Terraced house for sale in Whitehall Grove, Lincoln, Lincolnshire LN1

Modern Method of Auction - T & Cs Apply

A traditional bay fronted terrace House which would make the ideal investment or First Time Buy.

The property is currently let to 3 Students until July 2024. Whitehall Grove is situated within the popular West End area of Lincoln just a short walk from the eclectic mix of independent shops, bars and restaurants the City Centre has to offer. Connections to the University and Railway Station are swift and simple.

The internal accommodation comprises; Bay Fronted Lounge which is currently let as a third Bedroom, Communal Lounge, Fitted Kitchen leading to a Dining Area. Upstairs offers two further Double Bedrooms and the Family Bathroom. Outside the property has a well maintained rear courtyard garden.

Agent's Note: The Vendor has advised us it's currently let to 3 Students. They have made us aware it's currently achieving £15,150 Annually.

Buying Conditions

This property is for sale by the Modern Method of Auction. Should you view, offer, or bid on the property, your information will be shared with the Auctioneer, Iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer's solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability, and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers Information Pack

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Lounge

3.53m x 3.4m - 11'7” x 11'2”

Kitchen

3.48m x 2.08m - 11'5” x 6'10”

Dining Room

2.13m x 1.88m - 6'12” x 6'2”

Lounge Bedroom 3

3.84m x 3.53m - 12'7” x 11'7”

Bedroom 1

4.5m x 3.15m - 14'9” x 10'4”

Bedroom 2

3.58m x 3.02m - 11'9” x 9'11”

Bathroom

3.4m x 2.06m - 11'2” x 6'9”