Brookway, Rainham

SUMMARY
EXCELLENT PROJECT PROPERTY - Chain Free - Three Bedrooms - Semi Detached - In Need of Modernisation - Large Lounge, Dining - Spacious Garage with Rear Access.
For sale by Modern Method of Auction; Starting Bid £350,000 plus Reservation Fee - This property is for sale by iamsold Ltd.


DESCRIPTION
Located within the vibrant community of Rainham Village, Essex, this spacious semi-detached home on Brookway, RM13, offers an exceptional opportunity for investors and cash buyers with a keen eye for potential. Boasting three bedrooms and two bathrooms, this property presents a blank canvas for those ready to modernise and capitalise on its latent charm.

The substantial layout features a large lounge, welcoming dining room, and a practical utility room, providing ample space for family living or future tenant appeal. Additional perks include a sizeable rear garage with electricity, accessible via a service road, and the convenience of off-street parking for two vehicles.

While this home is in need of refurbishment and comes with some structural issues, the chance to mould and revitalise this property is an attractive venture for the astute purchaser. A structural survey is recommended to fully assess the renovation scope. Seize this opportunity to transform this house into a stunning home or profitable rental asset.

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.

Auctioneer's 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 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 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.

Lounge 22' 6" x 17' 4" narrowing to 11' 5" ( 6.86m x 5.28m narrowing to 3.48m )

Dining Room 8' 3" x 7' 6" ( 2.51m x 2.29m )

Kitchen 14' x 9' 3" ( 4.27m x 2.82m )

Bedroom One 11' 6" x 8' 8" ( 3.51m x 2.64m )

Bedroom Two 12' 5" x 10' 6" ( 3.78m x 3.20m )

Bedroom Three 6' 7" x 7' 7" ( 2.01m x 2.31m )



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.