Important Notice - Coronavirus (COVID-19)
  • For Sale By Unconditional Online Auction
  • Guide Price* : £70,000 - £90,000
  • Auction Ended 05/04/2022

225 Ropery Road, Gainsborough, Lincolnshire, DN21 2PD

**INVESTMENT OPPORTUNITY - TWO SELF CONTAINED FLATS**


Description

FOR SALE BY UNCONDITIONAL ONLINE AUCTION! (IMMEDIATE EXCHANGE)
This property will be offered for sale by auction Opening 4th April 2022 with a *guide price of £70,000 - £90,000 (plus fees).



Situation:
The property is situated on Ropery Road, Gainsborough in an established and popular residential area to the North of Gainsborough near to local shops and schools. The market place and the prestigious Marshall’s Yard, Retail, Commercial and Leisure Complex are within about 1.50 miles along with good access to surrounding towns and the City of Lincoln.

Description,
A traditionally constructed property split into two self-contained flats. The first floor flat is currently let and producing £395pcm and the ground floor flat is currently vacant.


Accommodation:

Ground Floor Flat:
Kitchen
Bathroom
Living Room
Bedroom

First Floor:
Kitchen
Bathroom
Living Room
Bedroom

Additional Fees
Buyer's Premium: £1,200.00
Administration Charge: £1,200.00
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Tenure

Freehold

Tenancy

The first floor flat benefits from an Assured Shorthold Tenancy producing £395 per calendar month.

EPC Rating

D

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £70,000 - £90,000
  • Tenure: Freehold
  • 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.