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3 Wellington Mews, East Lindsey, Louth, Lincolnshire LN11 0GH

Lot no: 176 Sold Prior to Auction
 

Guide Price £130,000+ 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 27th April 2023

10.00am
Key Features
  • Two double bedrooms
  • Balcony
  • Views of River Lud
  • EPC Rating: C
  • Council Tax Band: B
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Sold Prior to Auction

Semi-detached house

Property Description:

A spacious mews house situated close to the town centre and enjoying views of the River Lud. The property requires a scheme of refurbishment but benefits from two double bedrooms and French doors opening onto a balcony over looking the river.

Entrance Porch -

With UPVC double glazed front door and window, toilet off and part glazed inner door opening to:

Lounge Diner -

Non uniform shaped room.

Lounge Area - 15ft7 x 12ft9(4.8m x 3.95m)

With Georgian style fireeplace housing flame effect gas fire, laminate flooring, radiator, timber framed double glazed window and UPVC double glazed doors opening to balcony with attractive views overthe River Lud.

Dining Area - 12ft9 x 8ft9(3.95m x 2.72m)

With under stairs cupboard, laminate flooring, UPVC double glazed window and electric consumer unit.

Breakfast Kitchen - 15ft7 x 11ft3(4.8m x 3.47m)

With fitted wall and base cupboards, stainless steel sink and drainer, space for washing machine and dishwashe, roll, top worktops, integrated Zanussi electric oven and Neff gas hob, extractor hood, tiled splashbacks, UPVC double glazed window and Vaillant gas fired central heating Combi boiler.

Stairs to first floor landing -

With UPVC double glazed window.

Bedroom One - 15ft7 x 15ft(4.79m x 4.6m)(maximum)

With radiator, timber framed double glazed window, access to roof<br>space and built-in wardrobe.

Bedroom Two - Measurements extending to 3.45m 15ft7" x 9ft5(4.81m x 2.9m)

With UPVC double glaze window, radiator and built-in wardrobeswith cupboards over.

Bathroom - 9ft x 5ft4(2.76m x 1.67m)

With panel bath and shower over, wash basin, WC, radiator, shaverpoint and UPVC double glazed window

Outside

The garden is mostly block paved and includes raised beds and a small brick store. There is a communal gravel car park, part of which has collapsed into the adjoining River Lud and any new owner will take on the ongoing issue of whose responsibility it is for its reinstatement.

Services

We understand that the property has mains water, electricity, gas and drainage. Gas fired central heating (not tested).

Note

Please be advised that, whilst our joint agent has conducted an inspection, the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Timed Auction 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.


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 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.