Teale Street, Scunthorpe

Teale Street

SCUNTHORPE | NORTH LINCOLNSHIRE | DN15 6JB

STARTING BID £60,000

Step Inside DDM

PROPERTY

2

2

TEALE STREET AUCTION

:

For

sale

Method of Auction: Starting Bid Price

by

1

EPC Rating: D

Modern

£60,000

plus

property

is

for

sale

by

the

Modern

bid on the property, your information will be

A fantastic opportunity for an investor to add to their This

This

Method of Auction. Should you view, offer or

reservation fee.

portfolio.

Auctioneer Comments

centrally

located

two

bedroom

mid

terrace property requires a scheme of refurbishment

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

and modernisation throughout and offers buyers the

by the buyer’s solicitor. This additional time

chance to fit and finish a property to their own taste.

allows

buyers

finance.

The

to

proceed

buyer

is

with

required

mortgage to

sign

a

with

reservation agreement and make payment

staircase to the first floor, living room, dining room

of a non-refundable Reservation Fee. This

The

property

briefly

comprises;

entrance

hall

and kitchen. To the first floor there are two double bedrooms which are served by a family bathroom.

Externally

the

property

fronts

directly

onto

being 4.2% of the purchase price including VAT,

subject

to

a

minimum

£6,000.00

of

including VAT. The Reservation Fee is paid in

Teale

addition

to

considered

purchase as

Street. To the rear of the property is a garden which

consideration

has floral beds and a concrete pathway leading to a

calculation

useful storage shed and a gateway providing access

will

for bins.

identification

be

iamsold

Referral Arrangements

part for

for

the

stamp

required and

price of

will

to

in

liability.

go

be

chargeable

property

duty

verification provide

and

the

the

Buyers

through

an

process

proof

of

with

how

the

purchase would be funded. This property has

The Partner Agent and Auctioneer may recommend the

a

services of third parties to you. Whilst these services are

collection of documents in relation to the

recommended as it is believed they will be of benefit; you

property. The documents may not tell you

are under no obligation to use any of these services and

everything

you should always consider your options before services

property, so you are required to complete

are

accepted.

services

need

to

which

know

is

about

a

the

your own due diligence before bidding. A sample copy of the Reservation Agreement

recommendation and you will be informed of any referral

and terms and conditions are also contained

arrangement

within this pack. The buyer will also make

prior

to

any

accepted

you

Pack

the

payment

are

Information

Auctioneer or Partner Agent may receive payment for the and

Where

Buyer

services

being

taken by you.

payment of

£300

including VAT towards the

preparation cost of the pack, where it has TO VIEW OR MAKE A BID – Contact DDM Residential on

been provided by iamsold. The property is

01724

subject to an undisclosed Reserve Price with

868168

or

www.northlincolnshirepropertyauction.co.uk

visit:

both

the

Reserve

Price

being subject to change.

and

Starting

Bid

Agents notes: All measurements are approximate and for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on. The fixtures, fittings and appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. Internal photographs are reproduced for general information and it must not be inferred that any item shown is included with the property. For a free valuation, contact the numbers listed on the brochure.

MEGAN 01724 868168 follow DDM Residential on

DDM Residential 46 Oswald Road, Scunthorpe, North Lincolnshire, DN15 7PQ 01724 868168 | scunthorpe@ddmresidential.co.uk