Property description
DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £400,000 plus reservation fee. A unique development opportunity comprising of three interlinked properties within approximately 1.89 of an acres in the highly respected village of Wrawby. The property briefly comprises of a five bedroom house with two lounges and kitchen which is linked to two, two bedroomed bungalows with kitchens and bathrooms. The property was formerly used as a bed and breakfast and is considered suited to a variety of potential uses subject to necessary permissions. In addition to the houses there is large brick built workshop, brick built stable, open fronted tractor store and various other stores. Viewing strictly by appointment via the agent at Brigg office. Note: The vendors inform us that the properties are registered on two titles and that Twisted Willow is a separate title to the remaining land and to the other two bungalows.
This property is for sale by DDM Property Auction powered by iam-sold Ltd.
AUCTIONEER'S COMMENTS 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, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. 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 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. 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 form and all terms and conditions can be found in the Legal 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 DDM Property Auction powered by iam-sold Ltd.
TO VIEW OR MAKE A BID – Contact DDM Residential on 01652 653666 or visit: www.northlincolnshirepropertyauction.co.uk
Property Features :
- Unique development opportunity
- Five bedroomed house with two attached, two bedroomed bungalows
- 1.89 acres approximately site area
- Detached workshop, stable and stores
- Viewings strictly by appointment