Next auction Thursday 25th April 2.30PM

79 Chelmsford Drive, Grantham, Lincolnshire, NG31 8PF



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Guide price

£135,000+


Property Type

Investment

Reception Rooms

1

Bedrooms

3

Bathrooms

1


Key Features

  • An opportunity to acquire a freehold three bedroom semi-detached residential
  • Located in an established residential area just off Grantham town centre
  • Subject to a regulated tenancy producing £6,534 pa

Part of the 25 April 2024 auction
at 2.30PM

An opportunity to acquire a freehold three bedroom semi-detached residential property located in a large housing estates close to Grantham town centre

  • Freehold three bedroom semi-detached house
  • Located 0.6 miles West of Grantham town centre
  • Situated in a quiet and sought after housing estate
  • Walking distance to a variety of town centre amenities
  • Excellent catchment area for both primary & secondary schools
  • A 6 minute drive to Grantham Train Station (1hr to London)
  • Excellent road links to A1, A52 & A607
  • 23 miles from Nottingham City & 26 miles from Lincoln town
  • GF: Living room, dining room & kitchen
  • FF: 2 x Double bedrooms, single bedroom & family bathroom
  • Benefits from good sized garden to the rear
  • Off street parking for 2 cars as well as ample on street parking
  • Subject to a Regulated Tenancy producing £6,534 pa
  • A strategic long term investment opportunity
  • Average house price in NG31 is £222,922 over the last year

Contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,800 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold subject to the existing Regulated Tenancy at £6,534 pa

Refer to Legal Pack

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