31 Newland Street West, Lincoln

Guide Price
£160,000
For Sale
1/22
Guide Price
£160,000
For Sale
Emily Maplethorpe
Sales Manager
01522 568822
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Property summary

Freehold
Modern Method of Auction - T & Cs Apply
Reservation Fee Payable
No Onward Chain
Investment Property or Residential Home
4/5 Bedrooms
Rear Courtyard
Highly Sought After Location
Family Bathroom & En-Suite WC
EPC Rating - D, Council Tax Band - A

Get in touch

Emily Maplethorpe
Sales Manager
01522 568822

More about the property

For Sale by the Modern Method of Auction – T & Cs Apply

Pygott and Crone are delighted to present this 4 Bedroom Terraced home (5 Lettable Room’s) ideally located within the sought after West End.

The property has formally been let as a Multiple Occupancy property to Students with 5 lettable Rooms however is to be sold vacant. The property could therefore be used as a residential home, or continued on as an investment property, with a potential income of £28,000 p/a. The ground floor living accommodation briefly comprises; Entrance Hallway, Lounge (Bed 5), Dining Room, Kitchen and Bedroom with En-Suite WC. To the first floor are a further three generous Bedrooms and a Family Bathroom. Externally, property benefits from a wall enclosed gravel area with pathway to the front door and a fully enclosed courtyard to the rear.

Newland Street West is is desirably located within the sought after West End area of Lincoln and is conveniently located close to a range of amenities within walking distance, as well as having access to the West Common areas cycle tracks.

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Further Information - tap an option below
Your mortgage could be £620 per month*
Mortgage
Rate
Term
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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: 16 Mbps / Upload: 1 Mbps or less
Superfast: Download: 80 Mbps / Upload: 20 Mbps
Ultrafast: Download: 1000 Mbps / Upload: 1000 Mbps

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 £349.00 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.
Entrance Hall
Lounge/Bedroom 5
4.11 x 3.51m
Dining Room
3.63 x 3.48m
Kitchen
3 x 2.39m
Bedroom 3
3.89 x 2.31m
WC
First Floor Landing
Bedroom 1
3.63 x 3.15m
Bedroom 2
3.66 x 2.82m
Bedroom 4
3.63 x 2.03m
Bathroom
3.02 x 2.39m
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