3 bed terraced house for sale

Sincil Bank, Lincoln, Lincolnshire LN5

***in need of A full scheme of refurbishment***

Being sold via Modern Method of Auction-Terms & Conditions apply. A very spacious Three bedroom bay fronted Mid-Terraced located on Sincil Bank close to the City Centre. A prime area for investment.

Briefly comprising; Hall, Lounge, Dining Room, Kitchen, Three Bedrooms, Bathroom. Parking is available On Street and there is a fully enclosed Rear Courtyard with two brick outbuildings.

Freehold/City of Lincoln Council-Band A/EPC Grade tbc.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

LIN220025/8

Description

***in need of A full scheme of refurbishment***

Being sold via Modern Method of Auction-Terms & Conditions apply. A very spacious Three bedroom bay fronted Mid-Terraced located on Sincil Bank close to the City Centre. A prime area for investment.

Briefly comprising; Hall, Lounge, Dining Room, Kitchen, Three Bedrooms, Bathroom. Parking is available On Street and there is a fully enclosed Rear Courtyard with two brick outbuildings.

Freehold/City of Lincoln Council-Band A/EPC Grade D.

Auctioneer Comments

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer will pay £349 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/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. (truncated)

Shared Passageway

Shared with the neighbour. Providing access for bins and through to the courtyard.

Hall

Door in, stairs rising to first floor.

Lounge (4.19m x 3.64m)

Double glazed bay window to front aspect, fireplace, radiator.

Dining Room (3.75m x 3.52m)

Double glazed window to rear aspect, fireplace, radiator, under stairs storage cupboard.

Kitchen (3.37m x 1.95m)

Having fitted work surfaces, oven with gas hob, one and a half bowl sink unit with drainer and mixer tap over, double glazed window to side aspect, side door, space and plumbing for appliances.

First Floor Landing

Bedroom 1 (3.74m x 3.53m)

Double glazed window to rear aspect, radiator, storage cupboard off housing loft access.

Bedroom 2 (3.56m x 2.55m)

Double glazed window to front aspect, radiator.

Bedroom 3 (2.59m x 2.42m)

Double glazed window to front aspect, radiator.

Bathroom (2.39m x 1.92m)

Panelled bath, low level WC, pedestal wash hand basin, double glazed frosted window to rear aspect, radiator.

Outside

Permit parking is available on street (through City of Lincoln Council). To the rear there is a fully enclosed courtyard which also has two brick outbuildings.

Note To Investors

If the property was to be renovated throughout we anticipate an investor could achieve a monthly rent of £925-£950pcm.