House For Sale Main Street, Lincoln, LN4

£100,000

Auction Property
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We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 26th June 2024

Description


SUMMARY
Guide Price £100,000-£115,000. Great investment opportunity. Detached property located in the village of Dorrington, with transport links to Sleaford and Lincoln with no onward chain. The seller is in the process of applying for conversion back to residential use for a one bedroom detached property.


DESCRIPTION
A detached property which is currently a commercial building, located in Dorrington which is a village positioned north of Sleaford. The seller is in the process of applying for conversion back to residential use. Please check with the auctioneer and legal pack regarding the current status. The proposed layout is to comprise an open plan kitchen/living space to the ground floor, with a bedroom and bathroom to the first floor.

The property has previously been used as a convenience store with a shop area on the ground floor. Currently, there is a room to the first floor, shower area and WC with a basin.

Ruskington is located close by, approximately 2 miles, from Dorrington and offers an array of amenities including, eateries, schools and convenience stores.

Ground Floor 
Shop area.

First Floor 
There is a room with a shower area and WC positioned off.

Agents Note 
At the time of marketing being released the seller is in the process of making an application for conversion back to residential use. Therefore, the property is being offered for sale as a commercial building. Please contact the auctioneer and check the legal pack for an up-to-date status at the time of going to auction.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.\r
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.\r
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.\r
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.\r
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Agent Details
William H. Brown
75 Southgate, Sleaford, NG34 7TA
Show Contact Number
01529 303 040

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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