301 Newark Road, North Hykeham

Guide Price
£260,000
For Sale
1/20
Guide Price
£260,000
For Sale
Emily Maplethorpe
Sales Manager
01522 568822
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Property summary

Freehold
Modern Method Of Auction - T & C's Apply
Reservation Fee Payable
Detached House
5 Bedrooms
Living & Dining Room
Good Size Non Estate Plot
Driveway Parking
Sought After Location
EPC Rating - D, Council Tax Band - D

Get in touch

Emily Maplethorpe
Sales Manager
01522 568822

More about the property

Modern Method of Auction – T & Cs Apply

An attractive double bay fronted Detached house with a good size non estate plot. 

This spacious three storey, Five Bedroom home is ideally situated in the popular residential area of North Hykeham, close to excellent local amenities including primary and secondary Schools, Healthcare services and Supermarkets. The location also benefits from great transport links with easy access to public transport including Hykeham train station being within walking distance. The generous living accommodation briefly comprises of, Entrance Hallway, Living Room, Dining Room, Fitted Kitchen, and Utility. The first floor having Family Bathroom and three Double Bedrooms. The Second floor has two further Double Bedrooms. 

Outside there is an extensive driveway providing parking for several vehicles. To the rear there is a good size rear garden. Viewing is highly recommended. 

Agent’s Note – The sale is subject to a Grant of Representation (Probate) which is to be applied for but has not been granted yet.

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Further Information - tap an option below
Your mortgage could be £620 per month*
Mortgage
Rate
Term
Adjust the options above to calculate a monthly payment
* 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

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: 6 Mbps / Upload: 1 Mbps or less
Superfast: Download: 47 Mbps / Upload: 12 Mbps
Ultrafast: Download: 10000 Mbps / Upload: 10000 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.

£500 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. 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 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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 INFORMATION PACK
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.
Lounge
4.62 x 3.28m
Dining Room
4.6 x 3.61m
Kitchen
4.24 x 2.34m
WC
Bedroom 1
3.99 x 3.61m
Bedroom 4
3.96 x 2.72m
Bedroom 5
3.53 x 2.41m
Shower Room
3.56 x 2.36m
Bedroom 2
3.35 x 3m
Bedroom 3
3 x 3m
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