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40 Trent Street, Gainsborough, Lincolnshire DN21 1JZ

Lot no: 12 Re-entry to a future auction
 

Guide Price £33,500+ 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.

Tuesday 30th October 2018

11.30am
Key Features
A traditional three bedroomed mid terrace property located on a residential street in Gainsborough
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Re-entry to a future auction

Terraced House

Property Description:

The property is within walking distance of many local amenities and is only a short journey away from Gainsborough town centre which is easily accessible by public transport. The property consists of a lounge, dining room and kitchen on the ground floor with one bedroom and bathroom on the first floor and then an additional two bedrooms in the attic. The property also offers an enclosed garden area to the rear, gas central heating and double glazing throughout. The auctioneers have not inspected the property internally but believe it to comprise -

Ground Floor
Lounge

Double glazed window to the front and radiator.

Inner Hall

Understairs store cupboard.

Dining Room

Double glazed window to the rear, radiator, concealed staircase to the first floor.

Kitchen

Radiator, double glazed window to the side and doorway to the rear

First Floor Landing

Radiator and doors to:

Bedroom One

Double glazed window to the front, radiator and store cupboard

Bathroom
Second Floor Landing
Bedroom Two

Double glazed window to the front and radiator

Bedroom Three

Two double glazed Velux style windows and radiator

Outside

Enclosed rear yard

Tenure:

Freehold. Vacant possession upon completion.


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.