FOR SALE by ONLINE AUCTION on WEDNESDAY, 24th JULY 2024, at 1:00 pm - GUIDE PRICE £40,000 - £45,000 two, one-bedroom flats in a converted end terrace house providing an excellent investment opportunity following refurbishment.
**ATTENTION INVESTORS** If you are looking to start or expand your property portfolio you should take a closer look at this end of terrace house that has been converted to provide two, one-bedroom flats. The property would now benefit from some TLC in the form of a manageable renovation project, upon completion of which you will have two letting units producing a good return on investment.
Tenure
Freehold
Location
Willmington Street is a great location to access Grimsby and Cleethorpes for exceptional Schools, Shopping Centres, and so many local amenities, including great local nightlife and restaurants. Good access to the M180 motorway links across to Hull, Lincoln, Doncaster and Leeds.
Accommodation
Ground Floor Flat Kitchen, Shower Room, Living Room, Bedroom First Floor Flat Entrance lobby on the ground floor, Living room, Bedroom, Kitchen, Bathroom. Outside Small forecourt and yard.
Tenure
Freehold with vacant possession upon completion.
Services
Mains water, electricity, gas & drainage are believed to be connected. None of the services have been tested.
Council Tax
Council Tax is payable to the North East Lincolnshire Council. The flats are shown in the Council Tax Property Bandings List in Valuation Band A.
Viewings
Strictly by appointment through our Beverley Office on 01482 866844.
Method of Sale
The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday 22nd July 2024 and closing on Wednesday 24th July at 1.00pm. For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.
Conditions of Sale
The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and on-line at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
North East Lincolnshire Council
Solicitors
Squire Patton Boggs (UK) LLP, katie.norris@squirepb.com, Ref: Katie Norris, Tel: 01212 223393
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - The purchaser will be required to pay an administration charge of £900 (£750 plus VAT) and a buyer’s premium of 1.2% of the hammer price (1% plus VAT) subject to a minimum of £900 (£750 + VAT) in addition to the purchase price of the property.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.