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14 INVESTMENT - TWO RESIDENTIAL FLATS, Westgate, Sleaford

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£70,000

For Sale

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Property summary

Freehold

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)

Get in touch

Jasper Caudwell

MRICS BSc (Hons)

Chartered Surveyor

03301280939

More about the property

*****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.

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Your mortgage could be £620 per month*

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* Our mortgage calculator is only intended as a guide to help you calculate monthly mortgage payments based on the variable details entered (mortgage amount, interest rate, term). Buying a property is a significant event in any person’s life and it always makes sense to take some mortgage advice. Pygott & Crone offer a free initial consultation on a very personal basis, and can help you through the process of getting a mortgage, arranging insurance for your property and setting out other important options for consideration. Talk to us about your options

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: 19 Mbps / Upload: 1 Mbps or less

Superfast: Download: 80 Mbps / Upload: 20 Mbps

Ultrafast: Download: 1000 Mbps / Upload: 220 Mbps

Accommodation

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.

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