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Firethorn, Main Street, Boothby Graffoe, Lincoln LN5 0LE

Lot no: 46 Re-entry to a future auction
 

Guide Price £250,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 22nd August 2024

9.00am
Key Features
  • Former 4 Bedroom Detached property set on a substantial plot
  • Desirable village location with field views and surrounded by Lincolnshire Countryside
  • Huge potential to add value once the project is completed
  • Property has been significantly remodelled and requires completion
  • Open Plan Kitchen/Living/Dining Room
  • 3 Bedrooms, family bathroom and ensuite to master bedroom
  • Potential for annexe STP for the lower floor garage, workshop, boiler room
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Re-entry to a future auction

Detached house

Property Description:

A former 4 bedroom detached property in an extremely desirable village location with huge potential to add value once building works are completed. Occupying a significant plot this property has undergone a major transformation which is in need of finishing but with further potential to convert part of the property - currently a garage, workshop and boiler room.

The property can be viewed and boasts a superb transformation and reconfiguration from its former layout. Upon entering there is a huge open plan kitchen/living/dining room, which once finished will be simply stunning, to go along with 3 double bedrooms, family bathroom and ensuite to the master.

Gardens surround the property from all sides and have some wonderful field views and surrounding countryside.

Please click on the virtual tour to watch a walkthrough video with commentary from our National Valuer Jim before you book on to a viewing to fully appreciate the potential this property has to offer.

Open Plan Kitchen/Living/Dining Room
Master Bedroom with Ensuite
Bedroom Two
Bedroom Three
Family Bathroom
Garage
Workshop
Boiler Room
Additional Information:

Construction Material: Standard brick. Heating: TBC. Coverage: Broadband - Standard and Superfast is available in this location. Mobile signal - O2, Vodafone, EE and Three show as medium in this area. Satellite and Cable - BT and Sky show as available in this area.

Note

Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

Garage, Driveway



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

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 Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will 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. A full definition can be found within the Buyers Terms.
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