Situation: The property is situate on Grimsby Road, Cleethorpes, a popular and central residential area of this North East Lincolnshire port and market town, near the town centre with a wide range of facilities and amenities all within easy reach and supported by excellent public transport links and good access to the M180 motorway network, and further access to the Cities of Hull, Sheffield, Leeds and Doncaster. Description: A traditionally constructed ground floor flat, offered for sale with the benefit of well proportioned accommodation in need of some cosmetic improvements. This property provides an excellent investment opportunity with a high gross yield (between £450 and £600pcm market rents), and with further potential for significant uplift if pursuing a ‘holiday let’. The property presents a perfect, high yielding opportunity for the discerning purchaser and scope to add value. Accommodation Siting Room Dining/Kitchen Bedroom 1 Bedroom 2 Family Shower Room Outside: Garden area.Material Information Tenure: The property is believed to be leasehold - 99 years from 24 January 1986 with a ground rent of £50 and insurance rent All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack. Council Tax: We have been advised that the property falls within North East Lincolnshire Council – BAND A Possession: Vacant possession will be given upon completion. Viewing: Strictly by appointment with Auction House. Services: Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor. These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating
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.
Additional Fees
Buyer's Premium - Non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
Administration Charge - Non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.