2 bed terraced house for sale

Florence Street, Lincoln, Lincolnshire LN2

For Sale By Modern Method of Auction - T & Cs Apply

This well-presented two bedroom terraced house is ideally situated for convenient access to Lincoln City Centre and the railway station.

The accommodation includes a private entrance leading to a Hallway, Lounge, Dining Room and Kitchen. Upstairs, the landing provides access to Two generously sized Double Bedrooms and a Bathroom. Externally, the property features a low-maintenance rear garden with outbuildings, and on-road parking is available at the front.

Lincoln, a historic Cathedral and University city, offers an array of high street shops, department stores, and local amenities. The city boasts a vibrant Marina, multiplex cinema, and art galleries. The iconic Steep Hill leads to the Bailgate area, renowned for its charming boutiques, bistros, and landmarks, including Lincoln Castle, the Cathedral, and Bishop Grosseteste University.

Agent's Note: We have been advised by the vendor that the property is currently let on an AST and the tenant has been served with a Section 21 Notice with the property being sold with vacant possession. The buyer will need to confirm with their solicitor regarding vacant possession and dates.

Buyers Information Pack

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 £349.00 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.

Buying Conditions

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 buyer's 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 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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.

Entrance Hall

Lounge

3.75m x 3.39m - 12'4” x 11'1”

Dining Room

3.75m x 3.52m - 12'4” x 11'7”

Kitchen

3.89m x 1.97m - 12'9” x 6'6”

First Floor Landing

Bedroom 1

3.64m x 3.63m - 11'11” x 11'11”

Bedroom 2

2.51m x 2.36m - 8'3” x 7'9”

Bathroom

3.41m x 2.22m - 11'2” x 7'3”