Land To The South Of St Martins, Houghton Road

For sale by Modern Method of Auction; Starting Bid Price £5,000 plus Reservation Fee.

The property comprises a small parcel of undeveloped land. The land is accessed directly from Houghton Road (A182) and is relatively square in shape. The property has not been developed and has a grass vegetation covering with some larger bushes at the front of the site. The site is bounded by a timber fence to the north with no physical boundaries at the other sides. The site is located on a relatively steep slope. This property is for sale by “Great North Property Auction “powered by iam-sold Ltd

Auctioneer Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This 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 complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.TO VIEW OR MAKE A BID contact Bradley Hall Estate Agents in Alnwick on 01665605605 or visit www.bradleyhall.co.uk