ddm auction catalogue

36
PROPERTY AUCTION CATALOGUE Tuesday 28th June The Forest Pines Hotel [email protected] [email protected] SUMMER AUCTION 2011 Partner Agents www.ddmauctions.co.uk 0845 4599 499 1RUWKHUQ /LQFROQVKLUH 3URSHUW\ $XFWLRQ

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June issue

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Page 1: DDM Auction Catalogue

PROPERTY AUCTION

CATALOGUE

Tuesday 28th June

The Forest Pines Hotel

[email protected]

[email protected]

SUMMER

AUCTION 2011

Partner Agents

www.ddmauctions.co.uk 0845 4599 499

Page 2: DDM Auction Catalogue

Directions from the NorthTake Junction 35 off the M62.Take Junction 5 off the M18 onto the M180. Exit at Junction 4 and take the Scunthorpe exit.At the next roundabout, take the second exit and the hotel is on the left hand side.

Directions from the SouthTake Junction 32 off the M1 onto the M18. Take Junction 5 off the M18 onto the M180.Exit at Junction 4 and take the Scunthorpe exit.At the next roundabout, take the second exit ...and the hotel is on the left hand side.

By RailScunthorpe Station – 8 miles.

Hotel InformationQHotels prides itself on its collection of 21 carefully nurtured, unique four-star hotels throughout the UK. If you are interested in staying in North Lincolnshire after the auction, please call 01652 650770 to book a room at The Forest Pines Hotel, Brigg.

Hotel Facilities- Free wi-fi internet access (throughout the hotel)- 9 highly flexible conference and meeting rooms- 40 immensely satisfying spa treatments- Leisure facilities including the Technogym - 27 hole championship golf course

Parking400 Spaces (Free Car Parking)

Registration from 6.30pmAuction begins at 7.00pm

A15

Forest PinesGolf Club

B1207

A18

Scaw

by R

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The Forest Pines HotelErmine StreetBroughtonNear BriggNorth LincolnshireDN20 0AQ

Tel: 01652 650770www.qhotels.co.uk

M180

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Auction VenueThe Forest Pines Hotel, Brigg

Page 3: DDM Auction Catalogue

57 sales with a capital value of over £4 million in our first two sales of the year. The DDM Property Auction Event continues to establish itself as the largest independent auction event in the region...

Northern Lincolnshire Property AuctionTuesday 28th June 2011*Hosted by DDM Property Auction

Graham WilsonManaging DirectorDDM Residential

Welcome to our third property auction event of 2011. In the June auction we offer over 40 lots from across the whole region under the hammer. The Northern Lincolnshire Property Auction Hosted by DDM Residential continues to thrive with an increase in instructions from our new partner agents at Lovelle Estate agency in Brigg, Barton and Scunthorpe and from Jackson Green and Preston in Grimsby.

The June auction again offers a broad range of property ideal for the investor, developer, owner occupier and first-time-buyer alike. We expect some strong prices to be achieved in line with the uplift of activity we have seen in the market during the spring months.

A Key to success in selling will be ‘motivation’ both from Sellers and Buyers. It may seem obvious, but

sales will be lead by those who are motivated with a specific reason to buy or sell at a realistic price. The Northern Lincolnshire Property Auction hosted by DDM will continue to match motivated buyers and sellers providing the only effective route to sale in 2011.

In some cases you can buy properties before the actual auction night. To view our online listings including full details on the properties listed in this catalogue please visit www.ddmauctions.co.uk. Here you can bid online, from the comfort of your home or office, 24 hours a day, seven days a week, 365 days a year.

Are you on the market? Transfer to DDM and get the best of both worlds. We place it on the market as normal as well as enter it into the auction! Call us today on 0845 4 599 499 or email [email protected].

Page 4: DDM Auction Catalogue

Glossary of TermsThe Modern Method of Auction

ADDENDUMThe document published on the day of the auction containing all of the corrections, changes and additions to the details within the catalogue. It is important that you read this document before bidding to see if there is anything significant listed against your lot. We will be compiling these amendments right up until the auction day. The most up to date copy is always available from our auction department. The Addendum forms part of the contract of sale.

STARTING BIDSStarting bid prices are published for each property and are a reflection of the price the vendor is trying to achieve. In most cases the reserve price will be in excess of the starting bid figure. Starting bids are for guidance only and are not reserve prices. These prices may occasionally change throughout the marketing period.

RESERVE PRICEThis is the minimum price that is acceptable to the vendor for selling a subject lot in the auction room. We do not publish reserve prices; this figure is a private agreement between the vendor and the auctioneer.

RESERVATION FEEUnless otherwise stated, each property is sold subject to a reservation fee. The reservation fee is calculated against the final negotiated selling price at 5% subject to a minimum of £5,000 plus VAT at the prevailing rate. The reservation fee does not form part payment of the final negotiated selling price, and is received on a non-refundable basis. The reservation fee is held as a reservation against the subject property until such time that exchange of contracts takes place. If the sale falls through due to an act or action of the vendor, the reservation fee becomes repayable to the buyer in full.

EXCHANGE OF CONTRACTS(The purchaser is in contract at the fall of the hammer). This is the point at which you are legally obliged to buy the property; this usually takes place 28 days after the fall of the hammer. The property is not yours at this point, but there is a legal obligation for the purchaser to buy and the vendor to sell. Property insurance should be arranged at this time.

COMPLETION This is the point at which the property legally becomes yours and keys become available. This usually takes place 28 days after the exchange of contracts and is typically arranged between the vendor’s solicitor and your own solicitor. You will be asked to provide any outstanding funds at this point. Any variation to these terms will be either be announced by the auctioneer or appear in the Special Conditions of Sale if applicable for each property available from the Auctioneer prior to auction.

If you are new to buying residential property at auction, this guide is here to provide you with a helping hand. The guide covers the more frequently asked questions for first time buyers and is designed to help you make the house-buying process as smooth as possible.

4 [email protected]

Page 5: DDM Auction Catalogue

PROXY BIDDING/TELEPHONE BIDDINGIf you cannot attend the auction you can ask the auctioneer to bid on your behalf by telephone or in writing. A phone/proxy bidding form is available at the rear of the catalogue or upon request from the auction department. You are required to complete this form & fax or post back to the specific auction contact in order to register your bid.

SPECIAL CONDITIONS OF SALE Each lot is sold subject to the Notices and General Conditions of Sale printed in the catalogue. In addition to these ‘general’ conditions applicable to each lot the vendor’s solicitor may draft additional terms applicable to their individual lot – these are the Special Conditions. These are not printed in the catalogue and are available for free from the auction department if applicable. They form part of the Contract of Sale. It is important that you satisfy all of your legal enquiries and are aware of all conditions (including any Addendum) before you bid at auction.

