*** Please see photos for detailed information on the location and opportunity ***Bairstow eves are please to present to the market this superb investment opportunity of a new build block of apartments with the building freehold included.This is being sold through modern method of auction through I.am.soldThe Development consists of 8 high spec apartments, 3 x 2 bed apartments and 5 x 1 bed apartments. All white goods and integrated appliances included.The building is fully tenanted.Auctioneer CommentsThis 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 theAuctioneer, iamsold LimitedThis method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyerssolicitor (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 priceincluding 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 aspart of the chargeable consideration for the property in the calculation for stamp duty liability.Buyers will be required to go through an identificationverification 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 everythingyou need to know about the property, so you are required to complete your own due diligence before bidding.A sample copy of the ReservationAgreement and terms and conditions are also contained within this pack.The buyer will also make payment of £300 including VAT towards thepreparation 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 ArrangementsThe Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed theywill 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 referralarrangement and payment prior to any services being taken by you.
£ 1,800,000