Stanley Street, Grimsby, Lincoln, Lincolnshire, DN32 7LJ
Online auction
A well-presented three-bedroom mid-terrace investment property offered for sale by auction, providing an attractive, ready-made opportunity for buy-to-let investors.
The house is currently let subject to an Assured Shorthold Tenancy at a rent of £595 pcm.
Located within an established residential area with consistent rental demand, the property represents a solid income-producing investment from completion.
The accommodation briefly comprises a living room, kitchen fitted with modern units, rear entrance lobby and a bathroom with a three-piece suite. To the first floor are three bedrooms. The property also benefits from gardens to both the front and rear.
GROUND FLOOR
Living Room
7.7m x 3.66m
With stairs to the first floor accommodation. Laminate flooring. Radiator and 2 uPVC double glazed window units.
Kitchen
3.48m x 2.16m
Partially tiled and fitted with a good selection of modern wall and base units incorporating sink unit with drainer, having integrated electric oven and a gas hob. Plumbing for washing machine. Radiator and uPVC double glazed window unit.
Rear Entrance Lobby
With uPVC double glazed entrance door.
Bathroom
Partially tiled and fitted with a 3 piece suite comprising panelled bath, pedestal basin and low flush w.c. Gas fired central heating boiler. Radiator and uPVC double glazed window unit.
FIRST FLOOR
Landing
Bedroom 1
3.71m x 3.4m
With radiator and uPVC double glazed window unit.
Bedroom 2
3.47m x 2.89m
With radiator and uPVC double glazed window unit.
Bedroom 3
4.62m x 2.14m
With radiator and uPVC double glazed window unit.
OUTSIDE
Gardens
The property has gardens to the front and rear.
Tenancy
The property is currently let on an Assured Shorthold Tenancy agreement at a passing rent of £595 per calendar month with the Tenant wishing to remain in occupation. The property is currently managed through Jackson Green & Preston Estate Agents.

This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
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.
Deposit
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 £6,000 + VAT (£7,200 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 auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
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.
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 within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, 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.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
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 £750,000 - £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.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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