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2 bedroom flat for sale
7 and 7a Spring Gardens, Spalding PE11 2XL
£115,000
7 and 7a Spring Gardens, Spalding PE11 2XL
£115,000
Our Summary
- For sale on 17 December 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- An impressive investment opportunity to purchase 2 flats within a freehold semi detached property
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 17
Description
This property is an impressive investment opportunity, comprising two flats within a freehold semi-detached property. Flat 7 is currently let, while Flat 7a is vacant, with potential income exceeding £17,000 per year, representing a generous return of over 13% against the guide price. Each flat features a lounge, separate kitchen, bedroom, shower room, garden, and off-road parking. The property is located in an area with a range of local amenities, shops, and transport links. The sale will take place online with live auctioneers, and prospective buyers are advised to make independent enquiries before placing their bid, as this will be binding. The property is being sold under an unconditional sale type, and binding contracts of sale will be exchanged at the point of sale.