*ONLINE Unconditional Auction Opening 19 May 2025* To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire Situation: The property is well situated on Neville Street, Cleethorpes, a popular and central area of this busy North East Lincolnshire town. The property is well positioned for access to the town centre and its many facilities and amenities, along with the sea front and beach including the popular promenade. Cleethorpes itself offers excellent access to the M180 road network, and a direct rail line cross country to Liverpool, Manchester, Sheffield and Doncaster. Description: A wonderful opportunity to acquire this well proportioned and well positioned property, currently configured as 2 flats, in need of full renovation throughout but offering significant scope to add value or generate a strong yield in this area of high rental demand, with gross income across both units expected to be circa £1100pcm (£13,200 per annum), or potential to reconfigure into a HMO (subject to planning permission) with the potential for in excess of £20,000 per annum. Accommodation Ground Floor Flat: Sitting Room Dining Kitchen Bedroom Bathroom Storage First Floor Flat: Sitting Room Kitchen Bedroom Bathroom Outside Front and rear gardens.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 East Lincolnshire Council – BAND A Possession: Vacant possession will be given upon completion. 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
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Additional Fees
Administration Charge - Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.