FREEHOLD
The Property
Investment Opportunity: 2-Bedroom Terrace with Expansive Garden
Unlock the potential of this charming 2-bedroom terrace house, offering an exciting investment opportunity for those with a vision for renovation and appreciation for spacious outdoor living. With a large garden and vacant status, this property presents a rare chance to create your dream home or maximize returns as an investor, all without the hindrance of a chain.
Key features:
1. Renovation Potential: Calling all renovators and DIY enthusiasts! This property is a blank canvas awaiting your creative touch. With a little imagination and effort, you can transform this house into a stylish and modern living space that perfectly suits your taste and lifestyle.
2. Spacious Garden: Step outside to discover the expansive garden, offering endless possibilities for outdoor enjoyment and relaxation. Whether you envision a lush green oasis, a vibrant vegetable patch, or a tranquil retreat for alfresco dining and entertaining, this generous outdoor space provides the perfect canvas for your landscaping dreams.
3. Vacant Property - No Chain: With no chain involved, this vacant property presents a hassle-free opportunity for investors looking to maximize returns or first-time buyers eager to put their stamp on a property without delay. Take advantage of this rare chance to secure a property with endless potential and flexibility.
4. Two Bedrooms: Inside, you'll find two well-proportioned bedrooms, providing comfortable accommodation for residents or tenants. With ample natural light and versatile layouts, these bedrooms offer a peaceful retreat from the hustle and bustle of everyday life.
5. Convenient Layout: The layout of this terrace house offers a practical flow of living spaces, providing the perfect foundation for modernization and customization according to your preferences and needs.
CURRENT 52/83 POTENTIAL
This property is offered for sale via the Reservation Fee Service which is a flexible and buyer friendly method of purchase. The purchaser will be given 90 working days in which to complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Merchant 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 give the Merchant authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Merchant.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £6,600 including VAT and a legal pack charge of £372 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.