PRE AUCTION OFFERSWe anticipate that the lots in this catalogue will be offered, as advertised, on the day of sale. There may be circumstances where the acceptance of an offer prior to auction may be considered. Parties interested in particular lots are advised to register their interest with the auctioneers at the earliest opportunity.

Auction Day Procedure

REGISTRATIONYou will require photographic I.D. to obtain a buyer card to enable you to bid at a property auction. If you intend to bid please remember to bring with you your catalogue, debit/credit card or bankers draft for your deposit and some form of identification – such as drivers licence, passport, credit card etc. Please also bring the contact details of the solicitor you intend to use, or there will be a solicitor present.

TIMINGThe lots will be sold in order as catalogued. Allow approximately 3 minutes per lot as a guide. Therefore lot ten should be offered for sale at approximately 7.30pm

BIDDING FOR YOUR LOT When the auctioneer announces your lot he will also bring to your attention any last minute items which you should be aware of. He will also read the full address of the property, so please double check before bidding that this is the lot that you are interested in. The current lot number is usually displayed with a photograph on screens at the front of the room. The auctioneer will invite bids at a particular level and you can make this bid by raising your paddle, hand or catalogue. If you wish to make a bid other than the auctioneer calls for, please shout out your bid and the auctioneer may or may not accept it. The property will be ‘knocked down’ to the highest bidder – but not until the auctioneer warns you by saying ‘going, going, gone’. Never delay until the last second with your bid – you may lose it. Remember, there may be 200 people in the room and unless your bid is clear the auctioneer may not see you.

ON THE FALL OF THE HAMMERIf you are the successful bidder a member of the auction team will approach you and ask you to follow them to the sales room. You will then be asked to provide a reservation fee or deposit (usually 5% subject to a minimum of £5,000 plus VAT). We will then prepare the acknowledgement of reservation form for you to sign using the details provided. Exchange will usually take place 28 days later under the supervision of your solicitor. Please do not leave the auction room without paying your deposit and signing the contract.

WHAT IF THE LOT I WANT IS UNSOLD?If a lot fails to reach its reserve in the room and you wish to buy it, ensure you register your highest bid with us before you leave the room. We will contact the vendor and ask them for their instructions and contact you if we think that a sale after the auction is negotiable. Alternatively call us in the office after the sale.

www.ddmauctions.co.uk 5

Page 6: DDM Auction Catalogue

AUCTION BACKGROUNDThe popularity and perception of property auctions has changed dramatically over the last 10-15 years in the UK and it now provides a viable method of sale for the traditional homeowner, and investor/developer alike.

In previous years auctions were primarily used to sell problem properties, but with the changes in the property market in the UK, more and more people are looking to sell their property via auction in order to benefit from the maximum price that can be achieved along with the security of a non refundable deposit, and a fixed time scale for exchange and completion.

The auction method of sale provides transparency for both seller and buyer as the sale is in the public domain and the fear of “Gazumping or re-negotiation” is completely removed. There are two types of auction, both offered through DDM, Traditional and the Modern Method. Traditional Auctions have been a popular way to buy and sell property for hundreds of years. However the Modern Method of Auction is a new concept and is unique to the DDM Property Auction in the region. Let’s have a look at the arguments for both.

TRADITIONAL METHOD OF AUCTIONThis is an Unconditional Auction where on acceptance of an offer or on the fall of the hammer the buyer will pay up to a 10% deposit and exchange of contracts is immediate. Both parties are then legally bound to buy and sell. Traditional Auctions are mainly used by the investment market for properties that attract significant interest from professional investors. The residential sector can find it harder to buy through a traditional auction because there is a limited amount of time to put finance in place, meaning many purchases through a traditional auction are generally cash based.

MODERN METHOD OF AUCTIONUnder the Modern Method of Auction, on acceptance of an offer or the fall of the hammer a buyer will place a 5% non-refundable reservation or deposit. They are then given 28 days to exchange contracts and a further 28 days to complete thereafter. This type of auction is aimed at residential buyers and sellers.

Any serious buyer can buy through the Modern Method of Auction because the greater flexibility in terms means that buyers can purchase with finance. In many scenarios the average buyer can have difficulties completing a purchase within the time frames laid out through a Traditional Auction. Through the Modern Method of auction, more viewings means more offers and a higher end sales price.

THE VERDICTWhilst the Traditional Auction is useful for disposing of investment stock to the investment market quickly and efficiently, the residential market requires more than this. The Modern Method offers the ability to maximise the level of interest from a broad range of buyers, in turn creating the best sales price in the current market but still benefiting from the security of a non refundable deposit and a fixed date to move and sell. The Modern Method of Auction provides a safe, quick and secure way to sell your home whilst still achieving the maximum amount possible.

IS MY PROPERTY SUITABLE FOR AUCTION?(Any type of property is suitable for sale by auction).Lots range from traditional residential properties from all price ranges, style and condition, new-build development, tenanted investments, developments sites and all sectors of commercial property. Selling through auction is the preferred method of sale in the USA, Canada, and in main land Europe.

Modern vs TraditionalWhat Is The Difference?

6 [email protected]

Page 7: DDM Auction Catalogue

• Mid terrace property• Three bedrooms• Recent modernisation• Newly fitted kitchen• Newly fitted carpets• Front and rear gardens

• Detached Bungalow• 23’dual aspect lounge• Three bedrooms• Family bathroom• Side conservatory• Detached garage £130,000

• Traditional semi-detached • Lounge/diner & kitchen• Two double bedrooms• Enclosed rear garden• Off road parking• Investor opportunity

13 HEWSONS LANE

£55,000

134 NORTH KELSEY ROAD

• Semi detached house• Three bedrooms• Two reception rooms• Kitchen & utility• Off road parking• Gardens to front & rear £80,000

17 THE CROFTS

• Mid Terrace House• Three Bedrooms• Lounge & dining room• Kitchen• Large bathroom• Located in a popular area

212 LEA ROAD

£79,95063 GILBY ROAD

£45,000

• Detached cottage• Three/four bedrooms• Kitchen/diner• En-suite bathroom• En-suite bathroom• Rear garden

THE WILLOWS, BARTON STREET

£150,000

Online Properties

Start Bid

Start Bid

Start Bid

Start BidStart BidStart Bid

www.ddmauctions.co.uk 7

• Semi detached house• Three bedrooms• Kitchen/diner• Family bathroom• Off street parking• Enclosed garden

• Detached bungalow• Three bedrooms• Family bathroom• Modern kitchen• Private rear garden• Linked garage

• Semi detached bungalow• Three bedrooms• Fitted Kitchen• Luxury bathroom• Off road parking• Good size rear garden £90,000

