A PORTFOLIO OF PROPERTIES TOTALLING 24 VACANT UNITS FOR SALE BY ONLINE AUCTION OPENING *30 June 2025*
auctionhouse.co.uk/lincolnshire
Description
Situation:
Situate across various streets within the Cleethorpes and Grimsby area, offering convenient access to the town centres along with a wide range of facilities and amenities, including the primary and secondary retail areas, sea front and promenade, and a wealth of eateries and entertainment spots. The M180 road network is within easy reach, along with Cleethorpes Rail Station with access to the North and North West of England.
Description:
A wonderful, and rare opportunity to acquire a significant portfolio of properties totalling 24 vacant units, across an area with high rental demand. A mixture of terraced and semi detached houses, with some flats, this opportunity presents huge opportunity to acquire properties and add value through improvement works and bring back to market either to re-sell, or let generating a significant yield.
Current rental levels within the area for properties in good order range from £450pcm (£5400 per annum) for 1 bed flats to £800pcm (£9600 per annum) for 3 bed houses, dependant on specific areas and conditions.
Properties 22 Johnson Street, Cleethorpes DN35 7NA
64 Wintringham Road, Grimsby DN32 0NX
80 Sidney Street, Cleethorpes DN35 7NQ
294 Welholme Road, Grimsby DN32 9JB
21 Johnson Street, Cleethorpes DN35 7NA
14 Hare Street, Grimsby, DN32 9LA
17 Barcroft Street Cleethorpes DN35 7BG
326 Wellington Street, Grimsby, DN32 7JR
256 Heneage Road, Grimsby DN32 9NP
4 David Street, Grimsby DN32 9NL
1 Struan House, 129 Eleanor Street, Grimsby DN32 8AL
18 Florence Street, Grimsby DN32 0JH
85 Tiverton Street, Cleethorpes DN35 7EF
39 Tasburgh Street, Grimsby DN32 9LB
186 Daubney Street, Cleethorpes DN35 7PE
122 Daubney Street, Cleethorpes DN35 7NU
258 Heneage Road, Grimsby DN32 9NP
137 Heneage Road, Grimsby DN32 9JG
74 Highfield Avenue, Grismby DN32 0JW
50 Crescent Street, Grimsby DN31 2HD
47 Wellowgate, Grimsby DN32 0EY
296 Welholme Road, Grimsby DN32 9JB
181 Welholme Road, Grimsby DN32 9LR
4 Gosport Road Grimsby DN34 4DZ
Material Information Tenure:
The portfolio is a mixture of freehold and leasehold properties. 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 properties fall within North Lincolnshire Council. All properties are 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: See Legal Pack for individual property tenures
EPC Rating: EPC's will be available to download from the legal pack
Important Notice to Prospective Buyers
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.
Buyers Premium
Non-refundable 1.8% inc VAT of the purchase price, payable on exchange of contracts.
Administration Charge
Non-refundable 1.8% inc VAT of the purchase price, payable on exchange of contracts.
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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- Unconditional (Immediate Exchange)
Call the team on 01427 616436 for more information
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