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5 bedroom flat for sale

45 A,B,C,D Sidney Street, Grantham, Lincolnshire NG31 8AZ

Guide Price* £225,000

Property Description

Key features

  • A Supurb Investment Opportunity
  • Five Individual Self Contained Flats
  • All Include Kitchen & Bath/Shower Rooms
  • Positioned Within Easy Access of Town Centre
  • EPC Rating: C,D,F
  • All on Separate Meters
  • No Monthly Outgoings for Running Costs
  • Current Annual Income of circa 23,000

Full description

FOR SALE BY CONDITIONAL ONLINE AUCTION
On Behalf of Newton Fallowell

Five Self Contained Flats

FIVE SELF CONTAINED APARTMENTS WITH A HIGH DEMAND AND MINIMAL VACANT PERIODS - The ideal investment opportunity that is located within close proximity to the town centre and transport links. The apartments currently return a net annual income of circa £23,000, and have rarely found difficulty in re-letting should a tenant decide to move on. The accommodation fills an ideal gap of low cost living but independent for those who need a Grantham base. The FIVE apartments all have UPVC double glazing, Kitchens, Living Areas and Bathrooms or Shower Rooms. A viewing is considered essential to fully appreciate the opportunity for an Investment Landlord


Accommodation

Accessed from a communal door with communal staircase rising to a landing with doors off to No's 45a and 45b.


No 45A


Entance Hall

With solid entrance door, smoke alarm and door to:


Living Area 3.58m x 3.15m (11'9" x 10'4")

With UPVc double glazed window to the rear aspect, airing cupboard with hot water tank.


Kitchen 3.00m x 2.13m (9'10" x 7')

With UPVc double glazed window to the rear aspect, roll edge work surface with inset stainless steel sink and drainer, eye and base level cupboards, space and plumbing for washing machine, space for free-standing fridge freezer and space for further under counter appliance, space for cooker.


Bedroom 3.25m x 2.62m (10'8" x 8'7")

With UPVc double glazed window to the front aspect, wall mounted electric radiator and door to built-in double wardrobe.


Bathroom 1.63m x 1.52m (5'4" x 5')

With sliding entry door, fully tiled walls, integrated extractor fan, wall mounted electric fan heater and a 3-piece white suite comprising low level WC, wash handbasin and panelled bath with electric shower over and glazed shower screen.


No 45B

Also accessed from a communal door with communal staircase rising to a landing with doors off to No's 45a and 45b.


Entrance Hall

With smoke alarm. Doorway to:


Kitchen Diner 3.58m x 2.84m (11'9" x 9'4")

With UPVc double glazed window to the rear aspect, wall mounted electric heater, work surface, stainless steel sink and drainer, eye and base level cupboards, space and plumbing for washing machine, space for free-standing fridge freezer and airing cupboard housing hot water tank and shelving.


Living Room/Bedroom 3.35m x 2.90m (11'0" x 9'6")

With UPVc double glazed window to the front aspect, wall mounted electric radiator.


Bathroom 1.78m x 1.60m (5'10" x 5'3")

With sliding door from the hallway, ceramic tiled floor, integrated extractor fan, wall mounted electric fan heater, shaving light with integrated shaving socket and a 3-piece white suite comprising low level WC, wash handbasin and panelled bath with electric shower over and glazed shower screen.


No 45C

With steps up from the communal courtyard.


Kitchen 1.75m x 1.55m (5'9" x 5'1")

With UPVc half double glazed entrance door, roll edge work surface with inset stainless steel sink and drainer, eye and base level cupboards, space and plumbing for washing machine, space for free-standing fridge freezer or fridge, smoke alarm. Door to:


Living Room 3.18m x 2.13m (10'5" x 7')

With UPVc double glazed window to the front aspect, electric wall mounted heater and door to:


Bedroom 3.18m x 2.21m (10'5" x 7'3")

With UPVc double glazed window to the front aspect, wall mounted electric radiator and smoke alarm.


Shower Room 1.83m x 1.47m (6' x 4'10")

With Velux double glazed window to the roofline, ceramic tiled floor, wall mounted electric fan heater, integrated extractor fan and a 3-piece white suite comprising low level WC, wash handbasin and a fully tiled corner shower cubicle with electric shower within and sliding glazed shower screen.


