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The Gatehouse, North End, LOUTH, Lincolnshire, LN11 7SP

30th July 2024
starts 09:00 AM at Grand Connaught Rooms
last bid was £235,000, guide price *
£200,000

Tenure: Freehold

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The negotiator dealing with this Lot is Daniel Tomlinson and he can be contacted on 01332 542 296 or by email: daniel.tomlinson@bagshawsresidential.co.uk
A four-bedroom detached property with a one-bedroom annexe and a detached workshop
Scope to split the plot for further development, subject to necessary planning permissions and consents
Requiring renovations throughout and with scope to significantly increase the value
Approx 0.35 acres, subject to measured survey

Description
The Gatehouse is a unique opportunity to acquire a property with huge potential and occupying a generously sized plot measuring approximately 0.35 acres, subject to measured survey. The property comprises spacious accommodation throughout including: an entrance hall, cloaks/WC, kitchen/diner, living room, lounge, an annexe space which would be made up on a living area and kitchen area, bedroom and bathroom. To the first floor are four bedrooms and a bathroom. Externally, the property has 2 driveway areas, gardens to the front & rear and a detached workshop. Situated approximately 8 miles north of Mablethorpe and the beach and 9 miles east of the market town of Louth. There is scope to split the plot for further development, subject to necessary planning permissions and consents. Due to the size and layout of the property, there is scope to live in the property as a family home, run a business from home or utilise part of the property as an Air BnB style holiday let. The type of opportunity that is rarely available, and not to be missed!

Accommodation
Ground floor: Entrance hall, cloaks/WC, kitchen/diner, living room, lounge, annexe space (living room, kitchen, bedroom, bathroom)
First floor: four double bedrooms and a bathroom
Outside: gardens to the front and rear, detached workshop, 2 driveway areas

EPC: E

Council Tax Band: E

Tenure:
Freehold

Viewings:
William H Brown, 20 Roman Bank, Skegness, PE25 2RU.
Tel: 01754 768311. Email: skegness@williamhbrown.co.uk
By arrangement with the auctioneers






Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.

The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.

Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.

When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.


1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Council Tax Band: E

Lot location is based upon nearest property postcode only. Actual location of property being sold may differ.

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lot infomation last updated: 30th July 2024 at 03:36 PM

what's next?

Before making an offer or attending the auction to bid, we recommend that you visit the property, check all of the contents of the legal pack and where appropriate ask your solicitor to check this too. You also need to ensure you have means to pay the deposit, our contract documentation charge and have the funds available to meet the full purchase cost on completion. For more information please read our buyers guide.
1
arrange a viewing
We arrange open house viewings on many lots or have arranged for local agents to hold keys. Some viewings may be external only and properties with tenants may not be available to view internally.
2
check or show your lawyer the legal pack/s
Click the "Legal Docs" button at the top of this page to download the legal pack for this lot. If the pack is not yet available just save the Lot to “my lots” and we will contact you as information becomes available or gets updated.  Please also review the general conditions of sale which are applicable to every lot.
3
arrange the needed funds
Ensure you have means to pay the deposit, our contract documentation charge and have the funds available to meet the full purchase cost on completion. Click here to visit service providers that may be able to help you.
4
schedule the auction in the diary
Add the auction to your online calendar or diary. When attending in person, be sure to arrive in good time in order to register. We suggest you arrive around one hour prior to the lot being offered.
5
register to bid or arrange a telephone/proxy bid
You can bid by attending the auction in person. Get started and Pre-register today.
You can also register to bid by telephone or instruct us to bid for you by proxy by completing this form