This property is being sold through a modern method of auction, which is a flexible and buyer-friendly approach. The starting bid price is £80,000, plus a reservation fee, and only cash offers will be considered. The property is an unfinished project, and while the buyer does not have to exchange contracts immediately, they will need to do so once the draft contract is received. This method allows for a more relaxed and flexible purchase process, giving buyers more time to consider their options.