4 Abbot Street, Lincoln, Lincolnshire, LN5 7SN

Ref: Lot 2

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Registration Guide

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Town & Country Property Auctions East Midlands
Town & Country Property Auctions East Midlands

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Description

Presented by Town & Country Property Auctions – East Midlands Office

This attractive and well-maintained three-bedroom mid-terrace property offers spacious accommodation arranged over three floors, making it an appealing opportunity for both owner-occupiers and property investors.

The ground floor features a welcoming layout with a bright open-plan kitchen and dining area, creating an ideal space for family living and entertaining. In addition, there is a practical utility room providing valuable storage and laundry space, together with a convenient ground-floor W/C.

The first floor comprises two well-proportioned bedrooms, offering comfortable accommodation suitable for family members, guests, or home-working requirements.

Occupying the top floor is a spacious third bedroom, complemented by a family bathroom, creating a private and versatile living area that could serve as a principal bedroom suite or independent guest accommodation.

Externally, the property benefits from the charm and character associated with traditional terrace homes while offering flexible living space across three levels.

Key Features
Attractive three-bedroom mid-terrace house
Accommodation arranged over three floors
Open-plan kitchen and dining room
Separate utility room
Ground-floor W/C
Two bedrooms on the first floor
Spacious third-floor bedroom
Family bathroom
Suitable for owner-occupiers and investors
Excellent buy-to-let or resale potential
Investor Appeal

This property presents an excellent investment opportunity due to its practical layout, three-bedroom configuration, and growing demand for well-presented family homes. The accommodation spread across three floors maximises usable living space and offers strong rental appeal to families, professionals, or sharers. Its versatile design also provides potential for attractive rental yields and future capital growth, subject to market conditions.

Auction Information

Early registration is highly recommended to avoid disappointment.

Presented by Town & Country Property Auctions – East Midlands Office.

Prospective purchasers should review the legal pack and all auction documentation prior to bidding. Interested parties are encouraged to register in advance and make all necessary enquiries before the auction

Buyers Premium

* Plus 5% Buyers Premium plus VAT

Pre Auction Offers Are Considered

The seller of this property may consider a pre-auction offer prior to the auction date.  All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit.  To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.  To find out more information or to make a pre-auction offer please contact us.

Special Conditions

Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’.  Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.

Key Feature 1

Attractive three-bedroom mid-terrace house

Key Feature 2

Accommodation arranged over three floors

Key Feature 3

Investor Appeal


* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.

We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.

Viewing: Due to the nature and condition of auction properties, the auctioneers highlight the potential risk that viewing such property carries and advise all to proceed with caution and take necessary requirements to ensure their own safety whist viewing any lots offered. Viewings are conducted entirely at the potential buyers own risk, these properties are not owned or controlled by Town & Country Property Auctions and the auctioneers will not be held liable for loss or injury caused while viewing or accessing the lot. Due to the nature of some auction properties, electricity may not be turned on, therefore viewing times are restricted. Viewers will need to bring their own lighting/ ladders if wanting to inspect cupboards, cellars and roof spaces. Some viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Town & Country Property Auctions will not be liable for any costs or losses incurred due to viewing cancellations or no shows.

All auctioneer fees and deposits stated are non-refundable. The deposit will be applied toward the final purchase price. Auctioneer fees, while not contributing to the purchase price, will still be included in the total chargeable consideration of the property when calculating Stamp Duty Land Tax, Land Transaction Tax, or Land and Buildings Transaction Tax (as applicable depending on whether the property is located in England, Wales, or Scotland).

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