Auction House / Lincolnshire

  • For Sale By Unconditional Online Auction
  • Guide Price* : £60,000+
  • Auction Ended 19/11/2024

54 Ripon Street, Lincoln, Lincolnshire, LN5 7NQ

*ONLINE Unconditional Auction Opening 18 November 2024*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire

Description

Situation:
The property is situate on Ripon Street, Lincoln, a popular and well positioned area of the City, close to a wide range of facilities and amenities, including the University and City centre. Lincoln is a vibrant and popular historic city, and has seen significant growth over the last decade, with the increasingly popular university, and continued development. The City also boasts a well connected rail station and good road access to the surrounding areas.

Description:
A traditionally constructed three bedroom mid terraced house offered for sale in need of a scheme of modernisation and improvement work throughout but benefitting from well proportioned and versatile living accommodation along with double glazing, gas central heating and being in a popular area of the City for both owner occupiers and student let/HMO’s subject to the necessary consent being obtained. The property would potentially generate approximately £20,000 per year under one of those proposed schemes, generating a significant yield.
An internal viewing is a must to appreciate the scope this property offers including potential to add value.

Accommodation Side entrance door into Entrance Hallway, radiator, door to

Sitting Room:
uPVC double glazed bay window to the front elevation, radiator, fireplace.

Dining Room:
Window to the rear elevation, radiator. Further door to

Kitchen:
Range of floor and wall units, complementary rolled edge worksurfaces, stainless steel sink and drainer unit, four ring gas hob with electric oven over, radiator, window to the side elevation. Door to

Rear Entrance Lobby:
With door to the outside, further door to

Family Bathroom:
Low level flush w.c. pedestal wash hand basin, panelled bath with shower fitment over, window to the side elevation.

Stairs rising to the first floor landing, walk in storage cupboard housing the gas boiler, with door to:

Bedroom One:
Window to the rear elevation, radiator, built in wardrobe.

Bedroom Two:
Window to the front elevation, radiator

Bedroom Three:
Window to the front elevation and radiator.

Externally:
The front of the property has a walled buffer garden and to the rear is an enclosed garden area.
Material Information Tenure:
The property is freehold. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.

Council Tax:
The property falls within Lincoln City Council – BAND A

Possession:
Vacant possession will be given upon completion.

Viewing:
Strictly by appointment with Auction House.

Services:
Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor.

These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.

EPC Rating

D

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Buyers Premium

Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel.

Administration Charge

Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel.

Disbursements

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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* Guide | £60,000+
  • 3 Bedrooms
  • Unconditional (Immediate Exchange)

Call the team on 01427 616436 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.