4 bed terraced house for sale

Park Road, Bingley BD16

For sale by Modern Method of Auction Starting Bid Price £200,000, plus Reservation Fee

For sale by Modern Method of Auction Starting Bid Price £200,000, plus Reservation Fee

The mature home, which offers any would be purchaser an excellent degree of versatility and flexibility should be viewed to be fully appreciated. It comprises; entry into spacious entrance hall, lounge with feature fire place, a dining room and a ground floor shower room. The lower ground floor offers a flexible room which could be used as a home office and a spacious dining kitchen with access to the rear garden. The first floor presents the largest of the four bedrooms, a dressing room/bedroom 2 and the house bathroom, and there are two further double attic rooms. Externally to the front and rear are low maintenance yards.

The property is situated a comfortable stroll from Bingley town centre. The station in Bingley provides a frequent and direct rail service to Leeds, Bradford and Skipton.

Property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited.

Auctioneers Comments

Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

Buyer Compliance Checks
Please note that all successful buyers will be required to complete identity verification and Anti-Money Laundering (aml) checks. Estate agents are legally required to undertake these checks in accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended by subsequent legislation including the Money Laundering and Terrorist Financing (Amendment) Regulations 2019, and guidance issued by hm Revenue & Customs.

To fulfil these legal obligations, we use our compliance partner Coadjute to undertake identity verification and aml checks on our behalf. A fee of £48 (including VAT) per buyer is payable for this service.

Where a gifted or loaned deposit is being used towards the purchase, the Money Laundering Regulations require verification of the identity and source of funds of all individuals providing financial contributions. Therefore, each contributing party will also be required to complete aml checks. A fee of £29 (including VAT) per contributing party will apply.

Once payment has been made to Coadjute and all required checks have been successfully completed, we will be able to confirm the property as Sold Subject to Contract (sstc).

The fee covers the cost of obtaining relevant electronic identification data, verification of identity and source of funds, any required manual verification, and ongoing monitoring where applicable. Hunters may receive a portion of the fee charged by Coadjute in recognition of its role in facilitating these compliance checks.

All information will be processed in accordance with the UK General Data Protection Regulation and the Data Protection Act 2018.