For Sale - Sea Lane, Ingoldmells, Skegness, PE25 - Auction guide price of £140,000
3 Bedrooms
1 Bathroom
2 Receptions
"For Sale By Online Auction. Starting Bid £140,000. Terms and conditions apply." A detached bungalow positioned on a large plot in a great spot in the centre of this very busy and poular seaside village, just a short walk from all the amenities as well as a few minutes from the sea front and beach. The property currently benefits from planning permission to use the the frontage for "mixed use as a domestic drive and outdoor retail area" and it may be possible to develop or cange the use of the site further (subject to any relevant planning permissions/building regulations). The property comprises a three bedroom bungalow offering accommodation comprising dining kitchen, lounge, side conservatory, three bedrooms & bathroom. Benefits include gas central heating & uPVC double glazing. Outside, there is an extensive frontage including the driveway with a small concrete courtyard to the rear. The property itself requires extensive renovation and refurbishment (including asbestos removal). Offered for sale with no upward chain - available for a quick sale if required.
| Kitchen | 18'11" x 7'9" (5.77m x 2.36m) Having single drainer stainless steel sink set in worksurfaces extending to fitted base cupboards, breakfast bar, space & plumbing for washing machine, space for under counter fridge & freezer, range of fitted cupboards housing "Worcester" condensing combination central heating boiler, radiator, two ceiling light points, uPVC entry door. | |||
| Inner Hall | Having two radiators, fitted cupboards, two ceiling light point. | |||
| Lounge | 18'9" x 7'9" (5.72m x 2.36m) Having electric fire, radiator, wall mounted light point, two ceiling light points, timber entry door to:- | |||
| Side Conservatory | 9'5" x 8'3" (2.87m x 2.51m) Having uPVC entry door. | |||
| Bedroom One | 15'11" x 8'6" (4.85m x 2.59m) Having fitted cupboard, radiator, ceiling light point. | |||
| Bedroom Two | 14'1" x 7'7" (4.29m x 2.31m) Having radiator, ceiling light point. | |||
| Bedroom Three | 9'1" x 7'7" (2.77m x 2.31m) Having fitted cupboard, radiator, ceiling light point. | |||
| Shower Room | 7'8" x 5'6" (2.34m x 1.68m) Having a three piece suite comprising shower tray with mains mixer shower over, low level WC, pedestal hand wash basin, radiator, ceiling light point. | |||
| Outside | Outside, the property is approached over a long concrete driveway extending to the front of the bungalow, with an extensive frontage partly gravelled/stone chipped for vehicle standing or for 'retail' if required. There is a small concrete courtyard to the rear. | |||
| Agents Notes:- | FOR SALE BY ONLINE AUCTION - terms and conditions apply.
Auction Bidding page:-
to follow shortly
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid, once submitted, cannot be withdrawn by me at any time before 1 hour after the close of the auction. My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
At the point of registration you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within five business days. If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the balance outstanding balance (if applicable) at which point you can opt to use the same card.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid for 15 minutes. After 15 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met. If there is another bid within 15 minutes of the last bid, the auction countdown timer will be restarted for another 15 minutes to allow further bidding. This system avoids last minute (or second) bidding, and makes for a fairer auction as in a live room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late, and reserves the right to reject any bid without notice.
Minimum online bidding increments:
Up to £50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £1 million - £2,000 minimum bid
£1 million+ - £2,500 minimum bid
Please note this bidding process applies specifically to online auctions. |
IMPORTANT NOTICE
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.
Close
Up to £
Above £
Stamp Duty for Sea Lane, Ingoldmells, Skegness, PE25
Total SDLT due
Below is a breakdown of how the total amount of SDLT was calculated.
Up to £500k (Percentage rate 0%)
£ 0
Above £500k and up to £925k (Percentage rate 5%)
Above £925k and up to £1.5m (Percentage rate 10%)
Above £1.5m (Percentage rate 12%)
Up to £500k (Percentage rate 0%)
£ 0
*This is for illustrative purposes only
Below is a breakdown of how the total amount of SDLT was calculated.
Up to £125k (Percentage rate 0%)
£ 0
Above £125k and up to £250k (Percentage rate 2%)
Above £250k and up to £925k (Percentage rate 5%)
Above £925k and up to £1.5m (Percentage rate 10%)
Above £1.5m (Percentage rate 12%)
Up to £300k(Percentage rate 0%)
£ 0
Above £300k and up to £500k (Percentage rate 0%)
Up to £300k (Percentage rate 0%)
£ 0
Above £300k and up to £500k (Percentage rate 5%)
*This is for illustrative purposes only