Lot 7 - 9 Thorndike Mews, King Street East, Gainsborough, Lincolnshire, DN21 1LN

Unconditional Online Auction Sale
Guide Price* : £40,000

2 bedroom flat
Convenient location
0.5 mile to town centre

Two bedroom flat within a purpose built block

Description

The sale is by a Mortgagee not in Possession so internal access or viewings is not possible. We understand that the property comprises a 2 bedroom flat within a purpose built flat, but accommodation and condition cannot be confirmed.

Location

Situated approximately 0.5 mile south of Gainsborough town centre, with access to Thorndike Mews from King Street East. There is access to local bus routes and local neighbourhood retail facilities on both Bridge Road and Trinity Street.

Tenure

Leasehold for 999 years from 1st November 1989 at a ground rent of £25 per annum.

Accommodation

Understood to comprise a 2 bedroom flat (as per the lease plan), but interested parties should rely on their own enquiries.

Outside

Allocated car parking space.

EPC

Energy Asset Rating is C.

Buyers Administration Fee

There will be a Buyer's Administration Fee of £1,920 (inc VAT) payable upon exchange of contracts.

Additional Information

1. Completion will take place 14 days from the date of exchange.

2. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.

3. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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