Mercer Row, Louth

Modern two-bedroom flat in town centre. Open-plan living, neutral décor, communal and outdoor space, EPC D, council tax band A. Ideal for first-time buyers or investors. Leasehold.
Being sold by modern method of auction - t&c's apply. Starting Bid £65,000
We are absolutely delighted to present this neutrally decorated flat for sale, ideally located in a bustling town centre. This property is a gem, perfect for first-time buyers, investors, or those seeking a holiday let or a 'lock up and leave' property.
The flat boasts an open-plan layout, one of its key unique features, which includes a spacious reception room that seamlessly flows into a modern kitchen. This open-plan design not only maximises the available living space but also brings an abundance of natural light into the property, creating a bright and airy ambience that is truly welcoming.
The property comprises of two bedrooms, providing space for relaxation and personalisation. There is also a well-appointed shower room, ensuring all your essential needs are covered.
The flat has been tastefully decorated in a neutral palette, allowing the new owners the freedom to add their personal touch and make this property truly their own. The flat is in a ready-to-move-in condition, saving you the time and hassle of carrying out any major work.
In addition, the flat benefits from a shared communal area between two apartments and a shared outside space. This space presents a fantastic opportunity for socialisation or relaxation.
With an EPC rating of 'D', this property is relatively energy-efficient, which could result in lower utility bills. The property falls under council tax band 'A', which is the lowest band, making it an even more attractive proposition for those looking to minimise their outgoing costs.
Its prime town centre location places it within easy reach of a host of amenities, including shops, restaurants, and leisure facilities. This not only makes everyday living convenient but also adds to the property's investment potential.
In summary, this flat is a fantastic opportunity for those seeking a stylish, well-located property with significant potential for personalisation. It offers excellent value for money and is well worth considering if you're looking to make a smart investment in the property market. The sale of this property represents a unique opportunity that is not to be missed.
We invite all interested parties to contact us for further details or to arrange a viewing at your earliest convenience. We look forward to helping you find your dream property.
EPC rating: D. Tenure: Leasehold,
Room Measurements
Open Plan Living Kitchen: 16'01" x 22'08"
Bedroom One: 9'11" x 10'10"
Bedroom Two: 7'09" x 10'10"
Shower Room: 5'10" x 8'04"
Tenure
The property is Leasehold with a ground rent payable at £100.00 per annum and a service charge payable at £250.00 per annum.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 6.0% of the purchase price including VAT, subject to a minimum of £7,200.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
The information above has been provided by the vendor and may not be accurate. Please refer to the property’s Buyer Information Pack. (You can download this on the right hand side of the page) or speak to the Auction Specialist for the most up to date information.