House For Sale £30,000
For sale by online auction on Tuesday, 03 Aug 2021 ending at 13:02
for sale by unconditional online auction! (immediate exchange)
This property will be offered for sale by auction opening 2nd August 2021 with a *guide price of £30,000 - £40,000 (plus fees).
Situation:
The property is situate on Frampton Street, amongst other properties of a similar style, in a popular and central area of this Lincolnshire market town. Gainsborough itself offers a wealth of facilities and amenities including the Marshalls Yard Retail & Leisure complex.
Description:
A traditionally constructed mid terrace house with the benefit of double glazing and gas fired central heating currently tenanted on an AST achieving £325pcm. The property would provide the ideal buy to let investment opportunity, please note that the potential rental value based on current market rates is circa £450pcm (subject to new AST’s etc).
Accommodation:UPVC double glazed entrance door
Lounge: 3.49m x 3.64m
uPVC double glazed window to the front elevation, radiator and laminate flooring.
Kitchen: 3.58m x 3.40m
Fitted kitchen comprising of base, drawer and wall units with complimentary work surfaces, inset stainless steel sink with mixer tap, integrated electric oven, four ring electric hob with extractor over, provision for automatic washing machine, space for fridge freezer. UPVC double glazed door to the rear yard and uPVC double glazed window.
Lobby off Lounge with stairs rising to the first floor:
Bedroom One: 3.65m x 3.15m
uPVC double glazed window to the front elevation and radiator.
Bedroom Two:
2.07m x 1.90m
uPVC double glazed window to the rear elevation and radiator.
Bathroom:
2.75m x 1.31m with recess into doorway
uPVC double glazed window to the rear elevation three-piece bathroom suite comprising of WC pedestal wash hand basin with tiled splashback, panel sided bath with shower over and tiled splash backs, radiator and door giving access into storage area under the attic staircase.
Attic room: 3.45 x 3.02m
Velux window and radiator.
Externally:
To the rear is an enclosed low maintenance yard.
General RemarksPossession
Subject to existing tenancy agreement.
Viewing
Strictly by appointmen
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £480 inc VAT
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
for sale by unconditional online auction! (immediate exchange)
This property will be offered for sale by auction opening 2nd August 2021 with a *guide price of £30,000 - £40,000 (plus fees).
Situation:
The property is situate on Frampton Street, amongst other properties of a similar style, in a popular and central area of this Lincolnshire market town. Gainsborough itself offers a wealth of facilities and amenities including the Marshalls Yard Retail & Leisure complex.
Description:
A traditionally constructed mid terrace house with the benefit of double glazing and gas fired central heating currently tenanted on an AST achieving £325pcm. The property would provide the ideal buy to let investment opportunity, please note that the potential rental value based on current market rates is circa £450pcm (subject to new AST’s etc).
Accommodation:UPVC double glazed entrance door
Lounge: 3.49m x 3.64m
uPVC double glazed window to the front elevation, radiator and laminate flooring.
Kitchen: 3.58m x 3.40m
Fitted kitchen comprising of base, drawer and wall units with complimentary work surfaces, inset stainless steel sink with mixer tap, integrated electric oven, four ring electric hob with extractor over, provision for automatic washing machine, space for fridge freezer. UPVC double glazed door to the rear yard and uPVC double glazed window.
Lobby off Lounge with stairs rising to the first floor:
Bedroom One: 3.65m x 3.15m
uPVC double glazed window to the front elevation and radiator.
Bedroom Two:
2.07m x 1.90m
uPVC double glazed window to the rear elevation and radiator.
Bathroom:
2.75m x 1.31m with recess into doorway
uPVC double glazed window to the rear elevation three-piece bathroom suite comprising of WC pedestal wash hand basin with tiled splashback, panel sided bath with shower over and tiled splash backs, radiator and door giving access into storage area under the attic staircase.
Attic room: 3.45 x 3.02m
Velux window and radiator.
Externally:
To the rear is an enclosed low maintenance yard.
General RemarksPossession
Subject to existing tenancy agreement.
Viewing
Strictly by appointmen
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £480 inc VAT
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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