Three Bedroom Terraced House in Need of Renovation

39 Pennell Street, Lincoln, LN5 7TD

Key features

TerracedChain-freeRenovationIn need of modernisation

SOLD

Guide Price: *

£75,000

Fees apply

Reservation fee:4.2% (min. £6,000)

All fees include VAT at 20%

Auction Type:

Conditional

Sold for:

£101,500

Reserve met

Bid history

29 bids

14/02/2025 17:02:23 - £101,500

JThis is an automatic bid as the bidder has set a maximum bid for this lot

14/02/2025 17:00:59 - £100,500

See all 29 bids ▾

Description

Location

Floorplans

EPC

Legal docs

** £75,000 GUIDE PRICE

PROPERTY IN NEED OF RENOVATION **

Kinetic Estate Agents are thrilled to present this charming 3-bedroom mid-terrace property on Pennell Street, Lincoln, and what makes it even more enticing is that it comes with no chain. This home is an ideal choice for a family or anyone looking to settle in a thriving neighbourhood.

As you approach the property, you'll notice a private lockable entrance passage, which not only enhances security but also provides convenient storage space for items such as bicycles, coats, and shoes. This under-cover storage area ensures a clutter-free transition into the main living spaces.Upon entering the home, you'll step into a welcoming entrance hallway, complete with stairs rising to the first-floor landing and a convenient storage cupboard. The ground floor layout encompasses a spacious lounge with a bay window to the front, creating a bright and airy atmosphere. The dining room offers a perfect space for family gatherings and entertaining, while the breakfast room, adjoining the kitchen, allows for a cozy spot to enjoy your morning coffee. The kitchen proves ample space for culinary endeavours, and it connects to a large store and a convenient WC, enhancing the practicality of daily living.Upstairs, the first floor hosts three generously-sized bedrooms, each offering comfortable accommodation. Bedroom 2 features direct access to the family bathroom.

Pennell Street is not just about the house itself; this location offers a diverse range of amenities, you'll find local shops, schools, and parks within walking distance, making it an ideal place for families. The nearby transport links ensure easy access to the city center and beyond, making daily commutes a breeze.For those who appreciate a convenient lifestyle with a touch of historical charm, this property on Pennell Street, Lincoln, is a rare find. To top it off, permit parking is available to the front, and there's a rear yard for outdoor enjoyment. Don't miss the opportunity to make this house your new home.

PLEASE NOTE - THE PROPERTY HAS PREVIOUSLY FALLEN THROUGH AT SURVEY STAGE AS THERE ARE STRUCTURAL ISSUES.

Contact Kinetic Estate Agents today to arrange a viewing and start your journey to calling Pennell Street your own.

Summary

Auction end: 14th Feb at 17:07
Property type: Terraced
Tenure: Freehold
Bedrooms: 3
Bathrooms: 1
Council tax band: A

Summary

Auction end: 14th Feb at 17:07
Property type: Terraced
Tenure: Freehold
Bedrooms: 3
Bathrooms: 1
Council tax band: A

This property is being sold by:

Kinetic Estate Agents

01522 88 88 84

35 Redwood Drive, Lincoln, Lincolnshire, LN5 9BN

^†Conditional auction

If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above). All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement. To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), the reservation fee shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), they will forfeit the full amount of the reservation fee.Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

* Pricing Information

The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.

Bamboo Auctions and Kinetic Estate Agents Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.

Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.

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Disclaimer

All information relating to this property, including descriptions, pictures and other related information has been provided by Kinetic Estate Agents Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.

These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.