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Westgate, Sleaford, Lincolnshire, NG34

Key features

  • MODERN METHOD OF AUCTION - T & Cs APPLY
  • RESERVATION FEE PAYABLE
  • Subject to a Reserve Price
  • Residential Investment Opportunity
  • Within Grade II Listed Premises
  • 1 Bed Ground Floor Flat - £430 pcm
  • 1 Bed First Floor Flat - £430 pcm
  • Town Centre Location, Excellent Opportunity
  • EPC RATING - E (14), EPC RATING - E (14a)

Description

*****This property is for sale by Modern Method of Auction and viewer/bidder information will be shared with the Auctioneer, IAM-Sold. A non-refundable Reservation Fee of 4.2% of the purchase price inc VAT, subject to a minimum of £6,000 inc VAT is payable by the winning bidder *****

Residential investment opportunity producing an annual rental income of £10,320 Per Annum. The property is Grade II listed and comprises two fully let (each at £430 PCM) self-contained one bedroom apartments situated in Sleaford's town centre.

An excellent opportunity and further information is available from the selling agents.

Location

Sleaford sits on the cross roads of the A17 and A15 providing excellent access to several major towns together with the Cathedral City of Lincoln with its relatively new University, Peterborough and Nottingham. Sleaford is a fast expanding town offering a wide selection of businesses and shops including national retail outlets. Extensive social facilities and amenities include medical centre, leisure centre, sports complex, football, rugby and cricket clubs together with a number of churches. The town offers excellent primary and secondary schools. The A1 and Inter City rail services to London Kings Cross and Scotland are available at either Grantham 17 miles away or Newark some 18 miles away.

Unknown

14 Westgate - One bedroom ground floor flat with an open plan living area and ensuite shower room. No 14 is let on an AST from 07.07.2019 with a current passing rent of £430 PCM.

SERVICES

Pygott and Crone have been made aware that mains water, electric and drainage are connected to the property.

TENURE

The freehold of the property is for sale via the modern method of auction. See Buying Conditions for further information on this method of sale.

Unknown

Both flats have Council Tax Band ratings of A.

Energy Performance Certificate

14 Westgate - EPC rating of an E and is valid until 27 March 2028.

LOCAL AUTHORITY

North Kesteven District Council

VIEWINGS

Viewings can be arranged via the acting agents Pygott and Crone.

Energy performance certificate - ask agent

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: TBC

Westgate, Sleaford, Lincolnshire, NG34

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Sleaford Station0.2 miles
  • Rauceby Station2.1 miles
  • Ruskington Station3.2 miles
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About the agent

Pygott & Crone, Lincoln

36a Silver Street Lincoln Lincolnshire, LN2 1EW

Pygott & Crone, Lincoln

Pygott and Crone have been established since 1991, originally founded with one office in Sleaford, the company now covers the whole of Lincolnshire, more recently expanding into Nottinghamshire and working throughout the UK within certain specialist departments.

The company is a mixed practice covering Residential Sales, Financial Services, Auction, Residential and Commercial Letting, Commercial and Professional valuation, Surveying, Land and New Homes. Our specialist teams are happy to

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Disclaimer - Property reference 10360498. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pygott & Crone, Lincoln. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pygott & Crone, Lincoln on 01522 303818.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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