** ATTENTION INVESTORS! ** For sale by Modern Method of Auction; Starting Bid Price £80,000 plus Reservation Fee. Currently let and producing rental income - Northwood are delighted to present this 2 bedroom, first floor apartment within the popular market town of Market Rasen, close to local amenities. The property currently produces a monthly rental income of £495. Viewing is essential to appreciate the potential of this well presented apartment in a great location. The apartment benefits from one allocated parking space at the rear, two good sized bedrooms, a large lounge and spacious kitchen/diner. Call Northwood Lincoln on 01522 525555 to view today!
This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% + Vat subject to a minimum of £5000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by East Midlands Property Auctions powered by "iam-sold Ltd". TO VIEW OR MAKE A BID Contact Northwood Lincoln or visit: https://www.northwooduk.com/branches/lincoln-estate-agents/sales
Kitchen/Diner 2'46" x 8'15" (1.77m x 2.81m)
Dining kitchen with electric oven/hob , laminate work tops with a range of base and eye level units, sink and dining space.
Lounge 4.87m x 5.78m (16'0" x 19'0")
Spacious lounge with window to the front aspect
Bedroom 1 4.68m x 3.55m (15'4" x 11'8")
Good sized double bedroom.
Bedroom 2 4.10m x 3.05m (13'5" x 10'0")
Bathroom 2.98m x 2.67m (9'9" x 8'9")
With toilet, sink and shower over bath.
Front door opens into the hallway, with bathroom to right, bedrooms at the end of the hallway and lounge to the left.
One allocated parking space to the rear of the apartment building.
- ATTENTION INVESTORS!
- Currently let and producing rental income
- First Floor Apartment
- Two Double Bedrooms
- Dining Kitchen
- Allocated Parking