2 bed flat for sale

Wellington Street, Grimsby DN32

Summary

**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.

Council Tax Band: A
Tenure: Freehold

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. 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 to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders 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.

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 or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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.