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11b High Street, Grantham, Lincolnshire NG31 6PN

Lot no: 10 Sold at Auction for £45,000
 

Guide Price £45,000+ 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 a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 3rd May 2018

11.30am
Key Features
  • One bedroomed two storey property
  • Situated in the centre of Grantham
  • Currently tenanted at £370 per calander month
  • EPC Rating: F
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Sold at Auction for £45,000

Terraced House

Property Description:

A one bedroomed two storey property situated in the centre of Grantham. The accommodation briefly comprises lounge diner, kitchen, landing, bedroom and bathroom. We believe the property is currently tenanted at £370 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 leading to:

Lounge

5.49m x 3.71m
With upvc windows to the front elevation, beams to the ceiling, electric wall heater, television points, power points and stairs to the first floor.

Kitchen

3.73m x 1.75m
With upvc window to the side elevation, fitted with wall and base units, tiled splashbacks, single drainer sink unit, plumbing for washing machine, electric oven and hob with extractor hood over.

First Floor Landing

Having Velux window to the rear, electric wall heater, storage cupboard, access to loft space and power point.

Bathroom

With upvc window to the side elevation, fitted with low level WC, pedestal wash hand basin and bath, part tiled walls, airing cupboard and wall mounted electric heater.

Bedroom

4.17m x 3.18m
Velux window to the front and rear elevations, fitted wardrobe, wall mounted electric heater and power points.

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.