1 Heapham Road, Gainsborough, DN21 1SJ

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, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days.

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 make payment of a non-refundable Reservation Fee of 4.5% to a minimum of £6,600.00 including VAT 4.5% of the final agreed sale price including VAT.

This is subject to a minimum payment of £6,600.00 including VAT. Which secures the transaction and takes the property off the market.

Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability.

Further clarification on this must be sought from your legal representative.

The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed.

Copies of the Reservation from and all terms and conditions can be found in the Buyer Information 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 Northern Lincolnshire Property Auction powered by iam Sold.

Reservation Fee is in addition to the final negotiated selling price.

Situated in a central location within Gainsborough, this fantastic investment opportunity is offered for sale with no onward chain.

Occupying a prominent plot close to a wide range of amenities and excellent transport links, the property comprises a spacious detached family home alongside a separate detached new-build, both included within the sale.

The traditional detached home briefly comprises an entrance hall, a spacious lounge/dining room, a fitted kitchen, and a modern shower room/utility.

To the first floor are three generously sized bedrooms, served by a family bathroom suite.

The detached new-build property features an entrance hallway, ground floor WC, integral garage, and an additional double garage.

To the first floor is a generous kitchen/diner and a versatile living space or bedroom, along with a family bathroom.

The second floor boasts an impressive master bedroom with a striking balcony window and a generously sized en-suite.

Both properties would benefit from a scheme of modernisation and renovation, presenting an excellent opportunity for investors or buyers seeking a project with significant potential.

Early viewing is highly recommended.

En-Suite (4.14m x 2.38m) Bedroom 2 (6.15m x 4.14m) Landing (2.07m x 1.83m) Bedroom 1 (5.76m x 3.17m) Kitchen/Diner (5.76m x 3.19m) Bathroom (2.07m x 1.80m) Double Garage (5.76m x 4.85m) Garage (5.76m x 2.73m) Lounge (5.96m x 3.68m) Bathroom (3.35m x 3.05m) Bedroom 3 (4.00m x 3.81m) Bedroom 2 (3.81m x 3.01m) Bedroom 1 (3.68m x 2.81m) Entrance Hall (3.99m x 2.04m) Shower Room/Utility Room (3.16m x 3.05m) Kitchen (3.31m x 3.05m) Dining Room (3.99m x 3.82m)