Situation: The property is situate on the popular and well served Welholme Road, Grimsby, a well positioned area of this North East Lincolnshire Port town, giving excellent access to a wide range of facilities and amenities, including the town centre, along with Cleethorpes and the M180 road network. Description A well proportioned and versatile self contained apartment with accommodation over 3 floors, offered for sale with the benefit of double glazing and central heating system. The property will appeal to both owner occupiers and investors alike, with scope to add value, or generate a strong rental yield in this area of high rental demand. Average rental income in the area for properties of a similar style, once renovated, is approximately £750pcm (£9000 per annum). Subject to licencing being obtained, the property could achieve approx. £1040pcm (£12,480 per annum) as a 4 bedroom HMO.

Tenure

Leasehold. 125 years from 17 October 2024

Accommodation

Ground Floor Entrance Hallway First Floor Lounge Kitchen Family Bathroom Bedroom 1 Second Floor Bedroom 2 Bedroom 3 WC

Material Information

Please copy and paste the link below into your browser for a full breakdown of material information for this property mip.urls.addland.com/6dd9u7n9nUw2ChQfgVrcwG Tenure: The property is leasehold. 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 East Lincolnshire Council – BAND A 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 East Lincolnshire Council

Solicitors

Devall Law, Ref: Michael Devall, Tel: 01489 579804

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.