15 Beresford Drive, Sudbrooke
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Modern Method of Auction – T & Cs Apply
A well presented Four Bedroom Detached Family Home located within the desirable village of Sudbrooke being offered to the market with no onward chain. Internally the accommodation briefly comprises of an Entrance Hall, Downstairs WC, Lounge, Conservatory, Dining Room, Kitchen, Utility, first floor landing, Four Bedrooms, En-Suite to Bedroom One and a Family Bathroom.
Externally, the property enjoys a tucked away position within this pleasant cul de sac and has ample off road parking leading up to the double garage. The rear garden is generously laid to lawn with a patio area, all of which is fully enclosed to perimeters.
The village of Sudbrooke is approximately four miles North East of Lincoln, with easy access to Lincoln City Centre and convenient access to schooling of all grades, shops and leisure facilities in Uphill Lincoln and the neighbouring villages.
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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.
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.
This property is for sale by the Modern Method of Auction. Should you view, offer, or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability, and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
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