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48 North Parade, Grantham, NG31 8AN

Lot no: 111 Sold Prior to Auction
 

Guide Price £146,000 plus fees

Conditional with Reservation FeeOn the fall of the hammer, the successful bidder will enter into a Reservation Agreement with the seller and be granted an exclusivity period of 60 days to purchase the property (unless the Special Conditions of Sale specify a different timescale). The successful bidder must use the exclusivity period to proceed to exchange of contracts and complete the purchase. On the fall of the hammer, the successful bidder must immediately pay a non-refundable Reservation Fee of 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 Reservation Fee is subject to a minimum of £6,000.

Friday 18th December 2020

10.30am
Key Features
  • Mid Terrace Property
  • Two Reception Rooms
  • Kitchen, Utility/WC and Cellar
  • Four Double Bedrooms
  • EPC Rating: E
  • Enclosed Rear Garden with Outbuildings
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Sold Prior to Auction

Terraced House

Property Description:

A substantial three storey bay fronted terraced house within
the Conservation Area and within easy walking distance of
the town centre and associated amenities. The property
offers accommodation of considerable character, retaining
many of its original fireplaces, having internal stripped and
waxed pine doors and is arranged over three floors. In brief
it comprises sitting room, cellar, dining room, kitchen,
utility/WC, four bedrooms and a first floor bathroom/WC.
There is an enclosed rear garden with rear vehicular access
and space to erect a garage if required and subject to
obtaining any necessary consents. The property is offered
for sale with early vacant possession and will suit those
seeking a spacious family home with some scope for further
improvement.

SITTING ROOM 12'3" x 10'10" plus bay (3.73m x 3.30m plus bay)

Having entrance door with diamond light above, bay window, cast iron fireplace with brick hearth and pine surround, arched alcoves with shelving. A small lobby leads through to the dining room.

SMALL LOBBY

With stairs down to the cellar.

DINING ROOM 14'1" x 12'2" (4.29m x 3.71m)

Having window to rear elevation, cast iron fireplace with attractive tiled inserts, mahogany surround, brick hearth and fitted coal effect gas fire within, stone flagged floor, wall lights, radiator.

KITCHEN 16'5" x 7'2" maximum (5.00m x 2.18m maximum)

Having a range of bespoke pine fitted cupboards, stainless steel sink and drainer, tiled splashbacks, integrated double oven and gas 4‐ring hob, Ideal gas fired boiler, tiled splashbacks, windows to side
aspect, door to garden and space for appliances.

LOBBY

With plumbing for dishwasher.

UTILITY / WC 8'1" x 6'0" (2.46m x 1.83m)

Having stainless steel sink and drainer, base cupboards, space and plumbing for washing machine, tiled splashbacks and radiator.

CELLAR 11'7" maximum x 10'10" ( 3.53m maximum x 3.30m)

Having sealed brick floor, brick fireplace, meter cupboard, under stairs cupboard.

FIRST FLOOR LANDING

With stairs rising to the second floor, space for wardrobe, radiator.

BEDROOM ONE 12'4" x 11'0" plus bay (3.76m x 3.35m plus bay)

With secondary double glazed window to front elevation, built‐in wardrobe, cast iron fireplace and radiator.

BEDROOM TWO 11'2" x 9'2" (3.40m x 2.79m)

With window to the rear elevation, cast iron fireplace, radiator, pedestal wash handbasin, built‐in understairs cupboard and tiled splashbacks.

BATHROOM 11'7" x 7'5" (3.53m x 2.26m)

With window to rear elevation, a white suite comprising panelled bath with tiled surround, pedestal wash handbasin with tiled splashbacks, low level WC and bidet, separate shower cubicle, airing cupboard housing hot water cylinder with electric
immersion heater, radiator and extractor.

SECOND FLOOR
BEDROOM THREE 13'11" x 12'4" (4.24m x 3.76m)

With secondary double glazed window to the front aspect, fitted cupboard and shelves, radiator.

BEDROOM FOUR 12'4" x 11'2" (3.76m x 3.40m)

With window to rear elevation, built‐in wardrobe, radiator, fitted cupboard and shelves, pedestal wash handbasin with tile splashback.

OUTSIDE

The property has vehicular access from the rear and locking double gates open to the garden offering the possibility of off‐road parking and possibile erection of a garage subject to any necessary permissions being obtained. There is a brick OUTBUILDING, a blue brick yard, outside cold water tap and raised seating area. A brand new six foot overlap fence has been erected for the whole length of the garden

Tenure:

See Legal Pack.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

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

Auction Fees:
The following non- refundable auctioneers fee applies:
• Reservation 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.