Situated in the popular and sought after residential area of the historical City of Lincoln is this rarely available end terraced unique property which was part of a converted Victorian School. The accommodation briefly comprises of: Large open plan Living Kitchen incorporating Lounge Area, Study/Bedroom 4, Shower Room, three double Bedrooms and a Family Bathroom. The property further benefits from gas central heating, double glazing, on street parking and access to rear corridor through communal yard. The property is being sold with no onward chain.
*Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the Unconditional Method of Auction, which is powered by IAM Sold.
THIS PROPERTY IS OFFERED BY UNCONDITIONAL AUCTION TERMS. The successful buyer is required to pay a 10% deposit requiring an immediate exchange of contracts. In addition to the 10% deposit required for exchange of contracts, a buyers Reservation Fee of 4.2% to a minimum of £6,000.00 including VAT will also be payable by the successful purchaser. The buyer will be granted 28 days from the date of exchange to complete the purchase. Please note this property is subject to an undisclosed reserve price. Terms and conditions apply to the Unconditional auction method of sale, which is operated by East Midlands Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.
Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.
KITCHEN/DINING/RECEPTION ROOM 21' 8" x 19' 5" (6.6m x 5.92m) STUDY / BED 4 10' 10" x 7' 7" (3.3m x 2.31m) SHOWER ROOM FIRST FLOOR MASTER BEDROOM 6.43m max x 3.05m max BEDROOM 2 11' 5" x 10' 6" (3.48m x 3.2m) BEDROOM 3 4.19m max x2.79m max BATHROOM 7' 3" x 7' 2" (2.21m x 2.18m) OUTSIDE
This property is sold unconditionally with the successful purchaser required to place a 10% non refundable deposit and exchange immediately after the auction.
A reservation fee of 4.2% to minimum of £6,000.00 including VAT is also required under this method.
A reservation fee is payable by the buyer only when the seller pays no fees to sell. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price.
This property is being sold under the Traditional Method of Auction, which requires immediate exchange of contracts and allows a further 28 days for completion.
A non-refundable Reservation fee must be paid by the buyer within 2 hours following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement In the 28 day period following the auction or the date of acceptance of the offer.
If the Buyer Information Pack has been produced and provided by IAM Sold any successful purchaser will be required to pay £200.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.
There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:
For further information or to speak to one of our team, please call 01522 775 259.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.