High Street, Gainsborough, DN21

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £40,000

POTENTIAL RENTAL OF £475 PCM / POTENTIAL YIELD OF 12.6% / TWO BEDROOM / MID-TERRACE / IDEAL INVESTMENT  / NO ONWARD CHAIN / COUNCIL TAX BAND A / CALL NOW TO VIEW / 

Lounge

4.01m x 3.24m (13'2" x 10'8")

Carpet radiator window, front aspect and door to kitchen

Kitchen

4.01m x 2.43m (13'2" x 8'0")

Fitted kitchen comprising of; wall base units, stainless steel sink with drainer and mixer tap, wall mounted boiler, wood effect vinyl flooring, part tile walls, radiator, stair to first-floor accommodation, extractor fan window to rear aspect, and door to rear garden.

First floor Accommodation

Bedroom One

4.02m x 3.02m (13'2" x 9'11")

Laminate flooring, radiator, and window to front aspect.

Bedroom Two

1.61m x 2.75m (5'3" x 9'0")

Laminate flooring, radiator, and window to rear aspect.

Bathroom

1.83m x 1.42m (6'0" x 4'8")

Shower cubicle with electric shower, hand wash basin, WC, extractor fan, washboard walls, wood effect vinyl flooring and heated towel rail.

Outside

To the rear of the property is a low-maintenance garden with gated access.

Tenure

The tenure of this property is Freehold.

Services

All mains services are available or connected subject to the statutory regulations. We have not tested any heating systems, fixtures, appliances or services.

Local Authority

This property falls within the geographical area of West Lindsey Council - .
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Viewing

By appointment with the Sole Agent Lovelle Estate Agency, telephone .
We recommend prior to making an appointment to view, prospective purchasers discuss any particular points likely to affect their interest in the property with one of our property consultants who have seen the property in order that you do not make a wasted journey.

How to make an offer

If you are interested in this property then it is important that you contact us at your earliest convenience. We will require certain pieces of personal information from you in order to provide a professional service to you and our client. The personal information you have provided to us may be shared with our client, the seller, but it will not be shared with any other third parties without your consent other than stated reasons detailed within our privacy policy. More information on how we hold and process your data is available on our website and you can opt out at any time by simply contacting us.
For any offer you wish to make we will need to establish certain details before negotiation can take place. This is so that our vendor can make an informed choice when negotiating and accepting your offer. You will be asked to provide formal I.D. and address verification, as required under new Money Laundering Legislation.

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You might also have one or two questions for us, such as which solicitor to choose, or which mortgage lender has the best offers available for me. We have a one stop shop to satisfy all of these needs so please ask.

Mortgage and solicitors

Lovelle Estate Agency and our partners provide a range of services to buyers, although you are free to use an alternative provider. If you require a solicitor to handle your purchase and/or sale, we can refer you to one of the panel solicitors we use. We may receive a fee if you use their services. If you need help arranging finance, we can refer you to the Mortgage Advice Bureau who are in-house. We may receive a fee if you use their services.

Energy performance Certificate

A copy of the full Energy Performance Certificate for this property is available upon request unless exempt. Advisory Notes - Please be advised if you are considering purchasing a property for Buy To Let purposes, from 1st April 2018 without an EPC rated E or above it will not be possible to issue a new tenancy, or renew an existing tenancy agreement.

Agents notes

These particulars are for guidance only. Lovelle Estate Agency, their clients and any joint agents give notice that:
They have no authority to give or make representation/warranties regarding the property, or comment on the SERVICES, TENURE and RIGHT OF WAY of any property. These particulars do not form part of any contract and must not be relied upon as statements or representation of fact.
All measurements/areas are approximate. The particulars including photographs and plans are for guidance only and are not necessarily comprehensive.

Auctioneers comments 1

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Auctioneers comments 2

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

Auctioneers comments 3

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers comments 4

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.