*** RENOVATION PROJECT ***
For sale by Modern Method of Auction; Starting Bid Price £155,000 plus Reservation Fee. If you are looking for a project this character cottage on Westgate Road in Faversham could be the perfect property for you!
A short stroll into the town centre or to the train station into London the location couldn't be more convenient.
The accommodation in brief comprises - ground floor, lounge, dining room, kitchen, shower room. On the first floor are the three bedrooms . Externally the property has a low maintenance rear garden.
END DATE OF AUCTION 31ST MARCH MIDDAY!
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 4.2% 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 term 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 subject to change
|Lounge||3.53m x 3.00m (11'07 x 9'10)|
|Dining Room||3.38m x 3.00m (11'01 x 9'10)|
|Kitchen||2.21m x 1.83m (7'03 x 6'00)|
|Bathroom||2.51m x 0.99m (8'03 x 3'03)|
|Bedroom One||4.55m x 3.02m (14'11 x 9'11)|
|Bedroom Two||3.02m x 2.82m (9'11 x 9'03)|
|Bedroom Three||2.31m x 2.97m (7'07 x 9'09)|