ONLINE AUCTION - A great opportunity has arisen to purchase this two bedroom grade 2 listed house within 100 yards to the beach, which would make a great investment or first time buy. This property offers two bedrooms, bathroom, downstairs W.C., loft access, and is in need of refurbishment. Walking into this property, it was clear it has a lot of potential.

Auctioneer Comments -
This 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 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 by the buyers solicitor. 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 price including 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 as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification
verification 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 everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation 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 Arrangements, The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will 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 referral arrangement and payment prior to any services being taken by you.

AUCTION END DATE MONDAY 11th DECEMBER @ 2PM.

• For Sale by Modern Auction – T & C's apply
• Subject to Reserve Price
• Buyers fees apply
• The Modern Method of Auction

Directions

Proceed along the High Street with our office on your right hand side, upon reaching the fork take a left on to Fore Street, follow the road which will then lead you on to Wilder Road, The Admirals Collingwood (Weatherspoon's) will be on your right hand side, head towards the Harbour into St James Place. Upon reaching the junction take the left hand turning and then immediately left, next to Harbour Lights and the metal railings leading to the footpath.