The Holloway, Compton, Wolverhampton WV6 8LH

Auction Guide Price
£160,000
SSTC
This property listing is now SSTC

2 Bedroom Cottage for sale in Wolverhampton

1 2 1
  • No upward chain
  • Living room
  • Breakfast kitchen
  • First floor double bedroom
  • Inner landing and main bathroom
  • Second floor double bedroom
  • On road parking
  • Low maintenance rear garden
  • Subject to reserve price
  • For Sale by Modern Auction – T & C’s apply

Occupying a choice position within this charming row of traditional period properties this two bedroomed mid terrace provides a quirky layout of living accommodation with some interesting features which can only be truly appreciated by an internal inspection to truly appreciate the interesting interior presently on offer.


To the rear of the property is a low maintenance enclosed courtyard with walling and fencing with mostly York stoned pavers and Cotswold stone and undoubtedly one of the interesting features of the property is directly from the garden are a couple of steps which are laid down to a good sized cellar presently used for storage but could be utilized for a multitude of purposes if so required.



The property itself is situated between both Compton and Tettenhall Wood villages with both providing an excellent range of amenities including local shops, independent boutiques, cafes, hairdressers and convenience stores.


EPC D57




KEY FEATURES



  • For Sale by Modern Auction – T & C’s apply

  • Subject to Reserve Price

  • Buyers fees apply

  • The Modern Method of Auction


 


Auctioneer Comments


This property is for sale by the 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 (for standard Grade 1 properties). This additional time allows 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. This being 4.8% of the purchase price including VAT, subject to a minimum of £6,600.00 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 terms 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 being subject to change.


 


Referral Arrangements


The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you









Anti Money Laundering & Proceeds of Crime Acts: To ensure compliance with the Anti Money Laundering Act and Proceeds of Crime Act: All intending purchasers must produce identification documents prior to the memorandum of sale being issued. If these are not produced in person we will require certified copies from professionals such as doctor, teacher, solicitor, bank manager, accountant or public notary, To avoid delays in the buying process please provide the required documents as soon as possible. We may also use an online service provider to also confirm your identity. A list of acceptable ID documents is available upon request. We will also require confirmation of where the funding is coming from such as a bank statement with funding for deposit or purchase price and if mortgage finance is required a mortgage agreement in principle from your chosen lender.

Important Information

  • This is a Freehold property.

Property Ref: EAXML985_12395534

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Nick Tart (Tettenhall)

Tettenhall, West Midlands, WV6 8QH

01902 755585

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