View! Bid! Buy! For sale by Conditional Auction at The Village Hotel, Bury, BL9 7BQ on Thursday 5th July. Registration from 6.30pm, auction commences at 7pm. Reservation fee payable by winning bidder
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For sale by Modern Method of Auction; Starting Bid Price £40,000.00 plus Reservation Fee this recently renovated two bedroom semi-detached house is priced to sell and offers amazing value for money making it a hard to beat investment. Perfect for any investor looking to add to their property portfolio as its a low maintenance and ready to move into home that can generate an annual yield of between 9.3% - 10.2%. The house is situated on a quiet no through road in an area that has seen some recent regeneration including a new school, health centre and an apartment complex. It has been refurbished throughout by the current owners who rewired the replastered the whole house. Gas central heating and uPVC double glazing has been installed for added convenience and the kitchen and bathroom are modern. The interior requires a little TLC and the rear yard tidying up but this is a fantastic opportunity and should not be missed. Viewing is highly recommended and available 7 days a week by ringing our Wigan office on 01942205555.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, granting 56 days for completion with an aim to exchange contracts 28 days from the date the buyer’s solicitor is in receipt of the draft contracts. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 4.2% to a minimum of £6,000 including VAT which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
The buyer will be required to sign an ‘Acknowledgement of Reservation’ form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by The Great North Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.
This property is for sale by The Great North Property Auction powered by IAM Sold Ltd.
Sold Subject to Contract
Auction Guide Price £40,000
|Council||Band A||Band B||Band C||Band D||Band E||Band F||Band G||Band H|
|South Ribble Borough Council||£1,014.34||£1,183.41||£1,352.47||£1,521.52||£1,859.63||£2,197.76||£2,535.86||£3,043.04||Website|
|Chorley Borough Council||£1,003.58||£1,170.85||£1,338.11||£1,505.37||£1,839.89||£2,174.43||£2,508.95||£3,010.74||Website|
All council Tax Bandings are indicatory. Please check the precise banding for a property of interest.
When you sell with Regan & Hallworth you are allocated your own estate agent who’s job it is to keep in regular contact and provide feedback after everyviewing.
Senior Sales Advisor
Call: 01942 205 555Email me
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Regan & Hallworth estate agents have been selling and letting properties in Wigan, Ormskirk, Chorley, Standish, Leyland, Parbold & all the villages in-between for over twenty years. If you are considering selling or letting your property and are looking for an estate agent with a proven track record, book a free market appraisal of your property today. We have no set up fees and no lengthy tie-ins. Our professional photography, glossy sales brochures and detailed floor plans are all included with no additional costs
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