16 STATION ROAD

• Semi Detached house• Three bedrooms• Modern bathroom• Enclosed rear garden• Off road parking• Requires modernisation £89,950

24 WINGATE ROAD

£120,000

22 CHURCH STREET

£74,950

31 FULFORD CRESCENT

Start BidStart Bid

Start BidStart Bid

• Detached family home• Three bedrooms• Lounge and dining room• Large breakfast kitchen• Single garage• Off road parking

• Detached family home• Three bedrooms• Forward facing lounge• Kitchen with appliances• En-suite bedroom • Family bathroom £135,000

35A PALMER LANE

£124,950

28 BRIGG ROAD

Start BidStart Bid

Page 8: DDM Auction Catalogue

Order of SaleCommencing 7.00pm

5 Beech Garth, Barrow-upon-Humber, North Lincolnshire

145 Haycroft Street, Grimsby, North East Lincolnshire

19 Hop Close Villas, Althorpe, North Lincolnshire,

5 Lyndhurst Avenue, Scartho, North East Lincolnshire

Valley Cottage, East Ravendale, Grimsby, North East Lincolnshire

29 Doncaster Road, Gunness, Scunthorpe, North Lincolnshire

1 Elliston Street, Cleethorpes, North East Lincolnshire

1 Rushtons Way, Hibaldstow, Brigg, North Lincolnshire

110 Park Street, Grimsby, North East Lincolnshire

62 Theaker Avenue, Gainsborough, Lincolnshire

Yuba House, Dam Road, Barton-Upon-Humber, North Lincolnshire

31 King Edward Street, Scunthorpe, North Lincolnshire

49 Ladysmith Road, Grimsby, North East Lincolnshire

42 Mallard Mews, Grimsby, North East Lincolnshire

Keene, College Road, East Halton, North Lincolnshire

238 Burringham Road, Scunthorpe, North Lincolnshire

2 Winslow Grove, Grimsby, North East Lincolnshire

Thorpe House, Cleatham, North Lincolnshire

49 Waterside Road, Barton-Upon-Humber, North Lincolnshire

2 Sedge Close, Barton-Upon-Humber, North Lincolnshire

120 Church Lane, Scunthorpe, North Lincolnshire

44 Main Street, Saxby-All-Saints, Brigg, North Lincolnshire

43 Aylesby Road, Great Coates, North East Lincolnshire

178 Park Street, Grimsby, North East Lincolnshire

47 Normandy Road, Cleethorpes, North East Lincolnshire

25 Prince Phillip Drive, Barton-Upon-Humber, North Lincolnshire

East Wold Chapel Lane, Utterby, Louth, Lincolnshire

£99,950

£35,000

£32,000

£84,950

£150,000

£37,000

£60,000

£134,950

£20,000

£40,000

£199,950

£65,000

£25,000

£29,950

£50,000

£85,000

£35,000

£159,950

£150,000

£75,000

£72,000

£220,000

£60,000

£60,000

£65,000

£125,000

£99,950

1

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DN19 7DR

DN31 2EF

DN17 3HR

DN33 2AW

DN37 0RX

DN15 8TG

DN35 7HS

DN20 9NZ

DN32 7NT

DN21 1RH

DN18 5AS

DN16 1LH

DN32 9EG

DN32 9PW

DN40 3PJ

DN17 2BH

DN34 5JE

DN21 4JW

DN18 5HZ

DN18 5JE

DN15 7HD

DN20 0QB

DN37 9NT

DN32 7NS

DN35 9JE

DN18 6AZ

LN11 0TR

Property Start BidLot Post Code

8 [email protected]

Page 9: DDM Auction Catalogue

129 Welholme Road, Grimsby, North East Lincolnshire

32 Pasture Road, Barton-Upon-Humber, North Lincolnshire

24 Waterworks Street, Gainsborough, Lincolnshire

27 High Street, Belton, Doncaster, South Yorkshire

43 Henry Street, Grimsby, North East Lincolnshire

4 Tamar Drive, New Waltham, Grimsby, North East Lincolnshire

31 Rowland Road, Scunthorpe, North Lincolnshire

12a Priestgate, Barton-Upon-Humber, North Lincolnshire

Glenville, High Street, North Kelsey, Lincolnshire

1 Sluice Road, South Ferriby, North Lincolnshire

5 Laceby Road, Grimsby, North East Lincolnshire

276 Hainton Avenue, Grimsby, North East Lincolnshire

Lindene, Horkstow Road, South Ferriby, North Lincolnshire

£55,000

£45,000

£17,500

£180,000

£32,000

£95,000

£55,000

£49,950

£134,950

£69,950

£140,000

£50,000

£119,950

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40

DN32 0NQ

DN18 5HT

DN21 1LA

DN9 1NJ

DN31 2JA

DN36 4YU

DN16 1SP

DN18 5ET

LN7 6EB

DN18 6JG

DN34 5BH

DN32 9LS

DN18 6HS

Property Start BidLot Post Code

www.ddmauctions.co.uk 9

Page 10: DDM Auction Catalogue

LOT 1

Key Selling Points

LOT 2

DDM auctions are pleased to offer for sale this mid terraced home which is located within close proximity of Grimsby town centre and all amenities. The property requires some modernisation and is considered an excellent investment property. This Upvc double glazed and gas centrally heated property briefly comprises; lobby, lounge, kitchen, bathroom, separate wc, three bedrooms, front yard and rear garden.

145 Haycroft StreetGrimsbyNorth East LincolnshireDN31 2EF

Starting Bid: £35,000Previous List Price: new to marketGrimsby Office: 01472 358671

Key Selling Points • Mid Terraced Home • Three Bedrooms • Lounge • Ground Floor Bathroom • Modernisation required

A spectacular opportunity to acquire a detached family home in Barrow upon Humber. Requires extensive repair and is offered with no upward chain. Briefly comprises of an entrance hall with cloakroom leading to an L shaped lounge/diner with small conservatory off, good sized kitchen with an additional sitting room. To the first floor there are four double bedrooms with a family bathroom.

5 Beech GarthBarrow-upon-HumberNorth Lincolnshire DN19 7DR

Starting Bid: £99,950Previous List Price: new to marketBarton Office: 01652 661166

• Superior residential address • Four Bedrooms • Family Bathroom • Garage and off road parking

10 [email protected]

Page 11: DDM Auction Catalogue

LOT 3

A three bedroom semi detached house situated in the small village of Althorpe close to Scunthorpe and motorway links. Requiring updating and modernisation the property briefly comprises entrance hall with stairs to first floor, forward facing lounge, dining kitchen, three bedrooms and bathroom. The property benefits from part oil fired central heating, uPVC double glazing and gardens to the front and rear.

