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Guide price

£50,000

3 bed terraced house for sale
First Avenue, Grimsby DN33

    • 3 beds

    • 1 bath

    • 2 receptions

  • EPC Rating: C

  • Auction

Pattinson - Auctions

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About this property

  • Being Sold via Secure Sale Online Bidding. Terms & Conditions apply.

  • Three Bedroom End Terrace House in an Established Residential Location

  • Rental Income of 675 per Calendar Month

  • Tenant Keen to Remain In-Situ

  • Excellent Addition to a Lettings Portfolio

Summary

Located in a well-established and popular residential area, this three bedroom end-terrace property is offered for sale by auction and represents an excellent investment opportunity. The property is sold subject to an existing tenant in occupation, currently paying 675 per calendar month, with the tenant keen to remain, making this a ready-made addition to a buy-to-let portfolio.

The accommodation comprises an entrance hall, ground floor W.C., living room, separate sitting room and kitchen, with a rear lobby leading to a useful utility area. To the first floor are three bedrooms and a family bathroom.
Externally, the property benefits from a generous rear garden, providing valuable outdoor space.

First Avenue is a convenient and established location with good access to local shops, schools and amenities. Grimsby town centre and Cleethorpes are easily accessible, and the area is well served by public transport links, making the property attractive to long-term tenants.

Overall, this is a solid investment opportunity offering immediate income, tenant continuity and long-term rental potential.

Ground Floor

Entrance Hall

With uPVC double glazed entrance door. Radiator and stairs to first floor accommodation.

W.C.

Fitted with a low-flush w.c., hand basin and a uPVC double glazed window unit.

Living Room

3.64m x 3.17m

With radiator and two uPVC double glazed window units. Archway to sitting room.

Sitting Room

4.63m x 3.3m

With laminate flooring. Radiator and uPVC double glazed window unit.

Kitchen

4.76m x 2.62m

Partially tiled and fitted with a range of wall and base units incorporating a sink unit with drainer and having gas point for cooker. Gas fired central heating combination boiler. Radiator and uPVC double glazed window unit.

Rear Entrance Lobby

With uPVC double glazed entrance door.

Utility

With plumbing for washing machine. Radiator and uPVC double glazed window unit.

First Floor

Landing

With two uPVC double glazed window units.

Bedroom 1

3.85m x 3.65m

With radiator and uPVC double glazed window unit.

Bedroom 2

3.65m x 2.74m

With radiator and uPVC double glazed window unit.

Bedroom 3

3.7m x 2.35m

With radiator and uPVC double glazed window unit.

Bathroom

Fitted with a white three piece suite comprising panelled bath with mixer tap and shower attachment, pedestal basin and low-flush w.c. Radiator and uPVC double glazed window unit.

Outbuildings

Brick shed in rear garden.

Gardens

The property has gardens to the front and rear, the rear has been largely laid to paving and partially laid to lawn.

Council Tax Band: A
Tenure: Freehold

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

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