2 bedroom Semi Detached Bungalow for sale,

Sunbury Avenue, Penwortham, Lancashire, PR1

MODERN METOD OF AUCTION!!

GUIDE PRICE £140,000 subject to reserve.

AUCTION END DATE THURSDAY 25TH JULY 2024 1PM

PERFECT FOREVER HOME IN PENWORTHAM!!.

Reeds Rains powered auctions bring to the market this beautiful true bungalow in the highly sought after Penwortham area of Preston. This two bedroom bungalow is located on an idyllic and sought after avenue set back of the main road and is close to all the local amenities and transport links. The property itself briefly comprises entrance hall, two bedrooms, lounge, kitchen, modern bathroom, front and rear gardens, off street parking and also benefits from a garage. EPC Grade awaited. Council tax band C.

AUCTION 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, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim of being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. 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 Acknowledgement of 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 Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by North West Property Auction powered by IAM Sold. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.5% to a minimum of £6,600.00 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 Acknowledgement of 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 Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by North West Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price. EPC Grade awaited.