19 Hop Close VillasAlthorpeNorth LincolnshireDN17 3HR

Starting Bid: £32,000Previous List Price: new to marketScunthorpe Office: 01724 868168

Key Selling Points • Semi Detached House • Three Bedrooms • Forward Facing Lounge • Gardens to the front and rear

LOT 4

DDM auctions are pleased to offer for sale this exceptionally well priced semi detached property located in this popular residential position off Scartho Road. Occupying a generous plot with ample garden space and off road parking this is considered an excellent family home and or investment. Accommodation; entrance hall, lounge, dining room, kitchen, utility, three bedrooms, bathroom, front and rear gardens.

5 Lyndhurst AvenueScarthoNorth East LincolnshireDN33 2AW

Starting Bid: £84,950Previous List Price: new to marketGrimsby Office: 01472 358671

Key Selling Points • Bay Fronted Semi Detached • Three Bedrooms • Two Reception Rooms • Off Road Parking

www.ddmauctions.co.uk 11

Page 12: DDM Auction Catalogue

LOT 5

A cottage style detached bungalow situated within a beautiful rural location on the fringe of the popular village of East Ravendale. Available with vacant possession for ease of purchase the property briefly comprises two reception rooms, kitchen, three bedrooms and bathroom. Having extensive lawned gardens with mature planting and a separate garden plot.

Valley CottageEast Ravendale, GrimsbyNorth East LincolnshireDN37 0RX

Starting Bid: £150,000Previous List Price: new to marketGrimsby Office: 01472 358671

Key Selling Points • Cottage Style Bungalow • Three Bedrooms • Rural Location • Mature Gardens and Further Plot

LOT 6

A three bedroom semi detached house situated on the outskirts of Gunness. Accommodation benefits from uPVC double glazing and central heating and briefly comprises entrance hall with stairs to first floor, lounge, dining room and kitchen. To the first floor there are three bedrooms and a bathroom with white suite. Having ample off road parking and an enclosed rear garden. Internal inspection recommended.

29 Doncaster RoadGunness, ScunthorpeNorth Lincolnshire DN15 8TG

Starting Bid: £37,000Previous List Price: new to marketScunthorpe Office: 01724 868168

Key Selling Points • Semi Detached House • Three Bedrooms • Lounge & Dining Room • Extensive Off Road Parking • Rear Garden

12 [email protected]

Page 13: DDM Auction Catalogue

LOT 8

A substantial detached bungalow with no upward chain. Accommodation includes an entrance hall leading to a dual aspect lounge with gas fire, dining room, double glazed conservatory, breakfast kitchen. The master bedroom has an en-suite shower, and there are a further two double bedrooms and a family bathroom. Additional benefits are off road parking for three cars and a detached single garage.

1 Rushtons WayHibaldstowBrigg, North LincolnshireDN20 9NZ

Starting Bid: £134,950Previous List Price: new to marketBrigg Office: 01652 653 666

Key Selling Points • Detached Bungalow • Three Bedrooms • Single Garage • Parking For Three Cars • Gardens To Four Sides

LOT 7

DDM auctions are pleased to offer for sale this spacious bay fronted semi detached home. Located within easy reach of Cleethorpes town centre and offers scope for improvement and modernisation. Having Upvc double glazed and gas central heating, the accommodation briefly comprises of; entrance hall, lounge, dining room, kitchen, rear lobby, cloakroom, three bedrooms, bathroom, garage, front and rear gardens.

1 Elliston StreetCleethorpesNorth East LincolnshireDN35 7HS

Starting Bid: £60,000Previous List Price: new to marketGrimsby Office: 01472 358671

Key Selling Points • Bay Fronted Semi Detached • Three Bedrooms • Two Reception Rooms • Garage • Modernisation Required

www.ddmauctions.co.uk 13

Page 14: DDM Auction Catalogue

LOT 9

Key Selling Points

LOT 10

Situated in the sought after Uphills area of Gainsborough, the property briefly comprises of entrance hall, lounge and modern dining kitchen with new beech effect units. To the first floor there are three bedrooms and a bathroom with modern white three piece suite. The property benefits from uPVC double glazing and gas central heating. Having gardens to the front and rear. Internal inspection recommended.

62 Theaker AvenueGainsboroughLincolnshireDN21 1RH

Starting Bid: £40,000Previous List Price: new to marketGainsborough Office: 01427 616161

Key Selling Points • Three Bedrooms • Dining Kitchen • Gas Central Heating & Double Glazing • Front and Rear Gardens

A spacious three bedroom first floor flat available with vacant possession. The property is carpeted throughout and briefly comprises of a spacious dining kitchen, good sized lounge, three bedrooms and bathroom. Benefits from uPVC double glazing and gas central heating. This property would make an excellent investor or first time buyer opportunity as it Requires a degree of modernisation.

110 Park StreetGrimsbyNorth East LincolnshireDN32 7NT

Starting Bid: £20,000Previous List Price: new to marketGrimsby Office: 01472 358 671

• First Floor Flat • Three Bedrooms • Good Sized Dining Kitchen • Double Glazing • Gas Central Heating

14 [email protected]

Page 15: DDM Auction Catalogue

LOT 11

Yuba house was originally built for brickyard owners and has fine detailed brickwork. Huge versatility is on offer with this newly restored period property. The property briefly consists of sitting room, dining room, drawing room, conservatory, cellar, large modern kitchen, utility room, four bedrooms, two bathrooms, enclosed private rear garden, garage and outbuildings. Viewing is highly recommended.

Yuba House, Dam RoadBarton-Upon-HumberNorth LincolnshireDN18 5AS

Starting Bid: £199,950Previous List Price: £299,950Barton Office: 01652 636587

Key Selling Points • Detached Property • Four Bedrooms • Conservatory • Private Garden • Garage and Outbuildings

LOT 12

A traditional bay window three bedroom semi detached house requiring some modernisation. Briefly comprising entrance hall with stairs to first floor, lounge diner with uPVC double glazed windows, kitchen, lobby and cloakroom. To the first floor there are three adequate sized bedrooms and a bathroom. Having a low maintenance front garden, ample off road parking space and a lawned rear garden.

31 King Edward StreetScunthorpeNorth LincolnshireDN16 1LH

Starting Bid: £65,000Previous List Price: new to marketScunthorpe Office: 01724 868168

Key Selling Points • Traditional Semi Detached Home • Three Bedrooms • Off Road Parking • Enclosed Rear Garden

www.ddmauctions.co.uk 15

Page 16: DDM Auction Catalogue

LOT 13

LOT 14

DDM auctions are pleased to offer for sale this two bedroom modern end link property close to the town centre and local amenities. The property also benefits from one reception room and one bathroom. The property would be ideal for a first time buyer or investor alike.

