Underwood Road, Plymouth

SUMMARY
** FIRST TIME BUYERS / INVESTORS **
A DELIGHTFUL three bedroom mid terraced house with a MODERN bathroom, cosy lounge with LOG BURNER and CHARACTER FEATURE fireplaces in the bedrooms. To the rear is a useful outbuilding and a LARGE REAR GARDEN. Council Tax Band B.


DESCRIPTION
This 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, granting 56 days for completion with an aim to exchange contracts 28 days from the date the buyer’s solicitor is in receipt of the draft contracts. 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 4.5% to a minimum of £6000 including VAT which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an ‘Reservation Form’ to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Property Information Pack, which can be downloaded for free from the auction section of our website or requested from our Auction Department.

Auctioneer's 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 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 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 no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer.

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.

Entrance Hall 
Double glazed window to the front elevation, access to lounge

Lounge 11' 5" Plus Bay x 14' 2" Max ( 3.48m Plus Bay x 4.32m Max )
Double glazed bay window to the front elevation, log burner, TV point, coving to ceiling, door access to small hallway with access to the kitchen and bathroom

Kitchen 9' 8" Max x 11' 6" Max ( 2.95m Max x 3.51m Max )
Double glazed window to the rear elevation, fitted kitchen with wall and base units, sink and draining board with mixer tap, integrated electric cooker with induction hob, stainless steel extractor hood, integrated fridge, radiator, wooden door to rear garden

Bathroom 
Double glazed obscured window to the rear elevation, modern bathroom suite comprising of bath with shower over, wash hand basin with vanity unit, low level WC, ladder towel rail, part tiled

Landing 
Double glazed window to the rear elevation, door access to bedrooms, loft access

Bedroom One 11' 6" Max x 9' 7" Max ( 3.51m Max x 2.92m Max )
Double glazed window to the rear elevation, cast iron feature fireplace, built in storage cupboard, radiator

Bedroom Two 9' 6" Max x 11' 6" Max ( 2.90m Max x 3.51m Max )
Double glazed window to the front elevation, built in storage cupboard, radiator

Bedroom Three 11' 7" Max x 7' Max ( 3.53m Max x 2.13m Max )
Double glazed window to the front elevation, radiator

Rear Garden 
Outbuilding, level patio area and spacious laid to lawn



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.