2 bed terraced house for sale

Station Road, Ilkeston DE7

Offered for sale by the modern method of auction - two bedroom mid-terrac - in need of renovation. This mid-terrace property is set in a convenient location in the popular town of Ilkeston, and would be a worthy project for a homeowner or buy to let landlord.

Available for sale with no upward chain is this two bedroom mid-terraced property on Station Road in Ilkeston. Previously rented, this property required refurbishment throughout. Briefly the property comprises a well proportioned living room, kitchen, ground floor shower room. Two double bedrooms to the first floor.

Ilkeston is a popular town set in between Derby and Nottingham. Enjoying convenient access to the M1 motorway the property is well connected, and the town centre boasts an abundance of local amenities including large supermarkets.

Auctioneers notes This property is for sale by Martin & Co Derby powered by iamsold Ltd.

The property is for sale by 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.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to the 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.

The 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 £300.00 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.