For sale by online auction on Tuesday, 10 Dec 2024 ending at 13:02

*online Unconditional Auction Opening 9 December 2024*

To register for the legal pack and bidding, please visit our website:



Situation:

The property is situate on Hainton Avenue, 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 mid terrace house offered for sale in need of some modernisation but benefiting from central heating and versatile accommodation throughout. The property boasts well proportioned rooms and the scope to convert to an HMO subject to the necessary consents being obtained. This property will appear to those investors and owner occupiers alike being an ideal project and offering high potential yield. An internal viewing is a must to appreciate the scope of the accommodation on offer. As a 5 bedroom HMO, the property could generate up to £450 per week (£23,400 per annum), or, once refurbished, a single let £650pcm (£7,200 per annum) based on properties of a similar style in the area.



Accommodation Ground Floor:

Entrance Hallway

Lounge

Dining Room

Kitchen

Snug

First Floor:

Bedroom 1

Bedroom 2

Bathroom

Shower Room

Outside:

Rear Garden

Material Information:

Tenure:

The property is freehold. 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

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 guarante

EPC Rating: D

Additional Fees
Administration Charge - Non refundable £3600 inc VAT payable on exchange of contracts (fall of the virtual gavel).

Disbursments - 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.

Price Information
* 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.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.