The Cottage, Swarby, Sleaford, Lincolnshire, NG34 8TQ
- PROPERTY TYPE
Semi-Detached
- BEDROOMS
2
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
TCPA East Midlands is delighted to present this highly attractive value-add refurbishment opportunity, offered at a significant discount to its potential market value.
The property comprises a two-bedroom, semi-detached, two-storey cottage, set on a substantial plot of land with an existing barn and considerable scope for further enhancement. The combination of the existing accommodation, land, outbuilding and potential for extension makes this an opportunity with the potential to create a truly distinctive residential property.
Value-Add Potential
The current seller has already completed a significant amount of preparatory work, including:
New roof installed
Ceilings plastered
Electrical re-wiring undertaken
Garden cleared and substantially improved
As a result, the property may offer a relatively straightforward refurbishment opportunity for an investor, developer or owner-occupier, subject to inspection and the buyer's own assessment of the remaining works.
Based on the information currently available, the property is being offered at a price that represents an indicative potential discount of more than £100,000 against comparable market values, subject to the buyer independently verifying all assumptions, comparable evidence, costs and end values.
There may also be potential for an extension, subject to obtaining the necessary planning permission and all relevant consents (STPP).
An Opportunity for Investors
The property may be particularly attractive to buyers seeking:
A below-market acquisition opportunity
A refurbishment and value-add project
Potential development or extension upside
A property with a substantial plot and additional outbuilding
An opportunity to create a high-quality residential home
Interested parties are encouraged to register to bid or submit an offer as soon as possible.
Important Information & Disclaimer
TCPA East Midlands has provided the above information in good faith and for marketing and indicative purposes only. Any references to market value, GDV, rental income, potential returns, refurbishment costs, planning potential or other financial figures are estimates or indicative figures only and are not warranties, guarantees or representations of future value or performance.
TCPA East Midlands does not warrant or guarantee the property's GDV, rental value, market value, investment return, planning potential or any other stated or implied figure.
All prospective purchasers must undertake their own independent due diligence, including, but not limited to, verification of title, boundaries, planning and building regulations, structural condition, utilities, access, refurbishment costs, comparable sales, rental values, taxation and all other matters relevant to their proposed purchase.
Any extension or development potential is strictly subject to planning permission, building regulations, statutory approvals and any other required consents. No representation or guarantee is given that planning permission will be obtained.
Prospective purchasers should satisfy themselves fully as to the property's condition, suitability and value before submitting an offer or bidding.
Register to Bid / Submit Your Offer
If this opportunity is of interest, please register to bid or contact TCPA East Midlands to discuss the property and the offer process.
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).
Brochures
Legal Documents- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
The Cottage, Swarby, Sleaford, Lincolnshire, NG34 8TQ
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
About Town & Country Property Auctions, Oswestry
4 Willow Street, Oswestry, SY11 1AA
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 367096. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Town & Country Property Auctions, Oswestry. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Town & Country Property Auctions, Oswestry on 0117 463 3986.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.