We are delighted to offer for sale this spacious three bedroom semi-detached property situated in the ever popular town of Gainsborough. The property enjoys being close to local amenities including shops, school, surgeries as well as the fashionable Marshall’s Yard Complex. Gainsborough has fantastic connecting links to neighbouring towns and villages by both road and rail with good bus services running throughout the town. This property is an ideal first time buyer property or investment opportunity for a landlord looking to expand his/her property portfolio. The home comprises a generous lounge leading through to a dining room which is open plan to the kitchen, a spacious ground floor bath is accessed via a rear porch area, with three well proportioned bedrooms to the first floor and separate w.c. The property has a low maintenance courtyard to the rear of the property. We invite all enquires and look forward to discussing this property with you soon!!
*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 auction, which is powered by IAM Sold.
This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.
ACCESS TO THE PROPERTY The home is approached through a secure door with obscure glazing, leading into a bright and welcoming lounge. LOUNGE 11' 2" x 12' 3" (3.395m x 3.738m) A generous reception room with a front aspect window and wall mounted radiator. Archway leads through to the dining room. DINING ROOM 11' 2" x 11' 3" (3.405m x 3.427m) Walking though to the dining room with a useful understairs storage cupboard as you enter. This is another good size room with a window to the rear aspect and wall mounted radiator beneath. Continuing through with the open plan living a further archway opens through to the kitchen, and door gives access to the staircase to the first floor accommodation. KITCHEN 6' 9" x 8' 7" (2.06m x 2.62m) Another well proportioned room, featuring a range of white wall and base units with a wood effect counter top with integrated stainless steel sink unit and drainer complete with a side aspect window above, allowing the room to be well lit with natural light. Plenty of space has been provided for essential white goods. REAR PORCH Having door giving access into the ground floor bathroom along with a secure double glazed door giving access out to the rear garden. GROUND FLOOR BATHROOM 9' 0" x 6' 5" (2.753m x 1.958m) A fantastic space being partially tiled and comprising; hand wash basin, low flush w.c. and panel enclosed bath with overhead shower and screen. The room has an obscure double glazed window to the side aspect. FIRST FLOOR ACCOMMODATION MASTER BEDROOM 11' 3" x 12' 2" (3.423m x 3.715m) Found to the front of the home, this generous double bedroom has plenty of space for essential bedroom furniture, with a front aspect window and wall mounted radiator. The bedroom boasts the feature of the original fireplace in situ, as well as a useful storage cupboard. BEDROOM TWO 11' 3" x 8' 1" (3.424m x 2.454m) A good size double bedroom found to the rear of the home with a window to the rear aspect and wall mounted radiator. SEPARATE W.C. 2' 1" x 3' 10" (0.627m x 1.169m) A useful addition to this property, having a side aspect window and comprising; low flush w.c. BEDROOM THREE 10' 10" x 6' 10" (3.314m x 2.095m) A generous single bedroom being dual aspect having windows to both the rear and side aspects, along with a wall mounted radiator. This bedroom houses a useful storage cupboard as well as the boiler servicing the property. EXTERNALLY To the rear the property has a fully paved courtyard providing an essential outdoor space but being easy to maintain.
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This property is sold subject to payment of a non-refundable reservation fee of 4.2% to a minimum of £6,000.00 including VAT.
Any successful purchaser will pay this to secure the sale. The reservation fee is in addition to the purchase price. Please take this into account when bidding.
A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.
This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavours must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor.
A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 28 day period following the auction or the date of acceptance of the offer.
If the Buyer Information Pack has been produced and provided by iamsold any successful purchaser will be required to pay £300.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
For further information or to speak to one of our team, please call 01724 781 351.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.