4 bed semi-detached house for sale

Ludgate Close, Waltham, Grimsby DN37

Summary

**being sold via secure sale online bidding. Terms & Conditions apply. - starting bid - 120,000**

5 Ludgate Close, Waltham, Grimsby is offered for sale by auction and represents an excellent opportunity to acquire a property with significant potential in one of the area's most sought-after villages.
Situated in a pleasant cul-de-sac position close to the centre of Waltham village, the property enjoys a popular residential setting with easy access to local amenities, shops, schools and transport links.
Originally constructed as a three-bedroom semi-detached house, the property has been enlarged by way of a two-storey side extension which now provides additional living accommodation and a fourth bedroom. However, the extension is currently affected by structural movement and is suffering from subsidence. The extension therefore requires structural repair works or potentially demolition and reconstruction, which is reflected in the competitive guide price.

The property offers considerable scope for builders, developers or buyers seeking a refurbishment project in this highly regarded village location. Purchasers should be aware that due to the structural issues affecting the extension, the property may not be suitable for mortgage lending and is therefore likely to appeal primarily to cash purchasers.
The accommodation briefly comprises an entrance hall, living room, dining room and kitchen, together with a rear lobby and ground floor W.C. To the first floor there are four bedrooms and a family bathroom.

Although the property benefits from UPVC double glazing and a gas central heating system, it has been little altered in recent years and would benefit from a wider programme of modernisation and improvement.
Overall, this is a rare opportunity to acquire a property with considerable potential in the highly desirable village of Waltham, offering scope to repair, reconfigure or redevelop the existing extension and create a substantial family home.

Ground Floor

Entrance Porch
With uPVC double glazed entrance door and side screen. Tiled flooring.

Entrance Hall
With stairs to first floor accommodation. UPVC double glazed entrance door.

Living Room
4.44m x 3.66m
With coving and featuring a "Living Flame" effect fire set in marble effect hearth with inset and timber surround. Radiator and uPVC double glazed bay window.

Dining Room
5.59m x 3.02m
Textured ceiling, radiator, uPVC double glazed window unit and uPVC double glazed French doors to garden. Reconstituted marble hearth with decorative plaster surround.

Kitchen
3.41m x 2.87m
Partially tiled and fitted with a selection of wall and base units incorporating a selection of wall and base units incorporating a sink unit with drainer and mixer tap and having integrated electric oven, hob, extractor and integrated fridge. Plumbing for washing machine. Radiator, two uPVC double glazed window units and a gas fired central heating combination boiler.

Rear Entrance Lobby

With uPVC double glazed entrance door.

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

First Floor

Landing

Bedroom 1
3.8m x 2.99m
With storage cupboard. Radiator and uPVC double glazed window unit.

Bedroom 2
3.35m x 3.04m
With radiator and uPVC double glazed window unit.

Bedroom 3
4.26m x 3.09m
With radiator and two uPVC double glazed window units.

Bedroom 4
2.74m x 2.54m
With radiator and uPVC double glazed window unit.

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

Gardens

The property has gardens to the front, side and rear. The rear has been largely laid to lawn with paved patio area. To the front there is a driveway providing off-road parking leading to the detached garage.

Outbuildings

Detached garage.

Council Tax Band: B
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.