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5 Old Mill Park, Louth, Lincolnshire, LN11 0NY

Lot no: 141 Postponed
 

Guide Price £95,000 - £115,000 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 26th October 2023

10.00am
Key Features
  • Three Bedroom Terraced House
  • Allocated Parking
  • Single Garage
  • Convenient Location
  • EPC Rating: C
  • Council Tax Band: B
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Postponed

Terraced House

Property Description:


A spacious three bedroom terraced house which is conveniently situated for Louth town centre and benefits from an allocated parking space as well as a single garage.

Louth is an attractive market town with a population of approximately 17,000 and enjoys a thrice weekly open market, independent shops and national retailers, three supermarkets, leisure centre, two Golf courses, cinema and theatre. The town is positioned on the edge of the Lincolnshire Wolds a designated area of natural beauty and is situated some 25 miles north-east of the city of Lincoln and some 16 miles south of the town of Grimsby.

Accommodation
Front Entrance Porch -

With uPVC double glazed entrance door and side window, built-incloaks cupboard.

Entrance Hall -

With radiator, telephone point and staircase to fi rst floor landing.

Lounge - 14ft 9 x 12ft 9 (4.56m x 3.94m)

With radiator, TV aerial point, uPVC double glazed oriel window,double glazed rear access door.

Breakfast Kitchen - 12ft 7 x 8ft 6 (3.89m x 2.64m)

With fitted wall and base cupboards with white gloss finish, roll top work surfaces, integrated electric oven and gas hob, cooker extractor hood over, tiled splash backs, stainless steel sink and drainer, uPVC double glazed window, Ideal Logic gas-fired central heating boiler and plumbing for washing machine.

Stairs to first floor landing

With access to roof space and built-in laundry cupboard.

Bedroom One - 13ft 7 x 8ft 1 (4.19m x 2.48m)

With built-in wardrobes and cupboards over, radiator, uPVC double glazed oriel window. Maximum depth measurement.

Bedroom Two - 12ft x 8ft 1 (3.66m x 2.47m)

With uPVC double glazed window and radiator.

Bedroom Three - 8ft 4 x 6ft 4 (2.59m x 1.96m)

With radiator and uPVC double glazed window.

Bathroom - 6ft 3 x 5ft 5 (1.94m x 1.68m)

With white suite comprising of panel bath and shower attachment over, wash basin, WC, radiator, part tiled walls, shaver point and uPVC double glazed window. Minimum depth measurement.

Outside -

To the front of the property is a block paved parking space area. The rear garden comprises of an artificial grass lawn area and flowerbed, all enclosed with timber fencing.

Single Garage - 18' x 8'5" (5.5m x 2.6m)

Which forms a block of six garages and has an up and over garage door.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to 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 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 auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers 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 Buyers 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.