2 bed pair of flats to buy in LN2

Monks Road, Lincoln, Lincolnshire, LN2 5PN

Current Bid
Starting Bid £115,000
1 Bids

Online auction

Alternatively call 0191 737 1167 or email midlands@pattinson.co.uk

  • For Sale By Online Auction, T&C Apply
  • Pair of Flats - Both One Bedroom
  • Gas Central Heating
  • 172B is Currently Tenanted: £470 PCM
  • Shared Garden

2 bed pair of flats to buy in LN2

We are pleased to offer this this opportunity to buy one period terraced property split into 2 apartments. Currently the ground floor is unoccupied but comprises a bay fronted lounge, 1 bedroom, kitchen and shower room both requiring work. Whilst in general the whole ground floor apartment does require a programme of refurbishment. 172B is a first floor apartment which also comprises of a lounge, 1 bedroom, kitchen and bathroom this is currently rented with tenant in situ paying £470 per calendar month.

2 X Apartments - 1 Title Deed

Council Tax Band: A
Tenure: Freehold


  • Property Type: Pair of Flats
  • Bedrooms: 2
  • Receptions: 2
  • Tenure: Freehold
  • Central Heating: Gas
  • Parking: On Street

172A Ground Floor Apartment: Entrance Hall

Having front door entry and 2 radiators. Access to the lounge.

172A Ground Floor Apartment: Lounge

3.22m x 3.48m (10'6" x 11'5")

Having radiator, eaves storage, feature fireplace and double glazed uPVC bay window.

172A Ground Floor Apartment: Kitchen

4.59m x 2.74m (15'0" x 8'11")

Having a range of base and eye level units (refurbishment required). Access to under stairs storage cupboard housing utility meters. Door leading to communal gardens.

172A Ground Floor Apartment: Bedroom

3.58m x 3.48m (11'8" x 11'5")

Having radiator, uPVC double glazed window to rear aspect.

172A Ground Floor Apartment: Shower Room

2.74m x 1.29m (8'11" x 4'2")

Currently having fitted low level WC, radiator, hand wash basin unit and shower cubicle, radiator and uPVC obscured window to the rear aspect. Shower room currently incomplete with some requirements to be completed.

172B Ground Floor Apartment: Lounge

4.67m x 3.27m (15'3" x 10'8")

Having 2 uPVC double glazed windows to front aspect, radiator and coved ceiling.

172B Ground Floor Apartment: Kitchen

3.45m x 2.69m (11'3" x 8'9")

Having eye and base level units, uPVC window to side aspect, uPVC door to rear aspect and radiator.

172B Ground Floor Apartment: Bedroom

3.60m x 3.71m (11'9" x 12'2")

Having uPVC double glazed window to rear aspect and radiator.

172B Ground Floor Apartment: Bathroom

2.49m x 1.70m (8'2" x 5'6")

Having panelled bath, WC, pedestal hand wash basin unit and uPVC obscured window to side aspect.

EPC for 2 bed pair of flats to buy in LN2

This property is being sold subject to unconditional reservation fee auction terms and conditions.



Contracts will exchange immediately. There are 28 days in which to complete the purchase.


Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.



In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 


Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.


More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk


I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

At the point of registration, you will be required to insert credit or debit card details as a way of payment towards the deposit and or reservation fee. We will only hold a nominal amount (which will be stated at the point of bidding) to enable you to bid. This amount will only be debited from your account should you be the successful bidder, in the event you are unsuccessful the agreed amount will be released back to your card within three business days.  If you are the successful bidder we will debit the agreed amount from your account immediately at the close of the auction, we will then contact you to confirm the outstanding balance (if applicable) at which point you can opt to use the same card.  Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid for 10 minutes. After 10 minutes without a bid, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last minute (or second) bidding and makes for a fairer auction as in a live room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity. It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 

£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,001 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

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