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18 Britannia Terrace, Gainsborough, Lincolnshire , DN21 1BL

Lot no: 23.0 Withdrawn Post
 

Guide Price £38,000 plus fees


Thursday 23rd October 2014

12.00am
Key Features
A superb investment property situated close to Gainsborough town centre currently let at £4,200 per annum. The property has undergone a full scheme of improvement to include the fitting of modern kitchen and bathroom.
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Withdrawn Post

Mid-terraced House

Property Description

FOR SALE BY AUCTION: THURSDAY 23RD OCTOBER

AT IPRO STADIUM, DERBY

COMMENCING AT 11.30 AM

A superb investment property situated close to Gainsborough town centre currently let at £4,200 per annum.  The property has undergone a scheme of improvements to include the fitting of modern kitchen and bathroom.

The gas centrally heated and PVC double glazed accommodation comprises

Front Reception Room 12'11" x 10'11"

With PVC double glazed window to the front elevation and central heating radiator.

Kitchen 11' x 13'5"

Fitted with a range of wall and base units comprising cupboards, drawers and work surfaces incorporating a stainless steel sink unit, integrated oven and hob with extractor unit over, space for further kitchen appliances, PVC double glazed window to the rear elevation and PVC double glazed door.

First Floor Landing

With doors off to bedrooms and bathroom.

Bedroom One 10'11" x 13'5"

With PVC double glazed window to the front elevation and central heating radiator.

Bedroom Two 9' x 10'10"

With PVC double glazed window to the rear elevation and central heating radiator.

Bathroom

With a white three piece suite comprising panelled bath, pedestal basin, low flush wc, central heating radiator and PVC double glazed window incorporating an opaque glazed unit.

Outside

To the rear of the property there is an enclosed yard.

Vendors Solicitor/Licensed Conveyancer

Nelsons, Sterne House, Lodge Lane, Derby  DE1 3WD – telephone 01332-372372

Tenancy Details

The property is let on an assured shorthold agreement at a rent of £350 per calendar month (£4,200 per annum)

Tenure

Freehold. Subject to tenancy.

Conditions Of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not.  Any questions relating to them must be raised prior to 11.30 am.  Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Note

Prospective purchasers will need to register within the auction room before the sale commences.  Two items of identity will be required together with an indication of how a contractual deposit will be paid.  We do not take cash deposits.

The sale of each lot is subject to a buyers contract handling fee of £750 (inc VAT) payable on the fall of the hammer.

*Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction. For a full definition of Guide Price and Reserve Price go to www.grahampennyauctions.com/glossary

FOR EPC'S AND LEGALS PLEASE SEE THE WEBSITE

WWW.GRAHAMPENNY.COM

Feature 1

SUPERB RESIDENTIAL INVESTMENT PROPERTY

Feature 2

PVC double glazed, gas centrally heated accommodation

Feature 3

Modern kitchen and bathroom

Feature 4

Close to town centre

Feature 5

Currently let at £4,200 per annum

Feature 6

EPC Rating : D

Tenure: