Detached house for sale in Bridge End Road, Grantham NG31

**** Being sold via Secure Sale online bidding. Terms & Conditions apply. **** Starting Bid £290,000. This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties. Superb Freehold Investment Property **** A Detached Property Forming an 8 Bedroom HMO With Each Bedroom Being Ensuite. The property was subject to a comprehensive conversion and refurbishment in 2020 The Property is Currently (Date of Listing) Fully Let Produces a Gross Income of £49,920.

Summary At the date of listing the property is fully let and producing a Gross Annual Income of £49,920. As mentioned above the property was the subject of a comprehensive conversion form former headquarters of a local builder refurbished to a very good standard the rooms have the advantage of period character and spacious accommodation throughout.

The property has eight en-suite bedrooms as well as two fitted kitchens and a utility room. The kitchens being conveniently located on the ground and first floors. The property can effectively be regarded as two parts each with its own access reducing congestion for the occupants. These being known as 22a and 22b. The latter having already a "C" EPC Rating 22a currently rated as 66 D but with potential to be 76 "C". Nb The main EPC Graph shown relates to 22b.

Externally the property is offered with designated off street parking spaces having shared vehicular access from the adjacent Edward Street.

The property stands in a popular location towards the south eastern edge of the town of Grantham. There is a local mini market as well known fast food outlets close by. Also in close proximity are a number of other services and amenities with names such as Marks & Spencer Food and Sainsburys.

The property is also almost next door to the pretty "Dysart Park". This lovely green open space [provides an ideal place to relax of for recreation.

Grantham is a vibrant town which has a well served centre. The heart of town is a mere 1 mile from the property approx. 7 minute car journey and around a 20-25 minute walk. The town enjoys a number of major employers across a number of sectors in the employment market.

The property is also just a 0.5 mile/ just over a 10 minute walk to Grantham railway station. Being on the lner there is A regular train service to london kings cross a timetabled journey of approximately just over an 1 hour.

Our Lettings team report that the foregoing helps create a constant demand therefore for accommodation such as that offered at the subject property.

This is an excellent property one that we are certain will produce significant interest from the time of listing. We would therefore respectfully urge you to contact us at your earliest convenience to arrange a viewing to avoid disappointment.

Agents & auction notes Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Viewing Contact the Grantham office of the selling & current managing agents Martin & Co .