Situation: The property is situated on Church Street, Gainsborough, a pleasant and central location in the heart of this traditional Lincolnshire market town. There are a wide range of facilities and amenities including the Marshalls Yard Retail and Leisure complex, along with the town centre, currently nearing completion of a comprehensive development scheme, including the Savoy Cinema complex. Gainsborough itself offers excellent access to the surrounding towns and the cities of Lincoln and Doncaster. Description: A traditionally constructed, 5 bedroom, semi detached house, ideal for investors and developers alike, offering versatile and well proportioned accommodation throughout. The property will appeal to all corners of the property investment market, offering scope to add value for resale following renovation works, or the rental market with projected rent for a property of this size of circa £1200pcm (£14,400 per annum).Subject to planning permission being obtained, the house may also be suitable to split into flats or reconfigure for conversion to HMO with potential gross income over £20,000 per annum. Accommodation Ground Floor Entrance Hallway Sitting Room Dining Room Kitchen Utility WC First Floor Bedroom 1 Bedroom 2 Bedroom 3 Bathroom Second Floor Bedroom 4 Bedroom 5 Outside Gardens to rear 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/k1PgjjPvNTBTfQS2AL86pw 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 West Lindsey Council – BAND - A Possession: Vacant possession will be given upon completion. Viewing: Strictly by appointment with Auction House. Services: Prospective purchasers are advised
Portrait Video Tour
False
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Additional Fees
Buyer's Premium - Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel.
Administration Charge - Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.