Situation The property is situated on Fox Street, Scunthorpe, close to the town centre and its wealth of facilities and amenities. Scunthorpe itself offers a wide range of shopping, eating and recreational services, and good transport links via the Train Station and M180 road network. Description A wonderful opportunity to acquire this versatile and well proportioned terrace property, currently split into 2 self contained flats, both independently accessed, and providing an excellent investment opportunity, with one flat benefitting from an ongoing tenancy of £450pcm (£5400 per annum), and the other vacant and in need of some improvements, but offering scope to generate a strong yield in this area of high rental demand. Combined potential income of £900pcm (£10,800 per annum) based on both properties being occupied.

Tenure

Freehold

Accommodation

Ground Floor Flat Bathroom Kitchen: 3.43m x 2.62m (11'3 x 8'7) Sitting Room: 3.61m x 3.96m (11'10 x 13'0) maximum dimensions Bedroom: 3.45m x 3.63m (11'4 x 11'11) First Floor Flat Kitchen: 3.43m x 2.59m (11'3 x 8'6) Bathroom Bedroom: 4.01m x 2.84m (13'2 x 9'4) Sitting Room: 4.52m x 3.63m (14'10 x 11'11) Outside Rear courtyard

Material Information

Tenure: The property is freehold. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack. Council Tax: The property falls within North Lincolnshire Council – BAND A Possession: Subject to existing tenancy agreement. Viewing: Strictly by appointment with Auction House. Services: Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor. These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them. Any potential rental incomes are approximate based on Rightmove data at the time of preparing the details and bidders are advised to check with a local agent for an accurate valuation.

Energy Efficiency Rating (EPC)

Current Rating E

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

North Lincolnshire Council

Additional Fees

Administration Charge - £3600 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.