*ONLINE Unconditional Auction Opening 12 May 2025*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire
Description
Situation:
The property is situated on Burton Street, Gainsborough a convenient location of the town, close to the town centre and its wealth of facilities and amenities, along with Marshall Yard retail and leisure complex. The town centre is currently undergoing a comprehensive scheme of improvement and investment in the area is significantly increasing.
Description:
A traditionally constructed, 3 storey, 3 bedroom mid terrace house, offered for sale with the benefit of gas boiler, double glazing and well proportioned and versatile living accommodation. This property would appeal to both investors and developers alike, along with owner occupiers. The property is located in an area of high rental demand, and finished to a good standard could command circa £695pcm (£8340 per annum). There would also be the possibility of converting to a HMO (Subject to Planning), with potential income of over £20,000 per annum.
Accommodation Ground Floor:
Lounge
Dining Room
Kitchen
Rear Lobby
Family Bathroom
First Floor:
Bedroom 1
Bedroom 2
Second Floor:
Bedroom 3
Outside:
Buffer garden to the front and enclosed courtyard garden to the rear.
Agent Note
This property is for sale on behalf of a person connected to this Auctioneer
Material Information
Tenure:
The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.
Council Tax:
The property falls within West Lindsey 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. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
EPC Rating
E
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 £1,200 inc VAT payable on the fall of the virtual gavel.
Administration Charge
Non-refundable £1,200 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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- 3 Bedrooms
- Unconditional (Immediate Exchange)
Call the team on 01427 616436 for more information
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