1 bedroom property for sale
Key information
Property description & features
Nestled in the heart of Cleethorpes along the vibrant Grimsby Road, this remarkable property presents an exceptional investment opportunity. Comprising of seven 1-bedroom flats, this residence offers both modern comforts and timeless charm. If you're a seasoned investor seeking to expand your portfolio, this versatile property promises both stability and potential for growth.
Each of the seven flats within this property offers comfortable living spaces. The interiors provide a canvas for enhancement and personalization. With practical layouts and ample natural light, these flats present an inviting atmosphere for residents.
Set within a well-maintained building, this property benefits from shared access and communal areas. The exterior presents a neat and tidy facade, contributing to the overall appeal of the property. Shared access ensures convenience for residents.
Positioned in the heart of Cleethorpes, this property enjoys proximity to a wealth of amenities and attractions. Grimsby Road offers a diverse range of shops, cafes, and restaurants, catering to the needs and preferences of residents. Nearby green spaces, including the picturesque Cleethorpes Beach and Promenade, provide opportunities for leisure and recreation. With excellent transport links and easy access to major road networks, Cleethorpes offers connectivity to neighbouring towns and cities, making it an ideal destination for commuters and residents alike.
With its seven individual units and convenient location, this property presents an attractive investment opportunity. The demand for rental accommodation in Cleethorpes remains robust, ensuring a steady stream of potential tenants. Whether you choose to maintain the existing condition or undertake minor upgrades to enhance rental appeal, this property offers flexibility to suit your investment strategy.
In summary, this property on Grimsby Road represents a promising investment opportunity in the thriving coastal town of Cleethorpes. With its seven 1-bedroom flats and convenient location, this property offers potential for strong rental returns and long-term growth. Arrange a viewing today and explore the possibilities of this prime investment opportunity.
No' 1 - Studio apartment
No' 2 - Studio apartment
No' 3 - Flat
No' 4 - Studio apartment
No' 5 - Studio apartment
No' 6 - Flat
No' 7 - Flat
Rooms
Location
Location (36 Grimsby Road, Cleethorpes DN35 7AB)
The property is within proximity to:
· 10 feet – Natwest Bank and ATM (directly opposite 36 Grimsby Road)
· 0.1 miles – Starbucks
· 0.1 miles – Tesco
· 0.4 miles – McDonald’s
· 0.4 miles – New Clee Train Station
· 0.4 miles – Grimsby Town Football Club
· 0.4 miles – Cleethorpes Beach
· 1.3 miles – Cleethorpes Train Stat
· 1.5 miles – Cleethorpes Town Centre
· 2.2 miles – Grimsby Town Centre
· 2.4 miles – University Centre Grimsby
· 3.2 miles – Princess of Wales Hospital
Accommodation
· Ground Floor: Three self-contained flats
· First Floor: Holds a further three self-contained flats
· Second Floor: Boasts one bedroom flat, living room, storage room (could be converted to 2nd bedroom with skylight fitted), kitchen area and shower room
Tenure
Freehold. Title number HS95413.
Council Tax
All flats are of council tax band A.
EPC
· Flat 1 - EPC = C - 19 sqm (Studio)
· Flat 2 - EPC = C - 25 sqm (Studio Separate Kitchen and Bathroom)
· Flat 3 - EPC = D - 39 sqm (1 Bed Separate lounge/kitchen/bathroom)
· Flat 4 - EPC = C - 18 sqm (Studio)
· Flat 5 - EPC = C - 26 sqm (Studio Separate Kitchen and Bathroom)
· Flat 6 - EPC = C - 48 sqm (1 Bed Separate lounge/kitchen/bathroom/Storeroom)
· Flat 7 - EPC = D - 36 sqm (1 Bed Separate lounge/kitchen/bathroom)
Rent
This block of apartments is currently producing £2,378 per calendar month = £28,542 per annum
Flat 1 £315 per calendar month
Flat 2 £330.50 per calendar month
Flat 3 £75.23 per week
Flat 4 £300 per calendar month
Flat 5 £340 per calendar month
Flat 6 £390 per calendar month
Flat 7 £87 per week
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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Property reference 451432. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson - Commercial.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on July 26, 2022 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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