*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 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.
Tenure: Freehold
EPC Rating: C
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.