Guide Price, £150,000

Keighley, Cross Roads

**FANTASTIC INVESTMENT OPPORTUNITY** ** FOR SALE BY MODERN METHOD OF AUCTION WITH ADVANCED PROPERTY AUCTION ** STARTING BIDS £150,000 ** FEES APPLY Offering to the market on one title are three Victorian terrace properties situated in the popular village of Cross Roads. Ideal for investors looking to add to their portfolio, creating an annual turnover of £12,720 when full and this could be increased with regular rent reviews. The plots consist of no 85 Cross Roads a 2/3 bedroom back to back terrace property. 87 Crossroads, a cafe with a one bedroom flat above. 7 Barwick Square a one bedroom back to back terrace located just behind the former properties. The Cafe is currently empty but the two terrace properties have been rented for the last several years without a rental review.
Auctioneer's Comments This property is for sale by the online Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction allows the purchaser 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the sale and takes the property off the market. Fees paid to the Auctioneer are in addition to the price agreed. 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 form 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 a 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. T&C'S apply to the online Modern Method of Auction, which is operated and powered by Advanced Property Auction.

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