Situation: The property is situated on Gilbey Road, Grimsby a popular and central area of this north east Lincolnshire market and port town. The town centre is within close proximity offering a wide range of facilities and amenities both retail and leisure and Grimsby itself is well positioned for access to the M180 road network. Description: A first floor flat requiring a scheme of improvement but benefiting from double glazing and versatile accommodation. The property boasts well proportioned rooms and the scope to add value. This property will appeal to investors and owner occupiers alike being an ideal project and offering high potential yield at the advertised guide price, with potential to let well in an area of strong rental demand. At the time of preparing these details no internal inspection was possible, however accomodation is believed to comprise: Kitchen 2.59m x 3.3m (8'6" x 10'10") Bathroom 1.63m x 1.9m (5'4" x 6'3") Living Room 4.3m x 3.67m (14'1" x 12'0") Bedroom 4.3m x 3.43m (14'1" x 11'3")Material Information Tenure: The property is leasehold, the ground rent per annum is £50.00 and the lease terms are 99 years from 31st May 1991. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack. Council Tax: The property falls within North East Lincolnshire Council – BAND A 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
Energy Efficiency Rating (EPC)
Current Rating F
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 £1,800 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.