For sale by Conditional Online Auction.
On behalf of Newton Fallowell - Brigg
Two bedroomed cottage
This quintessentially English, extended colour washed Cottage currently offers 2 bed accommodation of considerable character and relaxed charm in the sought after Lincolnshire village of Grasby. The gentle combination of traditional beam work, ledge and braced doors and brick built fireplace with modern gas fired heating and Pvcu double glazing create an excellent starting point for further enhancement. The centre of the home is the 20ft 8 dual aspect Sitting Room with impressive brick built fireplace and the pine effect appointed Breakfast Kitchen leads to the separate Dining Room with its views across the southern gardens. The first floor includes a centrally placed Bathroom which serves the 2 double Bedrooms. Enjoying views towards the Wolds and to Lincoln beyond Cinder Cottage typifies charm
Reception Vestibule An arched entrance with twin timber doors opens to a beamed Reception vestibule and a step leads up to
Sitting Room - 6.32m max x 3.61m (20 ft8 max x 11 ft10) - A delightful dual aspect, beamed room centred on the impressive brick built chimney breast with open fireplace and brick built hearth. Ideal for relaxed entertaining the room is linked to the southern gardens via Pvcu double glazed French doors and further includes 2 radiators, tv aerial point, door to connecting Pantry, concealed cottage stair and 2 Pvcu double glazed georgian style windows overlooking the Church.
Breakfast Kitchen 3.71m x 2.85m (12 ft2 x 9 ft4 ) - Appointed with a good range of pine effect fronted units with complementary tops to include inset 1 1/2 bowl resin sink unit with cupboards under, space and plumbing for both an automatic washing machine and a dishwasher, a further 5 base units together with an additional 2 units at eye level, inset electric hob with extractor over, built in oven with housing for a microwave and cupboards over and under, tiled floor, beamed ceiling, radiator, spot lighting, Pvcu double glazed windows to the front and rear and PANTRY AREA with beam, spot light and space for an upright fridge / freezer.
Dining Room 3.68m x 3.36m (12 ft0 x 11 ft0 ) - Opening to the south facing gardens via Pvcu double glazed patio doors this triple aspect room provides an excellent space for more formal family celebrations and includes a radiator, laminated flooring and Pvcu double glazed windows to a further 2 aspects.
Landing 3.80m x 2.69m max (12 ft5 x 8 ft9 max) - A useful reading or study area with radiator, sloping ceiling, exposed timber work, spot lighting and Pvcu double glazed window
Bedroom One 3.84m x 3.45m (12 ft7 x 11 ft3 ) - A generous double room with Pvcu double glazed window to the front and dormer window to the rear, radiator, telephone point and sloping ceiling.
Dressing Area 2.21m x 1.49m (7 ft3 x 4 ft10 ) - A walk through area passes the Dressing Area with fitted shelving, laminated floor and exposed roof timbers
Bathroom 3.81m x 2.50m (12 ft5 x 8 ft2 ) - This centrally placed room is appointed with a traditional suite in white to include close coupled wc, pedestal wash hand basin, glazed and panelled shower enclosure, bath with panelled front, radiator, laminated floor, part sloping ceiling with exposed timbers, Pvcu double glazed window to the rear aspect and door to
Bedroom Two 3.82m x 2.80m (12 ft6 x 9 ft2 ) - With Pvcu double glazed window to the rear aspect, radiator and exposed truss and beam work.
Outside: 3.9 x 2.63 (12 ft9 x 8 ft7 ) - The colour washed cottage enjoys a frontage to Church Side and there is an attached GARAGE ( 3.90m x 2.63m internally) ( 12 ft9 x 8 ft7 internally ) with up and over door, electric light and power, wall mounted gas fired combination boiler and door to the rear. The enclosed south facing rear gardens are primarily laid to lawn with inset shrubs and fruit trees and are best viewed from either the timber deck leading from the Dining Room or from the Sitting Room patio. A timber garden shed completes the property.
EPC Rating: E
The auction for this property will be conducted online through our online-bidding platform. This is a “Timed Auction”, so there are no other lots being sold alongside this property.
The timeslot for the auction is displayed on SDL Auctions’ website. To view this, search for the property via their website, then click onto the property to view the property details. The time remaining to bid, and end date of the auction, is displayed on the page.
You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.
When you place your bid, you are deemed to have agreed to SDL Auctions’ Buyers Terms (England & Wales) which are available to read on SDL Auctions’ website.
Auction type - Conditional with Reservation Fee
If you are the highest bidder when the auction for the property comes to an end, you will enter into a reservation agreement with the seller. You must then pay the applicable reservation fee. You will then have 40 business days within which to exchange contracts and complete the sale, unless the Special Conditions of Sale contained within the Legal Pack specify a different time limit. 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 following non-refundable fees apply:
Reservation Fee- payable immediately when the auction ends. This is calculated as a percentage of the actual purchase price of the property. Either:
(a) 4.8% (including VAT) of the purchase price, for properties up to and including £250,000
(b) 3.6% (including VAT) of the purchase price for properties sold for over £250,000
The Reservation Fee is subject always to a minimum of £6,000 (including VAT). The Reservation Fee does not contribute to the purchase price.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Special Conditions carefully before bidding. Any additional fees are included at the seller’s discretion, not on the instruction of SDL Auctions, and will be in addition to any fees payable to us. SDL Auctions has limited control over the content of the Special Conditions of Sale.
This property is listed under the Conditional with Reservation Fee sale method, therefore the deposit will be payable on exchange of contracts and executed via the solicitors. The amount to be paid will be listed in the Special Conditions of Sale.
When you register to bid, you will be prompted to provide your payment details to SDL Auctions. In the event that you are the winning bidder, your card will automatically be charged a proportion of the Reservation Fee. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.
Example: You win the bid on a property with a guide price of £150,000, but the actual purchase price is £170,000. At this point your bid is successful you will be charged as follows:
Reservation fee of £7,200 – calculated as 4.8% of guide price - this will be charged immediately after the auction if you are the winning bidder.
As the actual purchase price amounted to £170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:
£960 for Reservation Fee shortfall (£8160 due as 4.8% of actual purchase price)
Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.
To view the legal pack, first search for the property on SDL Auctions’ website, and click onto the property to view the property details. There will be a sub-heading “Legal Documents”. Underneath this, you will be prompted to “Log in to view the legal documents”. Follow this link, you will then be directed to create an account with Auction Passport to view the documents.
The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.
It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.
Special Conditions of Sale
The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of SDL Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.
To register to bid on the property, search for the lot on SDL Auctions’ website. Click onto the property, follow the link to “Log in/register to bid”, and you will then be directed to create an account with the online-bidding platform provider, EIG.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.