Detached house for saleLincoln Road, Fenton
Sold STC £5,000
- Semi rural location
- Potential development plot
- Own gated access
- Fairly level grassland
DDM PROPERTY AUCTION : For sale by Modern Method of Auction: Starting Bid Price £5,000 plus reservation fee.
Opportunity to acquire this lovely rural plot in in the well regarded village of Fenton. Set back from the road, driveway from the roadside leading to a good sized plot. Plot size approx 0.2 acres a recent planning application has recently been declined, for further information please find the associated documents with the Planning Application No: 135712AUCTIONEER'S COMMENTSThis property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts for the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by DDM Property Auction powered by iam-sold Ltd.TO VIEW OR MAKE A BID – Contact DDM Residential on 01427 616161 or visit: www.northlincolnshirepropertyauction.co.uk
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*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call DDM Residential, Gainsborough on 01427 616161.
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