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Guide price

£80,000

2 bed flat for sale
Patrick Street, Grimsby DN32

    • 2 beds

    • 2 baths

    • 2 receptions

  • Chain free
  • Auction
  • Freehold

Pygott & Crone - Grimsby

Logo of Pygott & Crone - Grimsby

About this property

  • Modern Method of Auction - T & Cs Apply

  • Reservation Fee Payable

  • 2 x One Bedroom Flats

  • Fantastic Investment Opportunity

  • Grimsby Location

  • Viewing Essential

  • Currently Generating £10,500 P.A

  • EPC Rating Flat A & B - C

  • Council Tax Band Flat A & B - A

For Sale By Modern Method of Auction - T & Cs Apply

***2 x One Bedroom Flats For Sale***

This Mid Terrace property is a fantastic opportunity for investment buyers. Offered for sale with No Onward Chain, the property has been converted into two self contained one bedroom flats, flat 42A receives £450 per calendar month and flat 42B receives £425 per calendar month. We are advised the flats are currently achieving an impressive gross yield of 11.18%.

The property on the Ground Floor comprises of; Lounge, Bathroom, Kitchen and Bedroom.

The First Floor flat also comprises Lounge, Kitchen, Bathroom and Bedroom.

Agent's Note: The property is freehold and is to be sold with tenants in situ.

Buying Conditions

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Paym

Ground Floor Flat

Entrance Hall

Lounge

5.16m x 3.3m - 16'11” x 10'10”

Kitchen

3.66m x 1.88m - 12'0” x 6'2”

Bedroom 1

3.66m x 2.28m - 12'0” x 7'6”

First Floor Flat

Lounge

4.62m x 4.22m - 15'2” x 13'10”

Bedroom 2

5.46m x 2.92m - 17'11” x 9'7”

Bathroom

2.49m x 1.91m - 8'2” x 6'3”

More information

  • Tenure

    Freehold

  • Council tax band

    A

See all recent sales in DN32

Property descriptions and related information displayed on this page are marketing materials provided by - Pygott & Crone - Grimsby. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pygott & Crone - Grimsby for full details and further information.