A sale in execution (SIE) is a legal process whereby properties are sold at a public auction by the local sheriff (appointed as an officer of the court) on instruction by an execution creditor (usually a bank) to the highest bidder at the fall of the hammer. An SIE represents a final outcome as it is not subject either to the seller's or the bank's approval.
Calling Investors to make an offer !!!!!
This safe and secured freehold home is definitely a worthwhile investment home in this well-kept Lanzerote complex of NorthRiding.
The property is in need of TLC and will be ideal for an investor to flip / a fixer-upper looking at buying for investment.
Entering this home you are caught by high rise ceiling and it offers:
-2 nice size Bedrooms
-2 Bathrooms
-2 Living Rooms
-Kitchen with breakfast nook
-Separate scullery with double sink, laundry area with space for 2 appliances and additional storage cupboards
-Covered Carport Parking
There is a sundeck on the roof with a braai area for lovely summer days.
The privately walled big yard with greenery allows for add-ons such as a pool, and garden planting whilst it is awesomely pet-friendly
The complex is well-located on a quiet road, 24/7 secured, and fiber-ready, with a kids'' communal play area
NB: You are allowed to extend the property to add a 3rd bedroom going up if you need an extension to add another room.
Contact me to Book your private viewing.