Bungalow
A well proportioned bungalow suitable for a first time buyer or investor, ideally located just a short walk from Grantham town centre.
The property in brief comprises lounge/diner, fitted kitchen, two bedrooms and shower room. Outside there is a low maintenance garden driveway with parking for one vehicle.The kitchen has recently been extended to include a generous lounge/diner which features increased insulation and has the benefit of double glazing.
We have been informed by the vendor that they have in the past made enquiries with building control and the foundations are in place for the potential to create a two storey building subject to planning.
The auctioneers have not inspected the property but believe it to comprise:
Entered through double doors, two windows to front and window through to kitchen.
Comprises base and eye level units, plumbing for dishwasher and washing machine, space for tumble dryer, integrated oven, induction hob and extractor fan, sink with instant hot water tap, laminate flooring, storage cupboard.
With window to front and oil filled electric radiator.
With window to front.
With Wc, wash hand basin with instant hot water tap, electric shower system, obscured window to side and built-in storage.
Gated entrance. Garden area to front with artificial grass, block paved areas and a new storage shed. Driveway with dropped kerb and parking for one vehicle.
Freehold.
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.
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