This property is for sale by Modern Method of Auction powered by iamsold LTD - Starting Bid £50,000 + Reservation Fee
** FIRST FLOOR APARTMENT ** TWO BEDROOMS ** SOLD WITH SITTING TENANT ** 22' LIVING SPACE ** ELECTRIC HEATING ** WELL PRESENTED & MODERN KITCHEN ** This ideal investment property is sold with a sitting tenant in paying £425 PCM. Popular Clayton location and open views to the front. No work required! This first floor apartment sits at the end of a cul-de-sac in a small detached block of six apartments and briefly comprises of: Entrance Hall, Landing area, Lounge/Diner, Kitchen, Two Bedrooms & Bathrooms.

ENTRANCE HALL A UPVC door leads directly into a small hallway with coat hooks and stairs leading up to the first floor landing.

LANDING Stairs off to the second floor, door to the lounge and steps down to the front door.

LOUNGE/DINER 22' 4" x 9' 1" narrowing to 6' 8" (6.81m x 2.77m) Window to the front elevation with open views, electric heater and a door to the kitchen.

KITCHEN 12' 5" x 6' 2" (3.78m x 1.88m) Fitted with modern base and wall units, laminated work surfaces and splash-back wall tiling. Integrated electric oven, hob, extractor, fridge and freezer. Plumbing for a washing machine and a window to the rear elevation.

SECOND FLOOR

BEDROOM ONE 13' 10" x 8' 9" (4.22m x 2.67m) Electric heater, exposed beams and a large Velux window.

BEDROOM TWO 13' 10" x 6' 2" (Partial restricted head height) (4.22m x 1.88m) Velux window, electric heater and exposed beams.

BATHROOM A white bathroom suite comprising of a panelled bath with shower tap attachment, WC and a washbasin set in a vanity unit. Extractor fan.

EXTERNAL

Leasehold details provided by the owner as follows; 99 years remaining lease and a combined service charge and ground rent of approx. £55 per month.

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 4.2% 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 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.