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11c High Street, Grantham, Lincolnshire NG31 6PN

Lot no: 9 Sold at Auction for £50,000
 

Guide Price £50,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 3rd May 2018

11.30am
Key Features
  • Two bedroomed two storey house
  • Situated in the centre of Grantham
  • Currently tenanted at £400 per calander month
  • EPC Rating: E
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Sold at Auction for £50,000

Terraced House

Property Description:

A two bedroomed two storey property situated in the centre of Grantham. The accommodation briefly comprises lounge diner, kitchen, landing, two bedrooms and bathroom. We believe the property is currently tenanted at £400 per calander month.

Grantham boasts a wealth of amenities such as health, leisure and shopping. Situated with easy access to the A1 and direct train network to London Kings Cross in just over an hour.

The auctioneers have not inspected the property, but believe it to comprise:

Ground Floor

Main entrance door giving access to:

Lounge

5.97m max x 4.01m max
With upvc windows to the front elevation, brick fireplace, television point, storage cupboard, electric storage heater and under stairs cupboard.

Kitchen

4.39m x 2.59m
With upvc window to the front elevation, electric storage heater, being fitted with a range of both wall and base units, single drainer stainless steel sink inset to roll edge work surface, tiled splashbacks, electric oven and hob with extractor over.

First Floor Landing

Having Velux window to the rear and electric wall heater

Bedroom One

With upvc windows to the side elevation, range of fitted wardrobes and electric wall heater.

Bedroom Two

3.30m x 2.03m
With upvc window to the front elevation and electric wall heater.

Bathroom

With upvc window to the front elevation, being fitted with pedestal wash hand basin, low level WC, panelled bath, tiled splashbacks, electric wall heater, loft access, airing cupboard and extractor fan.

Tenure:

Freehold. Subject to tenancy.



Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.