Guide price
£50,000
3 bed end terrace house for saleWharton Street, Grimsby DN31
3 beds
1 bath
2 receptions
EPC Rating: D
Added on
About this property
Being Sold via Secure Sale online bidding. Terms and Conditions apply.
Three-Bedroom End-Terrace House
Two Separate Reception Rooms
Ground-Floor Bathroom
Double Glazing and Gas Central Heating
Popular Residential Location in Grimsby
Currently let at 5,460 per annum
Summary
Being sold via secure sale onlind bidding. Terms & Conditions apply.
An excellent opportunity for investors to acquire this three-bedroom end-terrace house, situated in an established residential area of Grimsby, popular with first-time buyers, young couples and the rental market.
Conveniently positioned for access to the town centre, local amenities and transport links, the property offers spacious and versatile accommodation with the added benefit of an existing tenancy.
The accommodation comprises an entrance hall, living room, separate sitting room, kitchen, rear lobby and ground-floor bathroom. To the first floor are a landing and three bedrooms. Further benefits include double glazing and gas-fired central heating.
Currently let and generating a rental income of 5,460 per annum, the property presents an attractive opportunity for investors seeking an established rental property with income already in place.
Early viewing is highly recommended to appreciate the accommodation and investment potential on offer.
EPC Rating: D
Entrance Hall
With stairs to first floor accommodation. UPVC double glazed entrance door.
Living Room
2.99m x 3.8m
With coving, radiator and having reconstituted hearth with fire and uPVC double glazed window unit. Opening to dining room.
Dining Room
3.9m x 3.4m
Having inset with fire surround, dado, coving and radiator.
Kitchen
1.9m x 4.4m
Fitted with a range of wall and base units incorporating a sink unit with drainer and having gas point for cooker and plumbing for washing machine. Gas fired central heating combination boiler. UPVC double glazed window unit.
Rear Entrance Lobby
Partially tiled walls and uPVC door.
Bathroom
1.9m x 2.1m
Partially tiled and fitted with a white three piece suite comprising panelled bath, pedestal basin and low-flush w.c. Extractor. Radiator and uPVC double glazed window unit.
Bedroom 1
2.7m x 4m
With radiator and uPVC double glazed window unit.
Bedroom 2
2.7m x 3.2m
With radiator and uPVC double glazed window unit.
Bedroom 3
1.9m x 4.4m
With radiator and two uPVC double glazed window units. Gas fired central heating boiler.
Note
The property is currently let on an Assured Tenancy at a passing rent of 5,460 per annum.
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.
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