Block of Apartments
An excellent investment opportunity to purchase this detached property comprising of six flats made up of two studio, two one beds and two, two bedroom flats with a rental income of £31,800 pa.
This property also has the added benefit of five garages to the rear accessed via the driveway to the side of the property and also having some parking spaces.
All flats have been finished to a good standard and each flat has the benefit of intercom system, modern fitted kitchen, gas central heating, shower/bathroom.
This property is in a convenient location for local amenities and also has great bus services operating nearby allowing fast and efficient travel to locations all over the town including Cleethorpes and surrounding areas.
Two Bedrooms
One Bedroom
Studio Flat
Two Bedrooms
One Bedroom
Studio Flat
Construction Material: Standard brick. Heating: Boiler, mains gas. <br>Coverage: Broadband - Standard, Ultrafast and Superfast is available in this location. Mobile signal - O2 and Vodafone show as high in this area, and EE and Three as medium. Satellite and Cable - BT and Sky show as available in this area.
Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
These sales details are awaiting vendor approval.
Freehold. Subject to tenancy.
- Heating Supply: Gas
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
Garage, Driveway
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
