6 Grantley Street, Grantham, Lincolnshire, NG31 6BL

  • Conditional Online Auction Sale
  • Guide Price* : £62,000

On Behalf of Newton Fallowell

  • Mid Terrace Property
  • Lounge
  • Kitchen
  • Cellar
  • Two Bedrooms
  • In Need of Modernisation

Property Description

On Behalf of Newton Fallowell

Two Bedroom Mid Terrace

Located close to the town centre, amenities and transport links is this established mid ter-raced home that would make an ideal investment purchase. The accommodation comprises of Lounge, Cellar, Kitchen, Utility/Rear Lobby, TWO BEDROOMS and a Shower Room. The property also has the advantages of UPVC double glazing and gas fired central heating via a modern combination boiler. This property is being sold with no onward chain, and is currently tenanted, ensuring an investor can begin to see immediate returns, there is expected to be a circa 6% plus yield per annum for the investment buyer to enjoy. Viewing is advised.

This property is being sold with no onward chain, if tenanted there is expected to be a circa 6% plus yield per annum for the investment buyer to enjoy. Viewing is advised.

Lounge - 3.25m x 3.10m (10'8" x 10'2")

With half obscure UPVc double glazed entrance door, UPVc double glazed window to the front aspect, single radiator and double doors giving access to a built-in storage cupboard with shelving which also houses the gas and electricity meter and electrical consumer unit. An open archway leads through to:

Inner Hallway

With doorway to stairs down to cellar and an open archway leads to the kitchen.

Cellar - 3.12m x 2.29m (10'3" x 7'6")

With power and lighting

Kitchen - 3.12m x 2.29m (10'3" x 7'6")

With UPVc double glazed window looking through to the utility/rear lobby, single radiator, stainless steel one and a half bowl sink and drainer with high rise mixer tap over inset to a work surface with cupboard storage beneath, additional free-standing worktop and space for electric cooker, two wall mounted cupboards and shelving. Stairs rising to the first floor landing and a half double glazed door leads to:

Utility / Rear Lobby - 2.97m x 2.79m max measurements (9'9" x 9'2" max)

With glazed window and half glazed door to the garden, space and plumbing for washing ma-chine, space for further under counter appliance. single radiator and space for free-standing fridge freezer.

First Floor Landing

With smoke alarm

Bedroom One - 3.23m x 3.12m (10'7" x 10'3")

With UPVc double glazed window to the front aspect, single radiator.

Bedroom Two - 2.29m x 1.60m (7'6" x 5'3")

With UPVc double glazed window to the rear aspect, single radiator and built-in over stairs cupboard with shelving and Ideal Logic+ gas fired combination boiler.

Shower Room

With wall mounted electric fan heater, loft hatch access, integrated extractor fan and a 3-piece white suite comprising high level WC, wash handbasin and a fully tiled corner shower cubicle with mains fed shower within and glazed shower screen.


There is a right-of-way across the neighbouring property to a shared passageway. There is no outside space with this property.

See Legal Pack

*Start Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also know as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our website, www.sdlauctions.co.uk.

Viewing Details

By arrangement with the auctioneer 0345 319 2162 or can be booked online www.sdlauctions.co.uk/online-auctions

Energy Performance Certificates

EPCs can be viewed in the Related Documents section on our website or in the legal pack.

Auction Type: Conditional with Reservation Fee

Every online bidder on SDL Auctions must first create an account at www.sdlauctions.co.uk/online -auctions. This is a very quick and simple process. In order to bid, you will need to be authorised for money laundering purposes, this will be carried out at the registration stage. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.

Once you have registered, you will be able to search, download legal documents, arrange site viewings and contact the Auctioneers and the solicitors if you have queries on the property.

If you are the successful bidder, at the end of the specified time period, you’ll enter into a reservation agreement with the seller and will have 40 business days within which to exchange and complete. If you fail to do so, you may lose your reservation fee. During the 40 business day reservation period, the seller is not able to accept other offers.

The sale of this lot is subject to a reservation fee of 4.8% including VAT or 4.2% including VAT in London, subject to a minimum of £6,000 including VAT. This does not contribute towards the purchase price and is payable on the fall of the hammer.

We will automatically charge you a minimum fee of £6,000, unless stated otherwise above (using the payment details provided at the registration stage) if you are the successful bidder, as payment towards a reservation fee. Where applicable, you will be required to pay any outstanding amounts of the reservation fee immediately after the end of the auction, which can be paid by debit card or bank transfer. This will be specified in the reservation contract.

By placing a bid, you are authorising the auctioneer to sign the reservation agreement on your behalf.

Joint Agent

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Joint Agent

For viewings please contact:
Newton Fallowell - Grantham

Legal Documents

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