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2 bedroom flat for sale

Allenby Crescent, Fotherby, LN11

Guide Price* £55,000

Property Description

Key features

  • For sale by the modern method of auction
  • Reservation fee chargeable
  • Subject to an undisclosed reserve price
  • Epc rating F
  • Ground floor flat
  • Village location
  • Two bedrooms
  • No upper chain

Full description

This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Midlands Property Auction powered by iam-sold Ltd.

For sale with no upper chain, this two double bedroom property (one with ensuite) has generous size rooms, is located in a popular village a few miles away from the market town of Louth, (public transport links available). Ideally suited as an investment, holiday home or first time purchase. The property has off road parking and the potential to extend the property

Communal Entrance Hall-
Serving the two flats having timber and glazed entrance door and single glazed window unit to the front elevation.

Lounge- 21ft 4 x 13ft 8 (6.51m x 4.18m)
Single glazed window unit to the side elevation, three electric storage heaters and tv aerial point.

Dining Kitchen- 13ft 5 x 9ft 7 excluding recess
Having single glazed window unit to the side elevation, electric twin bar heater, plumbing for automatic washing machine, tiled effect floor, electric cooker (included in sale) base cupboards in a cream finish with drawers above, working surfaces with tiled splashback protection and double drainer stainless steel sink unit with mixer tap above.

Bedroom 1- 13ft x 12ft 3 (3.95m x 3.06m)
Having single glazed window unit to the side elevation and electric night storage heater.

Inner Hall-
Having doors to-

Bedroom 2- 10ft 2 x 9ft 4 (3.10m x 2.84m)
Having single glazed window unit to the side elevation and electric night storage heater.

En-Suite- 6ft 4 x 2ft 9 (1.94m x 0.85m)
Having pedestal wash handbasin, shower tray with redring electric shower, extractor and shower curtain.

Bathroom- 10ft 3 x 4ft 11 (3.17m x 1.53m)
Having single glazed obscured glass window unit to the side elevation, three piece bathroom suite comprising of low level wc, pedestal wash handbasin, panelled bath, electric blow air heater, airing cupboard housing hot water cylinder and immersion.

The property has off an off road parking space and the potential to extend subject to planning permissions and consents.

The tenure is leasehold with a term of 99 years from April 1989.

General Information
Agents Note-
This is a leasehold property. 99 years from 1989, potential buyers should ask their solicitors to check the terms and conditions of the lease, a copy of which is available for inspection at the selling agents office.

Leave Louth on the A16 signposted Grimsby, turn right onto Louth Road signposted Fotherby, turn right again onto Allenby Crescent and the property can be found on the left.

More information from this agent

Listing History

Added on Rightmove:
06 October 2015


Map & Street View

Disclaimer - Property reference 146313. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Nottingham Property Services, Louth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Nottingham Property Services, Louth on 01507 600944.

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