Guide price
£68,000
3 bed semi-detached house for saleCapper Avenue, Hemswell, Gainsborough, Lincolnshire DN21
3 beds
1 bath
1 reception
- Auction
- Freehold
Martin & Co Gainsborough
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About this property
Investment Property
Sold By Auction
Tenants In Situ
Close To Amenities
Garden
An excellent investment opportunity has arisen to acquire this three-bedroom property located on the popular Capper Avenue in Hemswell.
The property is being sold with tenants in situ, providing an immediate income stream for the successful purchaser, currently achieving £495 per calendar month (pcm). This makes it an ideal addition to any property portfolio.
The home is being offered for sale via the Modern Method of Auction, which provides a faster and more secure transaction process. Buyers must be aware of the reservation fee payable upon the fall of the hammer.
Located in Hemswell, the property benefits from local amenities and offers good transport links to surrounding areas.
Investor Highlights:
Three Bedroom Property
Tenants In Situ (Immediate Income)
Current Rent: £495 pcm
Popular Residential Location
Don't miss out on this ready-made investment. Contact us today to request the legal pack and register your interest!
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid: £68,000 This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties
Auctioneers Additional CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale andare referred to below as 'The Auctioneer'.This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auctionterms and overseen by the auctioneer in partnership with the marketing agent.The property is available to be viewed strictly by appointment only via the Marketing Agent or TheAuctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.Please be aware that any enquiry, bid or viewing of the subject property will require your details beingshared between both any marketing agent and The Auctioneer in order that all matters can be dealtwith effectively.The property is being sold via a transparent online order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers willbe required to adhere to a verification of identity process in accordance with Anti Money Launderingprocedures. Bids can be submitted at any time and from anywhere.Our verification process is in place to ensure that aml procedure are carried out in accordance withthe law.The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompaniedby a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and willtypically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'.These prices are subject to auction can be closed at any time with the auctioneer permitting for the property (the lot) to be soldprior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and containsdetails relevant to the legal documentation enabling all interested parties to make an informeddecision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers'commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceedingwith any property and/or Land Title purchase.Auctioneers Additional CommentsIn order to secure the property and ensure commitment from the seller, upon exchange of contractsthe successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of thepurchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 7.2% inc VAT (subject to a minimum which could be up to £7,200 incVAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to theagreed purchase price and consideration should be made by the purchaser in relation to any StampDuty Land Tax liability associated with overall purchase costs.Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer topass their details to third party service suppliers, from which a referral fee may be obtained. There isno requirement or indeed obligation to use these recommended suppliers or services
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