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84 North Gate, Newark NG24 1HF

Lot no: 102 Postponed
 

Guide Price £82,000+ 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 27th April 2023

10.00am
Key Features
  • Three bedroom mature cottage
  • Situated close to Newark Town Centre
  • Ideal investment opportunity
  • EPC Rating: D
  • Council Tax Band: B
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Postponed

Cottage

Property Description:

Three bedroom mature cottage situated close to Newark Town Centre, train station and A1/A46 road networks. The property requires upgrading, however benefits from gas central heating and UPVC double glazing. Excellent buy to let investment opportunity.

Ground Floor:
Kitchen

14ft x 12ft 5. Range of wall mounted and base units, working surfaces, breakfast bar area, single drainer sink, 4 ring gas hob, electric oven, extractor hood over, plumbing for washing machine, laminated wood flooring, beamed ceiling, radiator, UPC double glazed door, UPVC double glazed window.

Lounge

14ft x 12ft. Feature fireplace, beamed ceiling, radiator, UPVC double glazed window.

Dining Room/Office

14ft 5 x 6ft 9. Beamed ceiling, UPVC double glazed french doors.

First Floor:
Bedroom One

14ft 9 x 11ft 5. Radiator, UPVC Double glazed window.

Bedroom Two

14ft 8 x 6ft 10. Radiator, UPVC double glazed window.

Bedroom Three

10ft 5 x 6ft 6 Max into recess. UPVC double glazed window.

Bathroom

10ft 3 x 7ft 3. Panelled Bath with built in shower unit and attachment, pedestal wash hand basin, low flush WC, chrome towel rail, fully tiled walls, tiled flooring, obscure UPVC double glazed window.

Outside:

Small courtyard garden.

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 (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.


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 £1074 inc. VAT

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.

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.