vehicle, a rare advantage in this area. There is further potential to extend the property (subject to planning permission), making it an ideal choice for those looking to add value or create additional living space. Conveniently located within walking distance of Bolton town centre and Bolton train station, the property boasts easy access to local amenities, shops, and public transport links. It is also situated close to several local mosques, making it a suitable option for those seeking a vibrant and diverse community. This property presents a superb investment opportunity, with strong rental demand in the area and scope for further development.
Externally, the property features a low-maintenance front yard with a flagged pathway leading directly to the front door. The outdoor space is enclosed by a tall brick wall and a wrought iron gate, providing both security and privacy. The frontage allows for attractive kerb appeal and offers a welcoming entrance to the home. The driveway is conveniently positioned for off-road parking, ensuring ease of access and peace of mind for residents. The outdoor area is both practical and versatile, offering potential for further landscaping or personalisation to suit individual tastes. With its secure boundaries and functional layout, the outside space complements the property’s overall appeal and provides a pleasant setting for residents to enjoy.
Auctioneer 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 (for standard Grade 1 properties). 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 4.5% 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 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.
Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
AML Disclaimer
Please note it is a legal requirement that we require verified ID from purchasers before instructing a sale. Please also note we shall require proof of funds before we instruct the sale, together with your instructed solicitors.
Agents Note
Under the 1979 Estate Agents Act we are obliged to inform all potential purchasers if the owner of this property is related to an employee of Wilcox Estate Agents Ltd.
Agents Note
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Wilcox Estate Agents Ltd.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
POTENTIAL PURCHASERS:
Fixtures and fittings other than those mentioned are to be agreed with the seller.
BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Credas, which Wilcox Estate Agents Ltd will send your AML check. There is a nominal charge of £30 including VAT for this (per person), payable direct to Wilcox Estate Agents Ltd. Please note, we are unable to issue a memorandum of sale until the checks are complete.
REFERRAL FEES
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Wilcox Estate Agents Ltd.
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