4 Bed Flat, Planning Permission, Grimsby, DN32 0NB £50,000

Bathroom

Tiled floor and having partially tiled walls and fitted with a very smart white three piece suite comprising panelled bath (bath with shower over), pedestal basin and low-flush w.c. Radiator and extractor.

First Floor Flat - 55B

Ground Floor

Entrance Hall

With tiled flooring, stairs to first floor accommodation. Useful storage cupboard.

First Floor

Landing

With radiator and uPVC double glazed window unit.

Living Room

4.58m into chimney recess x 4.55m - With coving, dado rail, decorative fire place with timber mantle. Radiator and two uPVC double glazed window units.

Bedroom 1

4.26m into chimney recess x 4.16m - With coving, picture rail and two uPVC double glazed window units.

Bedroom 2

3.45m x 2.85m

With coving, radiator and uPVC double glazed window unit.

Kitchen

3.95m x 3.49m

Partially tiled and fitted with a selection of modern wall and base units incorporating a sink unit with drainer and mixer tap. Having integrated electric oven and gas hob with extractor canopy. Plumbing for an automatic washing machine. Radiator, uPVC double glazed window unit and uPVC double glazed entrance door. "Ideal" gas central heating combination boiler. There is a cast iron staircase to the rear of the property providing a separate means of access.

Bathroom

Tiled and fitted with attractive white three piece bathroom suite comprising panelled bath (bath with shower over), pedestal basin and low-flush w.c. Useful Storage cupboard. Radiator and uPVC double glazed window unit.

NOTE

Both flats are currently let and achieving £495 per calendar month. This represents an annual income of £11880 per annum equating to a 13% yield on the current asking price.

Tenure

Title: Freehold and Long Leasehold Interests Property: 55A & 55B Welholme Road Freehold Interest – 55A Welholme Road and grounds The registered freehold title to 55A Welholme Road, comprising: • The ground floor flat (55A) - HS83891 • All grounds surrounding the building - HS83891 and HS388659 • Any structures or land included within the registered freehold boundary as shown on the official title plan This freehold interest is sold subject to any rights, easements, covenants, and restrictions affecting the registered title. Long Leasehold Interest - 55B Welholme Road The sale includes the long leasehold interest in 55B Welholme Road, comprising: • The first and upper floors of the building - HS237248 • Held under a lease dated 6 April 1993 • Term: 99 years from 6 April 1993 o Approximately 66 years unexpired as at 2026 • Ground Rent: £50 per annum, payable to the freeholder (believed to be David Hillstead) The leasehold interest is sold subject to all rights, covenants, (truncated)

Council Tax Band: A
Tenure: Leasehold