Map1 bedroom apartment for sale
Key information
Features and description
- Immediate ‘exchange of contracts’ available
- Being sold via ‘Secure Sale’
- Well Presented 1 Bedroom Flat
- 10% Yield At The Current Asking Price
- Low Maintenance Front Garden
- Gas Central Heating System
- Currently Tenanted At £400 PCM
- Close Proximity To Grimsby Town Centre
- U PVC Double Glazing
(WE ARE OFFERING PART ONLY OF THE PROPERTY SHOWN IN THE PHOTOGRAPH)
With a yield of 10% at the current asking price, this is an excellent sitting investment for any perspective landlord.
This well planned accommodation briefly comprises of a communal hallway, internal hallway and landing, kitchen, living room, bedroom and shower room.
The current tenant has been in situ since November 2024 paying £400PCM, making for an excellent sitting investment and viewing is highly recommended.
Ground Floor
Communal Hallway
Entered via a uPVC double glazed frosted front door and providing access to the flat.
First Floor
Landing
Accessed via a staircase off the communal hallway and complete with a storage cupboard and a radiator.
Living Room
3.89m x 4.51m
With a uPVC double glazed front window and a radiator.
Kitchen
2.76m x 2.57m
With a range of wall and base units incorporating a basin with a mixer tap and space and plumbing for other white goods and a washing machine. Complete with partial tiling and a uPVC double glazed rear window.
Bedroom
4.03m x 2.64m
With a uPVC double glazed rear window and a radiator.
Bathroom
An attractive three piece suite comprising of a walk-in shower, pedestal basin and w.c. Complete with partial tiling.
Garden
We understand the property has the benefit of the front garden, which is mainly concreted and surrounded by dwarf brick walling.
NOTE
Please be advised that the photographs were taken prior to the tenancy commencement in November 2024.
Tenure
Leasehold - For a term of 99 years from 12th August 2004. Due to the current lease length being below 80 years, the property will be unmortgageable to some lenders. All interested parties are advised to make their own enquiries.
Broadband & Mobile Phone Coverage
Please use the following link to check the mobile phone and broadband coverage for this property.
Services
We have not tested or inspected any heating systems, fixtures, appliances or services, purchasers should rely on their own survey.
Council Tax Band A
This information was obtained on the 15th July 2025 and is for guidance purposes only. Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation. Additionally, there may be circumstances when the Council Tax can be altered on change of ownership. All interested parties are advised to make their own enquiries. See
Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 77
Annual Service Charge Amount: £200.00
Rooms
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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.
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 equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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