HMO in LN5
St. Catherines Grove, Lincoln, Lincolnshire, LN5 8NA
Online auction
- NO onward Chain
- Ideal Investment
- Within walking distance of local amenities and town centre
- Five Lettable Rooms
- Enclosed garden laid to lawn
HMO in LN5
For sale via secure sale online bidding: terms and conditions apply.
Five bedroom, terraced house HMO, Current yearly income as 3 of the 5 rooms are rented Room 1, £455 per month Room 4 £325 per month and Room 5. £411 per month = £1191 per month. The property is within walking distance of local amenities and town centre. The property offers entrance hall, sitting room, bedroom one with en-suite, kitchen diner, bathroom and WC to the ground floor.
To the first floor there are four bedrooms, shower room and bathroom. Outside the property to the rear there is an enclosed garden laid to lawn.
Please note we have not inspected this property.
Summary
- Property Type: HMO
- Parking: On Street
Location
The property is located along St Catherine's. The property is within walking distance of local amenities and town centre.
Accommodation
Entrance Hall
external door to front aspect and stairs to first floor.
Sitting Room
11'10" x 9'4" (3.61m x 2.84m)
Window to rear aspect and radiator.
Bedroom One
11'11" x 12'6" (3.63m x 3.81m)
Bay Window to front aspect and radiator.
En-Suite
7'8" x 2'9" (2.34m x 0.84m)
Fitted with shower cubicle, low level WC, wash hand basin and radiator.
Kitchen Diner
21'11" x 7'11" (6.68m x 2.41m)
Windows and external door to side aspect. Fitted with a range of wall and base units with worktops over, sink with drainer, free standing cooker, plumbing for washing machine and dishwasher, space for fridge and freezer and radiator.
Bathroom
6'2" x 5'0" (1.88m x 1.52m)
Window to rear aspect and fitted with panel bath with shower over, wash hand basin, low level WC and radiator.
WC
3'2" x 2'11" (0.97m x 0.89m)
Fitted with low level WC and wash hand basin.
Landing
Access to loft.
Bedroom Two
12'0" x 7'1" (3.66m x 2.16m)
Window to front aspect and radiator
Bedroom Three
11'11" x 8'10" (3.63m x 2.69m)
Window to front aspect and radiator.
Bedroom Four
8'11" x 10'0" (2.72m x 3.05m)
Window to rear aspect and radiator.
Shower Room
Fitted with shower cubicle and wash hand basin.
Bedroom Five
11'5" x 7'10" (3.48m x 2.39m)
Window to rear aspect and radiator.
Bathroom
6'4" x 5'0" (1.93m x 1.52m)
Tenure
Freehold.
Council Tax
Council Tax Band B
EPC
We currently await a copy of the Energy Performance Certificate
Additional Information
For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
Floor Plan
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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