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Guide price

£900,000

Terraced house for sale
A Portfolio Of 24 Units, Grimsby/Cleethorpes, South Humberside DN32

  • Auction

Auction House Lincolnshire, North Notts & South Yorks

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About this property

    For sale by online auction on Tuesday, 01 Jul 2025 ending at 13:08

    A portfolio of properties totalling 24 vacant units for sale by online auction opening *30 June 2025*



    Situation:

    Situate across various streets within the Cleethorpes and Grimsby area, offering convenient access to the town centres along with a wide range of facilities and amenities, including the primary and secondary retail areas, sea front and promenade, and a wealth of eateries and entertainment spots. The M180 road network is within easy reach, along with Cleethorpes Rail Station with access to the North and North West of England.

    Description:

    A wonderful, and rare opportunity to acquire a significant portfolio of properties totalling 24 vacant units, across an area with high rental demand. A mixture of terraced and semi detached houses, with some flats, this opportunity presents huge opportunity to acquire properties and add value through improvement works and bring back to market either to re-sell, or let generating a significant yield.

    Current rental levels within the area for properties in good order range from £450pcm (£5400 per annum) for 1 bed flats to £800pcm (£9600 per annum) for 3 bed houses, dependant on specific areas and conditions.

    Properties 22 Johnson Street, Cleethorpes DN35 7NA

    64 Wintringham Road, Grimsby DN32 0NX

    80 Sidney Street, Cleethorpes DN35 7NQ

    294 Welholme Road, Grimsby DN32 9JB

    21 Johnson Street, Cleethorpes DN35 7NA

    14 Hare Street, Grimsby, DN32 9LA

    17 Barcroft Street Cleethorpes DN35 7BG

    326 Wellington Street, Grimsby, DN32 7JR

    256 Heneage Road, Grimsby DN32 9NP

    4 David Street, Grimsby DN32 9NL

    1 Struan House, 129 Eleanor Street, Grimsby DN32 8AL

    18 Florence Street, Grimsby DN32 0JH

    85 Tiverton Street, Cleethorpes DN35 7EF

    39 Tasburgh Street, Grimsby DN32 9LB

    186 Daubney Street, Cleethorpes DN35 7PE

    122 Daubney Street, Cleethorpes DN35 7NU

    258 Heneage Road, Grimsby DN32 9NP

    137 Heneage Road, Grimsby DN32 9JG

    74 Highfield Avenue, Grismby DN32 0JW

    50 Crescent Street, Grimsby DN31 2HD

    47 Wellowgate, Grimsby DN32 0EY

    296 Welholme Road, Grimsby DN32 9JB

    181 Welholme Road,

    Additional Fees
    Buyers Premium: Non-refundable 1.8% inc VAT of the purchase price, payable on exchange of contracts.

    Administration Charge - Non-refundable 1.8% inc VAT of the purchase price, payable on exchange of contracts.

    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.

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    Property descriptions and related information displayed on this page are marketing materials provided by - Auction House Lincolnshire, North Notts & South Yorks. 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 Auction House Lincolnshire, North Notts & South Yorks for full details and further information.