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The Old Methodist Chapel, Chapel Lane, North Cockerington, Louth, LN11 7ET

Lot no: 163 Sold Prior to Auction
 

Guide Price £82,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 29th October 2020

10.30am
Key Features
  • Converted Victorian Chapel
  • Beamed Lounge with Brick Open Fireplace
  • Full Fitted Kitchen
  • Two Bedrooms
  • EPC Rating: D
  • In Need of Modernisation
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Sold Prior to Auction

Detached house

Property Description:

This converted former late Victorian Wesleyan Chapel offers an ideal modernisation project and is situated in a small rural village approximately 3 miles north east of Louth.   

Entrance Lobby

With Gothic style entrance door having leaded stain glass style double glazed sealed unit and matching side windows, further window to side elevation, part panelled walls, tiled floor, radiator, glazed double doors to

Lounge

With brick open fireplace, radiators, two Gothic style windows having leaded and stained glass style sealed double glazed units, exposed roof timbers, dado rail, further timber frame double glazed window to side elevation, stairs to first floor.

Kitchen

With fitted wall and base cupboards, 1½  bowl sink and drainer, granite worktops, integrated LPG gas hob, extractor hood, fridge freezer and oven, tiled splashbacks, breakfast bar, tiled floor, cast iron feature fireplace, radiator, timber frame double glazed window, decorative ceiling beams, rear access door opening to lean to porch/greenhouse and further door to a small boiler room having plumbing for automatic washing machine, central heating boiler and radiator.

Shower Room

With semi circular and tiled shower cubical, washbasin, bidet, w/c, part tiled walls, tiled floor, inset mirror, timber framed double glazed window, chrome radiator/heated towel rail, extractor fan.

Bedroom 1

With picture rail, timber framed double glazed window, ceiling beam, exposed floorboards, radiator, built-in cupboard, access to roof space, Gothic style feature opening to staircase.

Bedroom 2

With access to roof space, radiator, timber frame double glazed window.

Outside

To the front of the property the garden is mostly paved with flagstones and includes a space for a small vehicle, metal gates, feature well and pond, path to both sides of the property.  At the rear there is a footpath, timber shed and lean-to rear porch/greenhouse.

Tenure:

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 Variable Fee (England and Wales).

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 fees apply:

  • 5% deposit (subject to a minimum of £5,000)
  • Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

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 Price
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.