3 Bed House For Sale

***FOR SALE BY MODERN METHOD OF AUCTION; STARTING BID PRICE £150,000 PLUS RESERVATION FEE***

Presenting an excellent opportunity for investors and those seeking a project, this three bedroom end of terrace house is offered to the market with an auction guide price of £150,000 plus reservation fee. Requiring full modernisation throughout, the property offers significant potential to add value and create a comfortable family home tailored to your own specifications. The layout comprises two well-proportioned reception rooms, providing flexible living and dining spaces suitable for a variety of needs, and a practical cellar, ideal for additional storage or conversion subject to the necessary consents. Upstairs, there are three bedrooms, each offering ample space for family members or guests, and the potential to reconfigure or update to suit modern lifestyles. A key feature of this property is the garage to the rear, offering valuable off-street parking or further storage options, which is a rare benefit in this sought after location. The house is enviably positioned within walking distance of local mosques, making it ideal for those seeking easy access to places of worship, and is also conveniently close to a selection of well-regarded primary and secondary schools, ensuring excellent educational opportunities for families. The surrounding area is highly regarded for its community atmosphere and accessibility to local amenities, making it a popular choice for both owner occupiers and investors alike. With its generous proportions and versatile accommodation, this property represents an outstanding canvas for those wishing to undertake a full scheme of renovation and capitalise on the strong demand for quality homes in the area. Early viewing is highly recommended to appreciate the potential on offer and to secure a property in this desirable neighbourhood. For further details or to arrange a viewing, please contact the office at your earliest convenience.

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.