House For Sale £80,000
*FOR SALE BY MODERN ONLINE AUCTION* *INVESTOR OPPORTUNITY ONLY* We are pleased to welcome this sizeable THREE BEDROOM mid terrace to the market, having a gross rental yield of 6.8% if purchased at the auction guide price. Set over two floors and measuring in excess of 1011 sq ft., the well proportioned living accommodation briefly comprises of porch, entrance hall, ground floor WC, kitchen diner, lounge, rear entrance, first floor landing, master bedroom, two further bedrooms and a family bathroom. Outside sees off road parking for several vehicles, and an enclosed laid to lawn garden and seating area to the rear. The accommodating plot rests in the heart of Gainsborough, boasting easy access to a wealth of amenities, bars, restaurants and educational establishments to include the highly regarded Queen Elizabeth's High School. Gainsborough Lea Road Train Station, is just a brief drive away.Please call the office on[use Contact Agent Button] today to arrange a viewing.
Porch:
Entrance Hall:
Ground Floor WC:
Kitchen Diner: - 15' 10'' x 11' 11'' (4.82m x 3.63m)
Lounge: - 18' 0'' x 10' 4'' (5.48m x 3.15m)
Rear Entrance: - 6' 11'' x 5' 0'' (2.11m x 1.52m)
First Floor Landing:
Master Bedroom: - 13' 8'' x 9' 10'' (4.16m x 2.99m)
Bedroom Two: - 12' 8'' x 8' 7'' (3.86m x 2.61m)
Bedroom Three: - 10' 4'' x 7' 10'' (3.15m x 2.39m)
Family Bathroom: - 9' 1'' x 4' 11'' (2.77m x 1.50m)
Outside:
AUCTIONEER COMMENTS:
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAMSOLD Limited.This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows 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. This being 4.2% of the purchase price including VAT, subject to a minimum of £6000.00 including VAT. The Reservation 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 go through an identification verification process with IAMSOLD and provide proof of how the purchase would be funded.This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation costs of the pack, where it has been provided with IAMSOLD.The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
REFERRAL ARRANGEMENTS:
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer and Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Tenure & Charges:
Tenure: Freehold- Property to be sold with tenant on an Assured Shorthold Tenancy Agreement. Local Authority: West Lindsey District Council
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 of Alexander Jacob Limited and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
Measurements:
These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
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.
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.
Particulars:
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 ALEXANDER JACOB 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.
Council Tax Band: A
Tenure: Freehold
Porch:
Entrance Hall:
Ground Floor WC:
Kitchen Diner: - 15' 10'' x 11' 11'' (4.82m x 3.63m)
Lounge: - 18' 0'' x 10' 4'' (5.48m x 3.15m)
Rear Entrance: - 6' 11'' x 5' 0'' (2.11m x 1.52m)
First Floor Landing:
Master Bedroom: - 13' 8'' x 9' 10'' (4.16m x 2.99m)
Bedroom Two: - 12' 8'' x 8' 7'' (3.86m x 2.61m)
Bedroom Three: - 10' 4'' x 7' 10'' (3.15m x 2.39m)
Family Bathroom: - 9' 1'' x 4' 11'' (2.77m x 1.50m)
Outside:
AUCTIONEER COMMENTS:
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IAMSOLD Limited.This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows 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. This being 4.2% of the purchase price including VAT, subject to a minimum of £6000.00 including VAT. The Reservation 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 go through an identification verification process with IAMSOLD and provide proof of how the purchase would be funded.This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation costs of the pack, where it has been provided with IAMSOLD.The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
REFERRAL ARRANGEMENTS:
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer and Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Tenure & Charges:
Tenure: Freehold- Property to be sold with tenant on an Assured Shorthold Tenancy Agreement. Local Authority: West Lindsey District Council
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 of Alexander Jacob Limited and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
Measurements:
These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
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.
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.
Particulars:
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 ALEXANDER JACOB 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.
Council Tax Band: A
Tenure: Freehold
