4 bed detached house for sale

Spilsby Road, Horncastle LN9

Summary

This substantial four-bedroom detached home offers a rare and exciting opportunity for buyers looking for a project with genuine scope to add value. Originally two semi-detached properties, the home has been partially converted into one dwelling, and now presents a flexible layout with plenty of potential for reconfiguration, modernisation and improvement ideal for investors, developers or buyers with vision.

Important note: Photos 3,4,5,6,7,8 and 9 have been professionally virtually refurbished. The room measurements remain the same; the virtual refurbishment has been included to help you envision what could be achieved with the space.

Internally, the property still retains features of its original configuration, including two staircases, two kitchens, and two bathrooms (one located on the ground floor and one on the first floor). With the right investment and imagination, this could be transformed into a fantastic family home, or potentially adapted to suit multi-generational living or other requirements (subject to any necessary consents).

Externally, the property benefits from off-road parking, along with rear courtyard spaces positioned either side of the outbuildings offering useful outdoor areas that could be further enhanced. An added benefit of this property is it's excellent eco-friendly set up to help reduce day-to-day energy costs. It has a dedicated electric vehicle charger, it also features solar panels and the solar battery system that allows you to store generated electricity for later use.

This is a home with a lot of potential and an opportunity to create something truly special. For further information on the Secure Sale process and to arrange a viewing, please contact Walters of Lincolnshire.

Council Tax Band: C
Tenure: Freehold

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.