42 Mallard MewsGrimsbyNorth East LincolnshireDN32 9PW

Starting Bid: £29,950Previous List Price: new to marketGrimsby Office: 01472 358 671

Key Selling Points • Spacious Mid Terrace • Three Bedrooms • Lounge & Kitchen • Quiet Street Location • Ideal Investment

A two bedroom mid terrace property located on the towns Ladysmith Road. The property requires some minor modernisation in order for it to fulfil its potential. An ideal first time buy and or investment, this uPVC double glazed property comprises entrance hall, lounge, dining room, kitchen, bathroom and two bedrooms. Having a yard to the front and garden to the rear.

49 Ladysmith RoadGrimsbyNorth East Lincolnshire DN32 9EG

Starting Bid: £25,000Previous List Price: new to marketGrimsby Office: 01472 358 671

Key Selling Points • Mid Terrace House • Two Bedrooms • Lounge, Dining Room & Kitchen • uPVC Double Glazing • Rear Garden

16 [email protected]

Page 17: DDM Auction Catalogue

LOT 15

A very well proportioned detached bungalow offered with no upward chain. The property is in need of repair and redecoration and briefly comprises a forward facing lounge, kitchen with built in cupboards and separate cooking area, large utility/potential second sitting room and two double bedrooms, bathroom with three piece suite, extensive off road parking, detached single garage and gardens to the rear.

Starting Bid: £50,000Previous List Price: new to marketBarton Office: 01652 66 11 66

Key Selling Points • Detached Bungalow • Two Double Bedrooms • Extensive Off Road Parking • Single Garage • Rear Garden

LOT 16

A well presented semi detached house briefly comprising of entrance hall, lounge, kitchen diner, study / bedroom three, two further bedrooms and downstairs bathroom. The property also benefits from gas central heating, double glazing, fascias, sofitts and guttering, off-road parking for several vehicles and rear garden. Viewing is highly recommended to appreciate the accommodation on offer.

Starting Bid: £85,000Previous List Price: £114,950Scunthorpe Office: 01724 282 977

Key Selling Points • Semi Detached House • Three Bedrooms • Completely Refurbished • Rear Garden • Off Road Parking

Keene, College RoadEast HaltonNorth Lincolnshire DN40 3PJ

238 Burringham RoadScunthorpeNorth LincolnshireDN17 2BH

www.ddmauctions.co.uk 17

Page 18: DDM Auction Catalogue

A detached period family home in approximately 1 acre grounds including a woodland. The property comprises a dual aspect lounge, separate dining room and kitchen. To the first floor there are four bedrooms together with a family bathroom and a box room. Surrounding the property there are large gardens with mature shrubs and useful stores including a detached garage. A unique family home.

Thorpe HouseCleathamNorth LincolnshireDN21 4JW

Starting Bid: £159,950Previous List Price: new to marketBrigg Office: 01652 653 666

Key Selling Points • Detached Period Family Home • 1 Acre Of Land Including Woodland • Four Bedrooms/Box Room • Garage

LOT 17

A three bedroom semi detached property requiring a degree of modernisation and improvement. The spacious accommodation benefits from majority uPVC double glazed windows and gas central heating. Briefly comprising three bedrooms, large lounge diner, good sized dining kitchen and lean-to. Having gardens to the front and rear and driveway providing off road parking. An excellent investor opportunity.

2 Winslow GroveGrimsbyNorth East LincolnshireDN34 5JE

Starting Bid: £35,000Previous List Price: new to marketGrimsby Office: 01472 358 671

Key Selling Points • Semi Detached Property • Three Bedrooms • Front & Rear Gardens • Off Road Parking • Double Glazing

LOT 18

18 [email protected]

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LOT 19

A rare opportunity to purchase an ideal investment property with potential Retail Unit included situated within Barton upon Humber. The property is currently designed to offer 4 individual flats, including 2 x 2 bed flats and 2 x 1 bed flats. The property is for sale with sitting tenants, thereby offering an investment with immediate financial return. A viewing is advised to fully appreciate the potential this property.

49 Waterside RoadBarton-Upon-HumberNorth LincolnshireDN18 5HZ

Starting Bid: £150,000Previous List Price: new to marketBarton Office: 01652 636587

Key Selling Points • Four Individual Flats • 2 x Two Bed • 2 x One Bed • Rear Courtyard • Potential Investment Opportunity

LOT 20

A two bedroom modern detached bungalow with off road parking and easily maintained gardens. The property briefly comprises of a lounge with patio doors overlooking the rear garden, good sized dining kitchen, two bedrooms and a bathroom with a three piece suite. There is a concrete driveway to the rear of the property and easily maintainable gardens. An excellent retirement or investment property.

2 Sedge CloseBarton-Upon-HumberNorth Lincolnshire DN18 5JE

Starting Bid: £75,000Previous List Price: new to marketBarton Office: 01652 661166

Key Selling Points • Modern Detached Bungalow • Two Bedrooms • Family Bathroom • Off Road Parking • Maintainable Gardens

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Page 20: DDM Auction Catalogue

LOT 21

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A three bedroom semi detached house situated in a well regarded area of Scunthorpe allowing easy access to the town centre and hospital. Having excellent rental potential the property briefly comprises of entrance hallway, lounge diner, kitchen, three bedrooms and bathroom. The property benefits from gas central heating and Upvc double glazing. Off road parking for 2/3 cars and enclosed rear gardens.

120 Church LaneScunthorpeNorth LincolnshireDN15 7HD

Starting Bid: £72,000Previous List Price: new to marketScunthorpe Office: 01724 868168

Key Selling Points • Semi Detached House • Three Bedrooms • Enclosed Gardens and Driveway • uPVC Double Glazing

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An attractive detached cottage on the fringes of Grimsby in the ever popular village of Great Coates. Briefly comprising two bedrooms, cottage style lounge, fitted kitchen and first floor bathroom as well as attached garage. The charming cottage style gardens are a real feature of the property with views of Great Coates village church to the rear. We advise you always have an independent survey before purchasing.

43 Aylesby RoadGreat CoatesNorth East LincolnshireDN37 9NT

Starting Bid: £60,000Previous List Price: £95,000Grimsby Office: 01472 358671

• Charming Cottage • Two Bedrooms • First Floor Bathroom • Attached Garage • Charming Cottage Gardens

LOT 22

44 Main StreetSaxby-All-Saints, BriggNorth LincolnshireDN20 0QB

Starting Bid: £220,000Previous List Price: new to marketBrigg Office: 01652 653 666

Key Selling Points

A large detached cottage with approximately three quarters of an acre of garden and orchard. The property briefly comprises of a rear facing lounge, second sitting room, dining room and kitchen with utility and cloakroom off. The former shop area offers a large study and play room. To the first floor there is a master bedroom with en-suite and a further three bedrooms together with a family bathroom.

