Detached bungalow
Excellent investment opportunity.
This detached bungalow is located in the tranquil area of Knaith Park, just a short distance from the historic market town of Gainsborough. The property boasts a very private setting with significant potential for expansion, subject to obtaining planning permissions.
In summary, the property features an entrance hallway with storage, a master bedroom equipped with built-in wardrobes, an additional double bedroom, a family bathroom with a three-piece suite and a separate shower, a kitchen/diner that opens into a spacious lounge with a log burner, and sliding doors leading to a stunning conservatory with a vaulted ceiling that overlooks the garden. Additionally, the kitchen provides access to a utility room with a separate WC and entry to the double garage, which is fitted with an electric roller door and offers ample storage space above.
To the exterior, there is a front lawn, a gated driveway accommodating seven or more vehicles, gated access on both sides of the property, extra coverage for a caravan, and several outbuildings and sheds. The rear garden is generously sized and presents beautiful views.
Knaith Park is a peaceful village located a short drive from Gainsborough, which features excellent local amenities including a supermarket, shops, cafes, bars, and restaurants. A brief drive will also take you to Lincoln, renowned for its iconic cathedral.
These sales details are awaiting vendor approval.
Freehold. Vacant possession upon completion.
- Heating Supply: Double Glazing, Gas Central
- Electric Supply: Solar PV Panels
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Garage, Driveway
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
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 (subject to a minimum of £6,000 inc. VAT).
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.
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