FOR SALE BY UNCONDITIONAL ONLINE AUCTION! (IMMEDIATE EXCHANGE) This property will be offered for sale by auction Opening 4th April 2022 with a *guide price of £70,000 - £90,000 (plus fees). Situation: The property is situated on Ropery Road, Gainsborough in an established and popular residential area to the North of Gainsborough near to local shops and schools. The market place and the prestigious Marshall’s Yard, Retail, Commercial and Leisure Complex are within about 1.50 miles along with good access to surrounding towns and the City of Lincoln. Description, A traditionally constructed property split into two self-contained flats. The first floor flat is currently let and producing £395pcm and the ground floor flat is currently vacant. Accommodation:Ground Floor Flat: Kitchen Bathroom Living Room Bedroom First Floor: Kitchen Bathroom Living Room Bedroom Additional Fees Buyer's Premium: £1,200.00Administration Charge: £1,200.00Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

Tenure

Freehold

Tenancy

The first floor flat benefits from an Assured Shorthold Tenancy producing £395 per calendar month.

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £480 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.