• A stunning opportunity to acquire a large detached cottage with three quarters of an acre of garden/orchard

LOT 23

Key Selling Points

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LOT 24

LOT 25

A well presented four bedroom mid terrace house briefly comprising entrance porch to entrance hall with balustrade and spindle staircase, spacious through lounge, dining kitchen with oak effect cabinets, lobby and wc. A split level landing serves two double bedrooms and two single bedrooms together with a good sized bathroom. The property benefits from gas central heating and gardens to the front and rear.

178 Park StreetGrimsbyNorth East LincolnshireDN32 7NS

Starting Bid: £60,000Previous List Price: new to marketGrimsby Office: 01472 358671

Key Selling Points • Spacious Mid Terrace House • Four Bedrooms • Gas Central Heating • Front And Rear Gardens

ATTENTION DEVELOPERS. This is a three bedroomed semi-detached property located in a popular residential area, within one mile of the Town Centre, with its excellent shopping facilities and amenities. The property benefits from uPVC double glazing and electric storage radiators. However, it has been little altered in recent years leaving cope for refurbishment.

47 Normandy RoadCleethorpesNorth East LincolnshireDN35 9JE

Starting Bid: £65,000Previous List Price: £94,950Grimsby Office: 01472 311 113

Key Selling Points • Semi-Detached Property • Three Bedrooms • Front & Rear Gardens • Double Glazing • No Chain

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Page 23: DDM Auction Catalogue

LOT 26

LOT 27

An extremely good sized two bedroom detached chalet style property in an ever popular village location ideal for commuting to Louth and Grimsby. Accommodation briefly comprises fabulous sized lounge, spacious dining kitchen and ground floor bathroom. To the first floor there are two double bedrooms. The property has oil fired central heating and some uPVC double glazing.

East Wold Chapel LaneUtterby LouthLincolnshireLN11 0TR

Starting Bid: £99,950Previous List Price: new to marketGrimsby Office: 01472 358 671

Key Selling Points • Chalet Style Property • Two Double Bedrooms • Spacious Kitchen Diner • Attached Garage

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We are pleased to offer to the market this spacious property located in the quiet cul-de-sac of Prince Philip Drive within the market Town of Barton Upon Humber. The property offers four bedrooms, kitchen, dining room, lounge, conservatory, WC cloaks, family bathroom, ensuite, enclosed rear garden and double garage.

25 Prince Phillip DriveBarton-Upon-HumberNorth LincolnshireDN18 6AZ

Starting Bid: £125,000Previous List Price: £175,000Grimsby Office: 01472 251918

Key Selling Points • Detached House • Four Bedrooms • Conservatory • Double Garage • Enclosed Rear Garden

Page 24: DDM Auction Catalogue

LOT 28

LOT 29

A traditional centre terrace town house priced to reflect the modernisation required. The property briefly comprises of a forward facing lounge, dining kitchen and utility entrance with cloakroom. To the first floor there are two double bedrooms, one of which allows access to the bathroom. The property benefits from gas central heating, uPVC double glazing and a low maintenance garden with timber shed.

32 Pasture RoadBarton-Upon-HumberNorth LincolnshireDN18 5HT

Starting Bid: £45,000Previous List Price: new to marketBarton Office: 01652 661166

Key Selling Points • Traditional centre terrace town house • Two Double Bedrooms • First Floor Bathroom • Double Glazing

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This four bedroom mid-terrace home briefly comprises of entrance hall, living room, sitting room, kitchen-diner, rear lobby and a bathroom to the ground floor, whilst on the first floor, are the four bedrooms and the further bathroom. Fashionably decorated in neutral colours, the property also benefits from upvc double glazing throughout. There are gardens to the front and rear, both mainly laid to lawn.

129 Welholme RoadGrimsbyNorth East LincolnshireDN32 0NQ

Starting Bid: £55,000Previous List Price: new to marketGrimsby Office: 01472 311 113

Key Selling Points • Mide Terrace Property • Four Bedrooms • Front and Rear Gardens • First Time Buyer Opportunity

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LOT 30

An excellent opportunity for first time buyers or investors to purchase a two bedroom mid terrace house. Requiring updating and modernisation throughout, the property briefly comprises forward facing lounge, dining kitchen, two bedrooms and bathroom. Having a small courtyard garden to the rear.

24 Waterworks StreetGainsboroughLincolnshireDN21 1LA

Starting Bid: £17,500Previous List Price: new to marketGainsborough Office: 01427 616161

Key Selling Points

LOT 31

• Terraced House • Two Bedrooms • Forward Facing Lounge • Dining Kitchen • Bathroom • Courtyard

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A good sized three bedroom detached family home situated within extensive lawned gardens in the sought after village of Belton. Requiring modernisation and updating the property briefly comprises lounge, separate dining room, kitchen and utility. To the first floor there are three good sized bedrooms, bathroom and separate wc. Having ample off road parking, two garages and gardens. An excellent development opportunity.

27 High StreetBelton, DoncasterSouth YorkshireDN9 1NJ

Starting Bid: £180,000Previous List Price: new to marketScunthorpe Office: 01724 868 168

Key Selling Points • Detached Family Home With Extensive Gardens • Three Bedrooms • Off Road Parking • Two Garages

Page 26: DDM Auction Catalogue

LOT 32

LOT 33

A nicely presented two bedroom mid terrace house located in a well established residential area with good neighbourhood shops and amenities. The well maintained accommodation briefly comprises lounge, modern kitchen and bathroom and two bedrooms (one double and one single). The property has gas central heating, uPVC double glazing and gardens to front and rear.

43 Henry StreetGrimsbyNorth East LincolnshireDN31 2JA

Starting Bid: £32,000Previous List Price: new to marketGrimsby Office: 01472 358 671

Key Selling Points

Ideal as a retirement bungalow, this is an easily manageable two bedroomed semi-detached home. Immediately available for sale with no chain, it offers accommodation comprising kitchen (electric oven, gas hob and extractor), inner lobby, living room with an attractive living flame effect gas fire, dining room/bedroom two, one further bedroom and a bathroom, fitted with a modern white three-piece suite.

4 Tamar DriveNew Waltham, GrimsbyNorth East LincolnshireDN36 4YU

Starting Bid: £95,000Previous List Price: £127,950Grimsby Office: 01472 311 113

Key Selling Points

• Mid Terrace Property • Two Bedrooms • Modern Kitchen And Bathroom • Front And Rear Gardens

• Semi Detached Bungalow • Three Bedrooms • Easily Maintained Gardens • Double Glazing • No Chain

26 [email protected]

Page 27: DDM Auction Catalogue

LOT 34

A three bedroom semi detached house situated close to Scunthorpe town centre with its good range of amenities. Requiring the installation of a kitchen and bathroom, the neutrally decorated property briefly comprises entrance hall with parquet flooring, two reception rooms and three bedrooms. Having gardens to the front and rear and garage accessed from service road. An excellent investor opportunity.

