Situation The property is situate on George Street, Grantham, a popular and central area of this well regarded town, within close reach of a wide range of local facilities and amenities. Grantham itself offers excellent access to the surrounding towns and general area, along with direct rail link to London Kings Cross, and road access via the A1. Description A wonderful opportunity to acquire this well proportioned and versatile terrace house, offered for sale with accommodation over 4 floors, and providing an ideal investment or development opportunity to the purchaser. The property is in need of some improvement works throughout, but offers scope to add value or generate a strong yield in this area of strong rental demand. Potential income of circa £12,000 per annum as a single let in good order, or circa £20,000 per annum as a serviced accommodation or HMO (subject to planning permissions being granted).

Tenure

Freehold

Accommodation

Lower Ground Floor Cellar Ground Floor Entrance Hall Lounge Dining Room Kitchen First Floor Bedroom 1 Ensuite Bedroom 2 Family Bathroom Second Floor Bedroom 3 Outside Rear garden

Material Information

Please copy and paste the link below into your browser for a full breakdown of material information for this property mip.urls.addland.com/jRn23RxsgHw1d69ys4EK6r Tenure: The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack. Council Tax: The property falls within South Kesteven Council – BAND A Viewing: Strictly by appointment with Auction House. Services: Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor. These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them. Any potential rental incomes are approximate based on Rightmove data at the time of preparing the details and bidders are advised to check with a local agent for an accurate valuation.

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

South Kesteven District Council

Solicitors

Devall Law, Ref: Michael Devall, Tel: 01489 579804

Additional Fees

Administration Charge - £3600 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.