94a, High Street, Martin

Guide Price
£200,000
For Sale
1/25
Guide Price
£200,000
For Sale
Lucinda Padgett-Blythe
Sales Negotiator
01529 414333
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Property summary

Freehold
Modern Method Of Auction - T & C's Apply
Reservation Fee Payable
Unusual but exciting opportunity
2 bed, 2 bathroom, 2 reception room bungalow
Currently used as 2 dwellings
Extensive gardens back on to farmland and plenty of parking
Planning for detached 3 bedroom house
Immense potential for variety of uses
Multi generation living, holiday lets etc
No onward chain
EPC Rating - F, Council Tax Band - A
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Lucinda Padgett-Blythe
Sales Negotiator
01529 414333

More about the property

Modern Method Of Auction – T & C’s Apply

Exciting opportunity and offered for sale with no onward chain. A two bedroom, two bathroom, & two reception room bungalow with a large conservatory together with gardens that have planning permission for the erection of a detached three-bedroom house. This provides immense potential, once built, to use the overall accommodation in a variety of ways over and above as a straight forward multi generation home. For example, shorthold lettings or even holiday lettings. The property enjoys a pleasant location toward the centre of this small but popular village. The bungalow is currently divided in to two separate dwellings and the new build has to be in conjunction with the original property as an annexe.

The existing bungalow(s) comprise – hall, sitting room, conservatory, kitchen, bedroom and bathroom together with further accommodation in the adjoining of hall, kitchen, sitting room with fold away bed, bedroom and shower room. The properties have electric heating.

The detached annexe was granted permission by North Kesteven District Council on 13.10.2017 under application reference 17/0928/FUL for the erection of detached annexe. Link to NKDC planning portal

17/0928/FUL | Erection of detached annexe | Land Adjacent To 94A The Stables High Street Martin Lincoln Lincolnshire LN4 3QT

This would provide accommodation to include hall, WC, lounge, study or potential 4th bedroom, dining kitchen, landing, three double bedrooms, en suite shower room and main bathroom.

Outside the property has an extensive driveway providing ample parking. The main grounds are to the rear and currently extensive lawn backing on to adjacent farmland hence quite private.

AGENTS NOTE The property is situated in a conservation area. The driveway is owned by 94a but nos 92 and 94 have a right of access over and share maintenance costs. There is a public footpath through the property but we are informed by the vendors that to their knowledge this has not been used during their ownership.

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Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Stonebow works with Pygott & Crone Estate Agents to provide their clients with expert mortgage and protection advice. Stonebow has access to over 12,000 mortgages from 90+ lenders, so we can find the right mortgage to suit your individual needs. The expert advice we offer, combined with the volume of mortgages that we arrange, places us in a very strong position to ensure that our clients have access to the latest deals available and receive a first-class service. We will take care of everything and handle the whole application process, from explaining all your options and helping you select the right mortgage, to choosing the most suitable protection for you and your family.

Property documents

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Broadband

Below is an estimate of broadband speeds and availability at this property. This data has been sourced from Ofcom and should only be used as a guide. For more precise speeds and availability consult a broadband provider. NB: Mbps = Megabits (or "meg") per second.

Standard: Download: 17 Mbps / Upload: 1 Mbps or less
Superfast: Download: 53 Mbps / Upload: 8 Mbps
Ultrafast: Download: 900 Mbps / Upload: 450 Mbps

Stamp Duty Land Tax

Below is an illustration of the Stamp Duty Land Tax ("Stamp Duty") that would be payable, based on a set of assumptions. You should always check your stamp duty liability and any other costs due with your solicitor or conveyancer.

£1500 would need to be paid in stamp duty on purchasing this property, assuming that you are purchasing freehold, purchasing as an individual (or jointly with someone else), and this will be your only property.

First Time Buyers may claim a discount (relief) on purchases of £625,000 and under.

The stamp duty for first time buyers would therefore be £0.

Accommodation

BUYING CONDITIONS
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Entrance Hall
Rear Bungalow Kitchen
3.34 x 2.99m
Bathroom
2.38 x 3.33m
Rear Bungalow Sitting Room
4.15 x 3.34m
Rear Bungalow Conservatory
3.9 x 3.46m
Rear Bungalow Bedroom
3.75 x 3.32m
Front Bungalow Kitchen
3.26 x 3.16m
Front Bungalow Sitting Room
4.79 x 3.01m
Shower Room
2.06 x 1.76m
Front Bungalow Bedroom
3.26 x 2.81m
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