15 Great North Road, Great Ponton, Grantham, Lincolnshire NG33 5DN

A period, detached, brick and stone cottage situated in the village of Great Ponton.

The property is being sold subject to tenancy and is let at £810 pcm/£9720 per annum.

Accommodation comprises - Dining Hallway, Lounge, Kitchen, Rear Lobby, Utility/W.C., Landing, Three Bedroom and Bathroom/W.C.

Outside offers an enclosed garden to the rear and further garden to the right hand side.

Well placed for access to the A1 and the towns of Grantham, Melton Mowbray and Oakham are all within easy reach.

An excellent investment opportunity with income from day one.

Note- the EPC has been exempted as money has been spent recently on uPVC double glazing.

Auction Details

The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.

Binding contracts will be exchanged at the point of sale.

All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.

Auction Deposit and Fees

The following deposits and non-refundable auctioneers fees apply, and are payable immediately upon exchange of contracts:

• 5% deposit (subject to a minimum of £5,000)

• Buyer’s Fee of 4.8% inc. VAT of the purchase price (subject to a minimum of £6,000 inc. VAT)

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information

For full details about our auction processes, please refer to the Bidder Terms which can be viewed on our home page.

This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.