1 bed flat for sale

Buller Street, Grimsby DN32

Summary

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid 9,000

(we are offering part only of the property shown in the photograph)
This is first floor flat comprises of living room, kitchen, one bedroom and bathroom.
Located within easy reach of both Grimsby and Cleethorpes town centres.
With a potential rental income of 5,400 P.A, representing a 12% yield at the current asking price, viewing is highly recommended.

Ground Floor

Communal Hallway

Entered via a timber front door, which provides access to the flat.

Landing

Access via a private staircase, providing access to the entirety of the flat and the loft.

Living Room

3.96m x 3.21m

With a uPVC double-glazed front window, radiator and an over stairs storage cupboard.

Bedroom

3.31m x 3.02m

With a uPVC double-glazed rear window, radiator and an over stairs storage cupboard.

Kitchen

Complete with a range of wall and base units incorporating a basin with a mixer tap, cooker with a four-ring electric hob and extractor and the Worcester boiler. Complete with a uPVC double-glazed side window and uPVC double-glazed door, which leads access to the rear garden.

Bathroom

A 3-piece-suite comprising of a bath with an overhead shower, W.C and a pedestal basin. Complete with tiling/aqua boarding, a uPVC double-glazed frosted window and a radiator.

Gardens

The property benefits from usage of the front garden. All interested parties are advised to make their own enquiries.

Tenure

We understand the property is held on a 189 year lease from 5th April from 1988 with a ground rent payable of 12.50 P.A. Interested parties are advised to make their own enquires.

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: Leasehold
Length of Lease: 189
Annual Ground Rent Amount: 13.00

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.