2 bed pair of flats to buy in DN32
Wellington Street, Grimsby, Lincoln, Lincolnshire, DN32 7JP
Online auction
- Immediate exchange of contracts
- Sold Via "Secure Sale"
- House converted into two self contained 1 bed flats
- Potential to improve and add value
- Ideal investment opportunity
- For sale via Modern Method of Auction
- Both units require modernisation
- Strong rental yield potential
2 bed pair of flats to buy in DN32
**BEING SOLD VIA SECURE SALE ONLINE BIDDING. Terms & Conditions apply. **
Offered for sale via the Modern Method of Auction with immediate exchange of contracts, this property comprises of two one bedroom flats located on Wellington Street, Grimsby, within reach of local amenities and transport links.
Both units require a programme of modernisation, presenting an opportunity for investors to refurbish and improve in line with current rental standards.
The property offers potential for strong rental returns once updated, with scope to enhance value and income.
An investment opportunity in an established residential area, suited to buyers seeking a project with yield potential.
Ground Floor
Communal Hallway
With a timber frosted front door providing access to both flats.
Ground Floor Flat
Living Room
3.47m x 4.37m
With a uPVC double glazed front bay window, decorative coving and a gas fire.
Hallway
With understairs storage cupboard.
Kitchen
5.14m x 3.17m
With a range of wall and base units incorporating a hand wash basin with all other white goods. With a uPVC double glazed side window and a built-in storage cupboard.
Bedroom
3.72m x 2.79m
With a uPVC double glazed rear window and an electric heater.
Second Hallway
With a timber frosted door leading access to the rear gardens.
Bathroom
A three piece suite comprising of a bath, w.c. and a pedestal hand wash basin. Complete with a uPVC double glazed frosted window and the "Vokera" boiler.
First Floor Flat
Landing
An open spelled landing providing access to the accommodation.
Living Room
4.59m x 3.95m
With a uPVC double glazed front window, gas fire and an electric heater.
Bedroom
3.74m x 2.98m
With a uPVC double glazed rear window and an electric heater.
Kitchen
3.42m x 2.15m
With a range of wall and base units incorporating a basin with a mixer tap and space for other white goods. Complete with access to the loft and a timber single glazed rear window.
Bathroom
A three piece suite comprising of a bath with an over head shower, w.c. and a pedestal hand wash basin. Complete with partial tiling and a timber single glazed window.
Gardens
The property benefits from front and rear gardens with the front being low maintenance and surrounded by brick walling and the rear being surrounded on all sides by timber fencing.
Selective Licensing
This property has been identified as being within a Selective Licensing area. Whilst every endeavour has been made to ensure this information is correct, landlords are advised to contact North East Lincolnshire Council to confirm the position and to ensure compliance with any applicable regulations.
Broadband & Mobile Phone Coverage
Please use the following link to check the mobile phone and broadband coverage for this property.
Services
We have not tested or inspected any heating systems, fixtures, appliances or services, purchasers should rely on their own survey.
Summary
- Property Type: Pair of Flats
- Bedrooms: 2
- Receptions: 2
- Tenure: Freehold
- Heating: Electric
- Parking: On Street
Floor Plan
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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