Guide price
£165,000
6 bed detached house for saleAshcroft Road, Gainsborough DN21
6 beds
4 baths
3 receptions
EPC Rating: E
About this property
For sale via online auction - terms and conditions apply
Detached house
Ideal investment opportunity
In need of renovation
Local to schools
No onward chain
Converted to four flats
Off road parking
Summary
This substantial detached house presents an exceptional opportunity for those seeking a property with impressive scope and versatile usage. Currently configured as four self-contained flats, the property is particularly well-suited to investors or those wishing to pursue renovation projects. With six bedrooms and four bathrooms, the extensive accommodation provides flexibility for a range of potential layouts. Four spacious public rooms offer significant living and entertaining space, enhancing the overall sense of scale throughout the house.
Externally, the property boasts a private garden, which delivers a valuable area for outdoor leisure or gardening pursuits. Further benefiting from a driveway, the property includes convenient off-road parking for residents and visitors alike. Gas central heating is installed, ensuring efficient warmth throughout the building.
The residence is offered with no onward chain, facilitating a potentially straightforward transaction for interested parties. Additionally, it is available to purchase via the modern method of auction. The property's location is in close proximity to local schools, adding to its appeal for those with educational requirements or considering future lettings. Notably, the property is in need of renovation, presenting a chance to modernise and enhance to individual specification.
Local area
Gainsborough in Lincolnshire is a well-established town offering a variety of amenities to residents, including shopping, dining, and leisure facilities. The area is known for its accessible transport links and community atmosphere. Proximity to local schools, parks, and essential services positions this location as a practical choice for a range of prospective buyers or tenants. The blend of heritage and convenience in Gainsborough continues to attract those seeking a well-connected Lincolnshire setting.
Council Tax Band: A
Tenure: Freehold
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision 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 proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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