UNCONDITIONAL ONLINE AUCTION! (IMMEDIATE EXCHANGE)
Opening 27 March 2023 with a *guide price of £29,000 - £39,000 (plus fees). To register to bid: auctionhouse.co.uk/lincolnshire
Description
The property is situate on Trinity Street, Gainsborough, a popular and central area of this Lincolnshire Market Town within close proximity of the Town Centre and Marshalls Retail and Leisure Complex. The town itself offers a wealth of facilities and amenties along with good access to the surrounding towns of Retford and Scunthorpe and the Citites of Lincoln and Doncaster.
A second floor first bedroom apartment, located in a building comprising of three apartments offering appealing approximate rental returns between 16% and 12% gross yeild Per Annum based on the Guide Price.
Accommodation briefly comprises of an entrance hall, breakfast kitchen, lounge, double bedroom and family bathroom. The property comes equipped with gas central heating and upvc double glazed windows.
Accommodation Door to the communal area with two flights of stairs to apartment door:
Reception Hall:
With a useful store recess, laminate flooring.
Breakfast Kitchen: 3.58m x 2.41m (11'9 x 7'11)
With range of floor and wall units, rolled edge work surface with inset statinless steel single drainer sink unite with tiled splashbacks. Stainless steel oven, 4 ring hob and extractor fan over. Wall mounted central heating boiler. Upvc double glazed window to the rear elevation. Radiator
Lounge: 4.22m x 2.92m (13'10 x 9'7) with UPVC double glazed window to the front elevation. Radiator and laminate flooring.
Bedroom One: 2.92m x 2.18m (9'7 x 7'2) with UPVC double glazed window to the front elevation. Radiator and laminate flooring.
Family Bathroom: with 3 piece suite comprising of a low level wc, pedestal wash hand basin and panel bath with shower over. Chrome finished heated towel rail.
Material Information
Tenure:
The property is believed to be leasehold. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.
Council Tax:
We have been advised that the property falls within West Lindsey District 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 & 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
Council Tax Band
A
Lease Start Date
01/01/1993
Lease Duration
999 years (969 years unexpired)
Annual Ground Rent
£200
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 £1,200 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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- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 01427 616436 for more information
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