Hood Street, Lincoln, LN5

2 bedroom Terraced House For Sale

Guide Price £70,000 | Available

2 Bedrooms
1 Bathrooms
1 Receptions
68 SQFT

Lincoln – North Hykeham

32 The Forum, 
North Hykeham, 
Lincolnshire, 
LN6 8HW
Standout Features

Property Description

Two-bedroom terrace near city centre, offered via auction with no chain. Needs modernisation. Ideal for first-time buyers or investors. Starting bid £70,000.

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £70,000
This two-bedroom terrace is a fantastic opportunity for first time buyers or investors, offered for sale with no onward chain for a hassle-free purchase. Located just a short distance from the city centre, you’ll have easy access to all the shops, cafes, and amenities you could need. The property itself is in need of modernisation, making it perfect for anyone looking to add their own style and value. The layout includes a welcoming lounge, a kitchen that’s ready for a refresh, two comfortable bedrooms, and a bathroom. With good proportions throughout, there’s plenty of potential to create a cosy home or a smart rental investment. Whether you want to roll up your sleeves and get stuck into a project or are simply looking for a property with solid fundamentals in a great location, this terrace ticks all the right boxes. The modern auction method means a transparent and straightforward buying process, so you can move quickly to secure your next home or investment. Don’t miss your chance to put your own stamp on this well-located property and make it your own. Book your viewing today and see the potential for yourself.

Additional Information
Tenure:
Freehold
Council Tax Band:
A
Rooms
Living Room

Double glazed window to the front aspect, and a radiator

Dining Room

Double glazed window to the rear aspect, under the stairs storage, and a radiator

Kitchen

Double glazed window to the side aspect as well as UPVC door leading to the garden, a range of wall and base units with worktops, tiled splashback, electric hob with extractor fan, sink with mixer tap and space for plumbing for a washing machine

Master Bedroom

Double glazed window to the front aspect, over stair storage, and a radiator

Bedroom Two

Double glazed window to the rear aspect, access to the bathroom, and a radiator

Bathroom

Double glazed frosted glass window to the side aspect, bath up with overhead shower and tiled splashback, hand wash basin, airing boiler cupboard, radiator and a WC

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and
are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction
terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The
Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being
shared between both any marketing agent and The Auctioneer in order that all matters can be dealt
with effectively.

Auctioneers Additional Comments

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will
be required to adhere to a verification of identity process in accordance with Anti Money Laundering
procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with
the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied
by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will
typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.
These prices are subject to change.An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold
prior to the end of the auction.

Auctioneers Additional Comments

A Legal Pack associated with this particular property is available to view upon request and contains
details relevant to the legal documentation enabling all interested parties to make an informed
decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’
commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding
with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts
the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the
purchase price of the property. The deposit will be a contribution to the purchase price. A nonrefundable
reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc
VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the
agreed purchase price and consideration should be made by the purchaser in relation to any Stamp
Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to
pass their details to third party service suppliers, from which a referral fee may be obtained. There is
no requirement or indeed obligation to use these recommended suppliers or services.


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Hood Street, Lincoln, LN5

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