Derby Street, Reading, Berkshire

SOLD BY NICHOLAS ESTATE AGENTS & NEA LETTINGS: Set within this sought after area of Reading that is within easy reach of the Oracle shopping center and Reading mainline station is this split level 1/2 bedroom garden flat that is IN NEED OF COMPLETE MODERNISATION. The property offer flexible living accommodation and has a good sized private garden. The property is offered for sale through the MODERN METHOD OF AUCTION which is operated by iamsold LTD.

Front garden

Entrance hall

Kitchen / reception (4.14m x 3.53m)

Bathroom (2.59m x 1.63m)

Bedroom / reception room (3.25m x 2.44m)

Reception / bedroom (4.93m x 3.30m)

Garden

Tenure

Lease: 125 years from '89
Service charge: £0
Ground rent £50 Pa

Auctioneer Comments

Auctioneer Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing 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 of 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This 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 complete an identification process with
iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so
you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this
pack. The buyer will also make payment of £300 inc. VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services
are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed
reserve price that can change.

• Chain free
• Split level conversion
• In need of complete modernisation
• Private garden
• Residents parking
• Sold by Modern Auction (T&C's apply)
• Subject to undisclosed reserve price
• Buyers fees apply
• Council tax band A
• EPC rating F