Standout Features
- For Sale Modern Method Auction
- Buyer Options Available
- Gross Yield Approaching 8%
- Two Bedroom
- Lounge
- Open Plan Dining Room
- Freehold
- Council Tax Band A
- EPC Rating E
Property Description
This ready to go buy to let investment opportunity is offered for sale with the benefit of an ongoing tenancy of in excess of 10 years giving peace of mind to the new landlord. With gross rental yields approaching 8% this is a property that will no doubt attract attention. Accommodation briefly comprises of a lounge with open plan dining room, kitchen, downstairs shower room, 2 first floor bedrooms and an additional attic room. The property comes equipped with gas central heating and upvc double glazing.
his property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
UPVC DOORWAY TO THE
LOUNGE. 11' 1" x 9' 10" (3.38m x 3m) Upvc double glazed window to the front elevation. Radiator.
OPEN PLAN DINING ROOM. 14' 3" x 9' 1" (4.34m x 2.77m) Concealed staircase to the 1st floor. Useful store cupboard. Upvc double glazed window to the rear elevation.
KITCHEN 8' 1" x 7' 5" (2.46m x 2.26m) With units to the base and high level. Rolled edge work surface and inset stainless steel single drainer sink unit. Baxi boiler, tiled floors, glazed window to the side elevation.
REAR HALLWAY. Tiled floors. Cupboard.
SEPARATE WET ROOM 7' 8" x 7' 0" (2.34m x 2.13m) With a low level wc, walk in wet room, pedestal wash hand basin. Tiled walls. Radiator.
LANDING.
BEDROOM 1. 12' 2" x 9' 10" (3.71m x 3m) upvc double glazed window to the front elevation. Radiator.
BEDROOM 2. 14' 2" x 9' 4" (4.32m x 2.84m) With upvc double glazed window to the rear elevation. Radiator. Concealed staircase to 2nd floor.
ATTIC ROOM. 16' 0" x 8' 3" (4.88m x 2.51m) With upvc double glazed window to the rear elevation. Radiator.
OUTSIDE Front buffer yard. Enclosed rear yard.
his property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
UPVC DOORWAY TO THE
LOUNGE. 11' 1" x 9' 10" (3.38m x 3m) Upvc double glazed window to the front elevation. Radiator.
OPEN PLAN DINING ROOM. 14' 3" x 9' 1" (4.34m x 2.77m) Concealed staircase to the 1st floor. Useful store cupboard. Upvc double glazed window to the rear elevation.
KITCHEN 8' 1" x 7' 5" (2.46m x 2.26m) With units to the base and high level. Rolled edge work surface and inset stainless steel single drainer sink unit. Baxi boiler, tiled floors, glazed window to the side elevation.
REAR HALLWAY. Tiled floors. Cupboard.
SEPARATE WET ROOM 7' 8" x 7' 0" (2.34m x 2.13m) With a low level wc, walk in wet room, pedestal wash hand basin. Tiled walls. Radiator.
LANDING.
BEDROOM 1. 12' 2" x 9' 10" (3.71m x 3m) upvc double glazed window to the front elevation. Radiator.
BEDROOM 2. 14' 2" x 9' 4" (4.32m x 2.84m) With upvc double glazed window to the rear elevation. Radiator. Concealed staircase to 2nd floor.
ATTIC ROOM. 16' 0" x 8' 3" (4.88m x 2.51m) With upvc double glazed window to the rear elevation. Radiator.
OUTSIDE Front buffer yard. Enclosed rear yard.
Material Information
- Tenure: Freehold
- Council Tax Band: A
Gainsborough, Lincolnshire
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