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" FOR SALE BY MODERN METHOD OF AUCTION This detached bungalow offers an opportunity to create your dream home, located in the village of Little Clacton, affording field views to front and with plans approved for large extension. The property has been stripped back and is offered in shell condition ready for the new owner to make it their own! Cash buyers only .

Description Formerly a two bedroom detached bungalow, the property has been completely stripped back to a shell and therefore will only be suitable for cash buyers. The bungalow benefits from full planning approval for a rear and side extension.

Planning Planning permission approved for substantial rear and side extension under reference 23 00936 FULHH. We believe plans could be tweaked to create a three bedroom bungalow if desired. With extension built out as per approved plans the overall floor area will be approximately 1,190 Sq Ft

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 £6,000.00 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 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.

Agents Note Sales PLEASE NOTE Although we have not tested any of the Gas Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.

Aml ANTI MONEY LAUNDERING REGULATIONS 2017 In order to comply with regulations, prospective purchasers will be asked to produce photographic identification and proof of residence documentation once entering into negotiations for a property.

Additional Information Council Tax Band C
Heating None
Sellers Position No Onward Chain
Garden Facing South East
Services Mains gas, electricity, water and drainage
Non Standard property Features None
Additional Charges None

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