No 45D

Access by own private front entrance door to:


Entrance Hall

With smoke alarm. Door to:


Living Room 3.63m x 3.61m (11'11" x 10'10")

With UPVc double glazed window to the rear aspect, wall mounted electric radiator, decorative stone fireplace with surround, airing cupboard with hot water tank and shelving. Door to:


Kitchen 2.44m x 2.13m (8' x 7')

With UPVc double glazed window to the side aspect, ceramic tiled floor, roll edge work surface with inset stainless steel sink and drainer, eye and base level cupboards, space and plumbing for washing machine, under counter space for fridge or additional appliance, free-standing space for cooker or fridge freezer.


Bedroom 3.23m x 2.54m (10'7" x 8'4")

With UPVc double glazed window to the front aspect, wall mounted electric radiator.


Bathroom 1.65m x 1.60m (5'5" x 5'3")

With wall mounted electric fan heater, ceramic tiled flooring, majority tiled walls, integrated extractor fan and a 3-piece white suite comprising low level WC, wash handbasin and panelled bath with electric shower over.


No 45

Access from the communal courtyard through a half obscure UPVc double glazed entrance door. (No. 45 is fitted with a built-in sprinkler system).


Entrance Hall

With smoke alarm. Door to:


Kitchen 2.77m x 2.'1" x 6'10")

With UPVc double glazed window overlooking the communal courtyard, roll edge work surface, inset stainless steel sink and drainer with high rise mixer tap over, eye ad base level cupboards, space and plumbing for washing machine, space for free-standing cooker, under counter space for fridge, wall mounted electric bar heater and smoke alarm.


Living Room 3.89m x 3.33m (12'9" x 10'11")

With UPVc double glazed window overlooking the courtyard, wall mounted electric radiator, exposed brick feature fireplace with quarry tiled hearth and mounted plasma style fan assisted electric fire, meter cupboard with consumer unit.


Bedroom 3.30m x 2.36m (10'10" x 7'9")

With UPVc double glazed window overlooking the communal courtyard, wall mounted electric radiator.


Shower Room 2.08m x 1.22m (6'10" x 4')

With ceramic tiled floor, wall mounted electric fan heater, shaving light with integrated socket, integrated extractor fan and 3-piece suite comprising low level WC, wash handbasin and a mermaid boarded shower cubicle with electric shower within.


Outside

There is a communal courtyard.


Tenure
See Legal Pack

Conditions of Sale

The Conditions of Sale will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.


*Start Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.


Viewing Details

By arrangement with the auctioneer 0345 319 2162 or can be booked online www.sdlauctions.co.uk/online-auctions


Energy Performance Certificates

EPCs can be viewed in full on our website www.sdlauctions.co.uk on the sales details page or in the legal pack.


Conditional Online Auction Procedure

Every online bidder on SDL Auctions must first create an account at www.sdlauctions.co.uk/online-auctions. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If you are the successful bidder, at the end of the specified time period, you’ll enter into a reservation agreement with the seller and have 56 days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 56 day reservation period, the seller is not able to accept other offers.

The sale of each Lot is subject to a reservation fee of 4.8% Inc VAT or 4.2% Inc VAT in London, subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer. This will be specified in the reservation contract.

By placing a bid, you are authorising the auctioneer to sign the reservation agreement on your behalf.

Full terms and conditions are available at www.sdlauctions.co.uk/online-auctions



Listing History

Added on Rightmove:
11 July 2018

Nearest stations

  • Grantham (0.8 mi)
  • Ancaster (6.6 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

SDL Auctions, Nottingham

9 Regan Way, Chilwell, Nottingham, NG9 6RZ

03453 191049 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Grantham (0.8 mi)
  • Ancaster (6.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

SDL Auctions, Nottingham

9 Regan Way, Chilwell, Nottingham, NG9 6RZ

03453 191049 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference gp_partners_1442512_10354. The information displayed about this property comprises a property advertisement. Rightmove.co.uk 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 SDL Auctions, Nottingham. 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 SDL Auctions, Nottingham on 0345 319 1049.


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