67 Fairfax Street, Lincoln, Lincolnshire, LN5 8NR

  • Conditional Online Auction Sale
  • Guide Price* : £107,000 Plus Fees

FOR SALE BY CONDITIONAL ONLINE AUCTION
On Behalf of Belvoir


  • Mid Terrace Property
  • Lounge
  • Fitted Kitchen
  • Guest Cloakroom
  • Two Bedrooms
  • Good investment opportunity as the property is currently let at £550pcm and could potentially let for £575pcm

Property Description

FOR SALE BY CONDITIONAL ONLINE AUCTION
On Behalf of Belvoir


Two Bedroom Terrace

This is a 2 bedroomed property close to Lincoln city centre but in a quiet cul de sac just off the main Newark Road into the city. The property comprises of a fully fitted kitchen with microwave, oven, hob and extractor fan, built in washing machine and fridge with laminate style flooring, downstairs cloakroom, lounge with French doors to an outside patio area in the enclosed rear garden. Upstairs there is a master bedroom and the second bedroom is a good-sized single with storage cupboard. The property further benefits from gas central heating, double-glazing and allocated parking space and an outside storage cupboard.


Tenure
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 known 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 SDL Auctions website.


Viewing Details

By arrangement with the auctioneer 0345 319 2162.


Energy Performance Certificates

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


Auction Type: Conditional with Reservation Fee

Every online bidder must first create an account via the SDL Auctions website, in the online auction section. 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.

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

Full terms and conditions are available on the SDL Auctions website.


Joint Agent

Belvoir



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Joint Agent

For viewings please contact:
Belvoir
01522544999
paul.collins@belvoir.co.uk

Legal Documents

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Related Documents