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3 bedroom flat for sale
31a London Road, Grantham, Nottinghamshire NG31 6EX
£37,000
31a London Road, Grantham, Nottinghamshire NG31 6EX
£37,000
Our Summary
- For sale on 29 May 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- The property requires some modernisation but offers extremely spacious accommodation
- An ideal buy to let investment opportunity with estimated rental value of £675 pcm / £8100 per annum after modernisation
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 29
- Requires Some Modernisation
Description
A large duplex apartment is up for auction on May 29, 2025, with a guide price and a reserve price to be determined. The property, located in the heart of Grantham, requires some modernization but offers spacious accommodation with three bedrooms, a bathroom, lounge/diner, and breakfast kitchen. It features UPVC double glazing and electric heating. The property is situated in a conservation area, and prospective buyers are advised to make independent enquiries prior to bidding. The estimated rental value is £675 per month, or £8,100 per annum, after modernization. The property is being sold as a leasehold, with an EPC rating of F. The auction will be broadcast online, and bids can be made in person, by proxy, or by phone. A 5% deposit and a buyer's fee of 4.8% of the purchase price will be required.