3 Bed Terraced House, Single Let, Grimsby, DN34 4SA, £65,000

19 Chelmsford Avenue, Grimsby DN34 4SA - 2 views - 14 days ago

Auction
BTL
ROI: 13%
67 m²
+4 photos

ValuationUndervalued











Cashflows



































Property History

Listed for £65,000

March 14, 2025

Floor Plans

Description

  • End of Terrace +
  • Three Bedrooms +
  • Downstairs Shower Room & Upstairs Bathroom +
  • Rear Gardens +
  • Investor/Developer +
  • EPC Rating: D +
  • *Guide Price: £65,000 - £85,000 (plus fees) +

*ONLINE Unconditional Auction Closing 15th April 2025*
To register for the legal pack and bidding, please visit our website: auctionhouse.co.uk/lincolnshire
Situation:
The property is situate on the popular and sought after Chelmsford Avenue, Cleethorpes, being well positioned for access to the surrounding amenities and services, including Cleethorpes centre and the sea front and promenade.

Description:
A wonderful opportunity to acquire an end of terrace house, with deceptive accommodation throughout in this popular area. The property benefits from double glazing, and provides opportunity to both add value through improvement works, or generate a significant yield in this area of high rental demand. Comparable evidence shows renovated properties is the area have sold in excess of £130,000 and rental income is estimated to be in the region of £850 - £900pcm (£10,200 - £11,400 per annum).
Accommodation Ground Floor:

Entrance Hallway
Sitting Room
Dining Room

Kitchen
Shower Room
First Floor:

Bedroom 1

Bedroom 2

Bedroom 3

Family Bathroom
Outside:
Gardens to front and good sized enclosed gardens to the rear.
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: D Administration Fee: £1200 inc VAT payable on exchange of contracts. Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House, Lincolnshire

01427 800574

Next Steps?

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