*ONLINE Unconditional Auction Opening 28th April 2025* To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshireSituation: The property is situate on the popular and well positioned Bob Rainsforth Way, Gainsborough, conveniently positioned for access to a small retail area, and within less than a mile of Gainsborough town centre, and its many facilities and amenities, including Marshalls Yard Retail & Leisure complex. The town centre itself is undergoing the most significant investment in half a century, with the construction of a Savoy Cinema complex, and a range of eateries. Gainsborough itself is well positioned for access to the surrounding towns and Cities of Lincoln and Doncaster. Description: A wonderful opportunity to acquire this modern, traditionally constructed 3 bedroom house, offered for sale in good order throughout, with the benefit of double glazing and central heating, along with being in ‘ready to let’ condition. Similar properties generate approximately £900 per month (£10,800 per annum), as such this makes an attractive investment proposition. And with similar properties having sold up to circa £165,000, there is the opportunity for equity from day 1. Accommodation: Ground Floor Entrance Hallway Lounge Dining Kitchen WC First Floor Bedroom 1 Bedroom 2 Bedroom 3 Family Bathroom Outside Front garden, and enclosed garden to the rear. Garage. Accommodation Ground Floor Entrance Hallway Lounge Dining Kitchen WC First Floor Bedroom 1 Bedroom 2 Bedroom 3 Family Bathroom Outside Front garden, and enclosed garden to the rear. Garage - leasehold on a term of 999 years from 1st January 2015 on a peppercorn rent. Council Tax: The property falls within West Lindsey District Council – BAND A Possession: Vacant possession will be given upon completion. Viewing: Strictly by appointment with Auction House. Services: Prospective purchasers are
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Additional Fees
Administration Charge - Non-refundable £3,600 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.