Terraced house for sale in Millbrook Street, Gloucester, Gloucestershire GL1

Three Bedroom terraced house offered for sale with no onward chain being sold by method of auction....
The Property Centre welcome to the market this three bedroom period home conveniently located within walking distance of Gloucester Royal Hospital and the City Centre. Although offering good sized accommodation this property does require some modernisation. The accommodation briefly comprises; lounge, separate dining room, galley style kitchen and downstairs showroom. On the first floor there are two good sized bedrooms. And a single bedroom. Externally to the rear there is an enclosed garden which also has a shared side access. The property also benefits from gas central heating, Upvc double glazing. Offered "For Sale" with no onward chain, early viewing is advised to avoid disappointment...

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 4.2% 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.

Potential rental income of £825/ £850