Auction Property 3 Bed House 

Kings Road, Barnetby

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Features

  • Auction Date: 20th & 21st November 2019
  • Three bedroom newly built semi detached family home
  • Sought after desirable village location
  • Two parking spaces
  • 10 year guarantee
  • Substantial discount from full market value
  • Freehold with vacant possession
  • Close to local amenities

Quick Details

3 Bedrooms1 Reception1 Bathroom

Address

24 Kings RoadBarnetbyLincolnshireDN38 6HJ
Details
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Property Details

•Auction Date: 20th & 21st November 2019
•Three bedroom newly built semi detached family home
•Sought after desirable village location
•Two parking spaces
•10 year guarantee
•Substantial discount from full market value
•Freehold with vacant possession
•Close to local amenities

The property is located in the village of Barnetby-Le-Wold in North Lincolnshire. The village enjoys a good range of local amenities including Primary school, shops, doctors surgery, Post Office, public house and railway station. There is a larger range of amenities in the historic market town of Brigg (4 miles) and the town of Caistor (7 miles) has an excellent Grammar School.

The property is entered via the main front door leading to a forward facing lounge/diner, well appointed kitchen and a ground floor cloakroom.

A central landing serves the three bedrooms, one with en-suite shower room. There is a together a family bathroom with a three piece suite.

There is parking for two cars at the property and gardens laid to lawn to the rear.

The property also comes with a 10 year guarantee.

Accommodation

85sq m (915 sq ft)

Services

We understand the property to have mains electricity, water and drainage. Prospective purchasers are advised to make their own enquiries.

Tenure

Freehold with vacant possession.

Investment Analysis

Should the property be bought to the rental market we envisage a market rent of £550 - £575 Pcm (£6,600 - £7,200 pa) could be achieved representing a gross yield of between 6.0% and 6.5% based on the guide price.

I addition, the property is being offered to auction at a heavily discounted market rate providing an instant gain in capital

Council Tax

The property is rated in council tax band A and the rate payable for 2019/2020 is £1207 pa

Guide Price

£110,000+

Buyers Premium

2% (min. £3,600) inc. VAT

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