Terraced house for sale in 11 Toronto Street, Lincoln, Lincolnshire LN2

For sale by online auction on Tuesday, 23 Apr 2024 ending at 13:02

for sale by unconditional online auction! (immediate exchange)

This property will be offered for sale by auction closing 23 April 2024 with a *guide price of £70,000 - £90,000 (plus fees). To register to bid:



Situation:

The property is situated on Toronto Street, Lincoln, a popular and convenient area close to the City Centre and its many facilities and amenities, along with access to the college and University. Lincoln itself is a beautiful and historic City, popular for tourism, along with a vibrant nightlife, with a plethora of eateries, restaurants and public houses. The property is located towards the end of a cul-de-sac, in an area of properties of a similar style and construction.

Description:

A traditionally constructed mid terrace house, offered for sale in need of a scheme of modernisation and improvement work throughout, but benefitting from well proportioned and versatile accommodation throughout, with provision for double glazing and a rear extension to the property. This property is an ideal investment opportunity, given the scope to add value and strong rental market in the local area with both private individuals and student lets.

Accommodation

Ground Floor:

Living Room

Dining Room

Breakfasting Kitchen

Study/Ground Floor Bedroom

First Floor:

Bedroom 1

Bedroom 2

Bedroom 3

Family Bathroom

Outside:

Courtyard to rear.Material Information

Tenure:

The property is freehold. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack.

Council Tax:

The property falls within Lincoln City Council – band A

Viewing:

No internal viewings due to health & safety concerns.

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. Information relating to Rating and Town and Country Planning matters

EPC Rating
Due to health & safety concerns, it has not been possible to obtain an EPC report for the property.

Additional Fees
Buyers Premium: Non-refundable £1,560 inc VAT payable on the fall of the virtual gavel.

Administration Charge - Non-refundable £1,800 inc VAT payable on the fall of the virtual gavel.

Disbursments - 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.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.