Situation: A property is situate in a prominent position on Loisberg Road, Hemswell Cliff, the village offers a range of facilities and amenities, as well as being ideally located for access to the surrounding towns of Gainsborough, Scunthorpe and the City of Lincoln. Description: An opportunity to acquire this well-proportioned and versatile mid terrace 3 bedroom house benefitting from double glazing and central heating. The property is ideal for both owner occupiers and investors alike, with scope to add significant value, and potential to generate a substantial yield (based on current guide price), in this area with strong rental demand. Potential income of £750pcm (£9000 per annum). The property has been approved by the local authority and SERCO for their use (info provided by SERCO) with rent of £1473.33 per month (£17,679.96 per annum) if re-configured as a 4-bedroom property. Accommodation Ground Floor Entrance Hall Sitting Room Dining Kitchen WC First Floor Bedroom 1 Bedroom 2 Bedroom 3 Family Bathroom WC Outside Enclosed gardens to front and rear. Allocated parking space.Material Information 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 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
Portrait Video Tour
False
Energy Efficiency Rating (EPC)
Current Rating C
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.