31 Rowland RoadScunthorpeNorth LincolnshireDN16 1SP

Starting Bid: £55,000Previous List Price: new to market Scunthorpe Office: 01724 868168

Key Selling Points

LOT 35

A surprisingly well proportioned mews cottage offering stylish period accommodation. The ground floor comprises of a forward facing sitting room, a good sized dining kitchen with an excellent range of limed oak effect fronted units. To the first floor, a double bedroom and bathroom with three piece suite and shower over the bath. Offered with the benefit of no upward chain. A rarely available period cottage in Barton.

12a PriestgateBarton-Upon-HumberNorth LincolnshireDN18 5ET

Starting Bid: £49,950Previous List Price: new to marketBarton Office: 01652 661166

Key Selling Points • Cottage In Conservation Area • Double Bedroom • Centre of Barton • Vehicular Right of Access

• Semi Detached House • Three Bedrooms • Kitchen & Bathroom • Front and Rear Gardens • Garage

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Page 28: DDM Auction Catalogue

LOT 36

A unique opportunity to acquire a former pair of cottages, converted into a single dwelling. Prospective purchasers are advised to seek clarification via the local planning authority before legal commitment to purchase. The house briefly comprises three reception rooms, good size utility, shower room and kitchen. To the first, three bedrooms together with a family bathroom with a fourth bedroom/box room off.

Glenville, High StreetNorth KelseyLincolnshireLN7 6EB

Starting Bid: £134,950Previous List Price: new to marketBrigg Office: 01652 653666

Key Selling Points

LOT 37

• Three/Four Bedroom Detached House • Range Of Pantile Outbuildings • Large Plot With Workshop/Stores

28 [email protected]

A well presented traditional semi detached house that has been improved by the owners. Accommodation includes a reception hall, lounge, separate dining room and a kitchen with contemporary units and bathroom with three piece suite in white. To the first floor there are three good sized bedrooms. To the rear of the property there is a detached timber garage and a good sized primarily lawned garden.

1 Sluice RoadSouth FerribyNorth LincolnshireDN18 6JG

Starting Bid: £69,950Previous List Price: new to marketBarton Office: 01652 66 11 66

Key Selling Points • Traditional Semi-Detached • Three Bedrooms • Good Sized Bathroom • Garage • Rear Lawned Garden

Page 29: DDM Auction Catalogue

LOT 38

A spacious four bedroom detached bungalow located in a well regarded residential area close to Grimsby town centre. Accommodation briefly comprises reception hall, lounge with bay window, drawing room with french doors to garden lounge, spacious breakfast kitchen and utility room. The master bedroom has fitted furniture and there are two further double bedrooms and a bathroom with four piece suite.

5 Laceby RoadGrimsbyNorth East LincolnshireDN34 5BH

Starting Bid: £140,000Previous List Price: new to marketGrimsby Office: 01472 358671

Key Selling Points

LOT 39

Substantial period house offering extensive accommodation, with a central heating system (including a wood-burning stove) and double glazing, but it is now in need of some upgrading. The property briefly comprises of an entrance hall, generous through reception room, kitchen/breakfast room with utility area, five bedrooms and shower room. Outside there is a front forecourt, rear garden and garage.

276 Hainton AvenueGrimsbyNorth East LincolnshireDN32 9LS

Starting Bid: £50,000Previous List Price: £85,000Grimsby Office: 01472 251918

Key Selling Points • Period Property • Five Bedrooms • Front Forecourt • Rear Garden • Garage • uPVC Double Glazing

• Detached Bungalow • Four Bedrooms • Large Games Room • Family Bathroom • Gardens and Garage

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LOT 40

The well proportioned four bedroom detached family home briefly includes a broad entrance hall leading via a utility room with side entrance to the breakfast kitchen overlooking the rear garden, separate dining room with patio doors to a uPVC double glazed conservatory. To the first floor there are four bedrooms together with a family bathroom. Single garage with up and over doors to both the front and rear.

Lindene, Horkstow RoadSouth FerribyNorth LincolnshireDN18 6HS

Starting Bid: £119,950Previous List Price: new to marketBarton Office: 01652 661166

Key Selling Points • Detached Family Home • Four Bedrooms • Conservatory • Parking, Garage & Enclosed Rear Garden

30 [email protected]

Let Forrester Boyd take careof all your �nancial needs

Grimsby 01472 350601Louth 01507 606111Scunthorpe 01724 863105

www.forrester-boyd.co.ukAuthorised and regulated by the Financial Services Authority

Page 31: DDM Auction Catalogue

P R O P E R T YA U C T I O N

215+ Viewings85+

42

RESIDENTIALPROPERTIES

ecirPelaStluseRdiBtratSytreporPtoL1 Hart Lane, Winterton 35,000 sold 40,0002 Church Lane, Scunthorpe 79,950 sold 86,0003 Haycro�Street, Grimsby 35,000 available4 High Street, Wooton 129,950 sold 135,0005 Diana Street, Scunthorpe 35,000 sold 36,5006 Wes�eld Road, Barton 48,000 sold 40,0007 Waterworks Street, Gainsborough 17500 sold 23,0008 Sedge Close, Barton 75,000 available9 Yarborough Road, Grimsby 99,000 sold 105,00010 West Grove, Barton 89,950 sold 118,00011 P28, Beverley, Pine Bark. Barton 70,000 available12 Aylesby Road. Grimsby 85,000 available13 Ke�leby Lane, Wrawby, Brigg 95,000 sold 95,00014 Clayden Street, Grimsby 27,500 available15 Palmer Lane, Barton 99,950 sold 110,00016 Doncaster Road, Scunthorpe 50,000 sold 51,50017 11Hewsons Lane, Barton 55,000 sold 63,00018 Picksley Cresc, Holten le Clay 80,000 sold 90,00019 Durban Road, Grimsby 40,000 sold 50,00020 Plot, Brumby Street, Scunthorpe 80,000 sold 100,00021 Gilbey Road, Grimsby 29,950 sold 34,50022 Cadney Road, Howsham 129,950 sold 145,00023 13Hewsons Lane, Barton 55,000 available24 Raymond Road, Scunthorpe 40,000 sold 46,00025 Harpswell Close, Gainsborough 39,950 sold 42,25026 Stanley Street, Grimsby 24,995 sold 27,50027 Lea Road, Gainsborough 35,000 sold 30,00028 P12, Wyke, Pine Park, Barton 59,950 available29 Fields End, Ulceby 99,950 available30 Rushtons Way, Hibaldstow 134,950 available31 Fox Street, Scunthorpe 40,000 sold 40,00032 Thorpe House, Cleatham 159,950 available33 Whitby Drive, Grimsby 70,000 available33a Blyth Court, Grimsby 46,000 sold 48,00034 College Road, East Halton 75,000 sold 85,00035 Monks Road, Scunthorpe 65,000 sold 70,00036 Whi�ield Road, Scunthorpe 115,000 sold 123,00037 P27, Beverley, Pine Bark. Barton 70,000 sold 81,000

