Floorplan
Map
Area stats2 bedroom end of terrace house for sale
Key information
Features and description
- Immediate ‘exchange of contracts’ available
- Being sold via ‘Secure Sale’
- Ideal investment
- Two bedroom
- Generous rear garden
- Rent : £560 pcm
- No onward chain
- Tenant in situ
- End terrace
- Cul de sac location
Situated in a desirable cul-de-sac location in Gainsborough, Lincolnshire, this end-terrace house presents an excellent opportunity for both investors and home buyers. The property features two well-proportioned bedrooms and one bathroom, complemented by a comfortable public room that offers a practical space for relaxation or entertaining. Its freehold tenure provides stability and peace of mind for prospective buyers. The accommodation benefits from efficient gas central heating, promoting comfort throughout the year.
The residence boasts a generous private rear garden, offering ample outdoor space for leisure and potential for personalisation. The property is set back from the street and benefits from accessible street parking. With no onward chain, this house represents a straightforward and prompt opportunity for purchase. Currently, a tenant is in situ, with a rental income of £560 per calendar month, offering an attractive potential yield of 10.1%, making this an appealing proposition for investors. Viewings are available by appointment.
Local area
Gainsborough is a historic market town in Lincolnshire, offering a blend of local amenities, schooling options, and transport links. The location benefits from proximity to shopping facilities, leisure centres, and picturesque countryside, making it a convenient base for a range of lifestyles. The wider area provides access to regional road networks, ensuring straightforward travel to neighbouring towns and beyond.
EPC rating: C. Tenure: Freehold,
Kitchen
3.12m x 2.91m (10'3" x 9'7")
Fitted kitchen comprising of wall and base units, stainless steel sink with drainer and mixer tap, space for white goods, radiator, window to front aspect and serving hatch to lounge.
Lounge
4.53m x 3.2m (14'10" x 10'6")
Tile flooring, two radiators, service hatch to kitchen, window to rear aspect and door to utility area.
Utility area
1.28m x 3.04m (4'2" x 10'0")
Tile flooring, radiator, window, side aspect, and rear garden.
First floor accommodation
Bedroom One
3.79m x 3.21m (12'5" x 10'6")
Fitted carpet radiator window from Tapé and over-stair storage.
Bedroom Two
3.9m x 2.88m (12'10" x 9'5")
Fitted carpet, radiator, storage, cupboard, and window to the rear aspect
Bathroom
1.78m x 2.86m (5'10" x 9'5")
Fitted three piece sweet comprising of bath with overhead shower, hand wash basin, WC, radiator, tiled walls, vinyl flooring and window to rear aspect
Outside
To the front of the property is a mainly laid-to-lawn garden with a path leading to the front door.
To the rear of the property is a mainly laid-to-lawn garden with rear gated access and is enclosed by fencing.
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
Council Tax Band: A
Tenure: Freehold
Rooms
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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 Additional Comments
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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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