000,542esuoHdeeRa73 sold 242,00038 Grammer School Road, Brigg 95,000 available39 Greenwich Close, Scunthorpe 75,000 sold 89,00040 Grammer School Road, Brigg 95,000 available

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North Lincolnshire Property AuctionCatalogue Registration Form

Our catalogue subscription service will guarantee despatch of the full colour catalogue to you on the day of publication. Unlike most auction houses this is a completely free service. If you wish to receive a catalogue please feel free to fill out this form and hand it to a member of staff in the auction room, return by post to DDM Property Auctions or drop into one of our six interlinked branches. Your will receive the catalogue every auction thereafter by your preferred choice.

Please fill out and post, fax or hand deliver to any DDM Property Branch.To find your nearest branch please visit www.ddmauctions.co.uk.

e.g Scunthorpe, Grimsby, Hull

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Please select method of bidding: Proxy Telephone Date of Auction

Card Type

Name on Card

Card No Security No

Issue No Valid From Expiry Date

Lot Number Lot Address

Maximum Bid Price £ (in words)

Registration Form for Proxy or Telephone Bidding

I hereby authorise DDM Auctions to bid on my behalf for the subject property listed, be that by telephone or by proxy. I confirm that I have read and understand the terms and conditions included in the auction catalogue.

2

1

3

4

Bid

Full Name(s)

Company

Address

Post Code

Telephone(s) (for tel bids) 1 2

Fax e-mail

Buyer’s Details

Solicitors Full Name(s)

Company

Address

Post Code

Telephone e-mail

Signature Buyer’s Signature

I understand that if my bid is successful that a Buyer’s Premium of 5% subject to a minimum of £5,000 plus Valued Added Tax is payable. The Buyers Premium is calculated against the final negotiated selling price and is not considered as part payment of the final negotiated selling price. The Buyers Premium is received on a non-refundable basis and is held as a reservation for the subject property and will be forfeited if formal contracts are not exchanged within twenty-eight days of the date here of. Should the seller default for any reason the Buyers Premium is refundable to the purchaser. The buyers declare that the information and conditions contained in the Auction Catalogue are understood and accepted.

5Payment I authorise a payment for the buyers premium to be taken from my bank account listed below:

Please select method of bidding: Proxy Telephone

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Conditional Auction Terms & Conditions

1.

2.

3.

a)

b)

c)

To immediately instruct Solicitors to issue the Contract for Sale and accompanying papers to the Buyer’s Solicitors and to answer promptly all enquiries raised, respond promptly to any amendments to the Contract for Sale and to do all other work reasonably required to enable Contracts for the sale to be exchanged within the 28 day period.

To supply the Seller’s Solicitors with all documentation, information and authority to enable the Seller’s Solicitors to draft and negotiate the Contract for Sale and do all the work necessary to enable Contacts to be exchanged within the 28 day period.

To give access to the Property as may reasonably be required by any surveyor or valuer appointed by the Buyer or the Mortgagee for the purpose of surveying and/or valuing the Property.

Not to send, instruct or allow anyone else to send any Sale Contract or details of the title of the Property to anyone other than the Buyer’s Solicitors.

Not to give access to any other person to view the Property nor to negotiate or agree with anyone other than the Buyer any terms for sale of the Property.

The Buyer undertakes within two days following the auction or acceptance of the offer.

(i)

(ii)

(iii)

(iv)

(v)

(vi)

The Buyer and Seller agree to use their best endeavours to proceed to a formal exchange of legal contracts within 28 days. The time limit will expire at 17.00 hours on the 28th day following the date of the auction or acceptance of an offer if sold pre or post auction. A non-refundable reservation fee and/or arrangement fee must be paid by the Buyer immediately following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the Auctioneer who will issue an Acknowledgement of Reservation.

Following the auction and in the 28 day period following the auction or acceptance of the offer (whichever is the later), the Seller agrees as follows:-

If the Buyer shall require a mortgage loan in connection with the purchase of the Property, he or she shall apply to such building society, bank or other prospective lender (“the Mortgagee”) as may reasonably be expected to lend the required loan to the Buyer and the Buyer shall complete such application forms and pay such fees as the Mortgagee shall require in order to process the Buyer’s application as soon as possible

If the Buyer or Mortgagee shall require the Property to be surveyed and/or valued, the Buyer will use all reasonable endeavours to arrange for the survey and/or valuation inspection to take place as soon as reasonably practicable.

To instruct Solicitors to investigate title to the property, negotiate the draft Contract for Sale, raise enquiries of the Seller and any third parties about the Property and do any other work required to enable Contracts to be exchanged within the 28 day period.

On the Auctioneer receiving an acceptable bid or when an offer is accepted pre or post auction, the following terms and conditions apply:

It is hereby agreed between the parties as follows:

The Seller has entered into the Agreement because the Buyer has given certain commitments as herein mentioned, if the Buyer fails to comply with them strictly in accordance with the timetable this Agreement shall immediately lapse.

If the Buyer decides not to proceed with the transaction as negotiated he or she shall immediately inform the Seller whereupon this Agreement will lapse. In this event, any reservation fee is deemed non refundable.

If the Seller decides not to proceed with the transaction as negotiated, he or she shall immediately inform the Buyer whereupon this Agreement will lapse and any reservation fee or arrangement fee paid by the Buyer to the Auctioneer will be reimbursed to the Buyer.

This Agreement is an independent Contract and does not bind the Seller or the Buyer to the transaction.

the Seller and the Buyer are entering into this Agreement in good faith and relying on its terms.

a)

b)

c)

d)

e)

(vii)

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www.ddmauctions.co.uke:[email protected]

Chapel LaneBarton

DN18 5PJt: 01652 661166f: 01652 661167

9 Church StreetGainsboroughDN21 2JJt: 01427 616161f: 01427 616162

23 Osborne StreetGrimsbyDN31 1EYt: 01472 358671f: 01472 360095

46 Oswald RoadScunthorpeDN15 7PQt: 01724 868168f: 01724 870871

72 Wrawby StreetBrigg

DN20 8JEt: 01652 653666f: 01652 653655

41a High StreetCleethorpes

DN35 8JYt: 01472 605550f: 01472 605551