Investment or First time buyer opportunity – Three Bedroom Terraced House in Cleethorpes.

This three-bedroom terraced house is offered for sale with no forward chain and is currently occupied by long-term tenants who have been generating a reliable annual rental income of £5,976.
We understand from the vendor this property will be sold with VACANT POSSESSION as the tenants will soon now be vacating this property.

Situated in a popular residential area of Cleethorpes, the property is ideal for first time buyers as well as investors wanting to expand their rental portfolio. The location offers excellent access to local amenities including a convenience store, supermarket, veterinary practice, and a variety of takeaways. There are regular public transport links nearby and schools for all age groups within easy reach, making it a desirable area for tenants and families alike.

Inside, the property features a front lounge with a bay window, a second sitting or dining room, a galley kitchen, rear lobby, and a ground floor bathroom.

Upstairs, you’ll find three generously sized double bedrooms, with access to the loft, providing useful storage or potential for further use.

Externally, the home benefits from both a front and rear yard, offering low-maintenance outdoor space. If you’re looking to move in yourself, please call us to discuss potential options.

Auctioneer Comments:
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

TO VIEW OR MAKE A BID – Contact DDM Residential

Rooms

ENTRANCE HALL

LOUNGE 14' 6" x 10' 9" (4.42m x 3.28m)

SITTING/DINING ROOM 13' 9" x 13' 0" (4.2m x 3.96m)

KITCHEN 14' 11" x 8' 8" (4.55m x 2.64m)

LOBBY

BATHROOM 8' 8" x 7' 5" (2.64m x 2.26m)

LANDING

BEDROOM 13' 9" x 12' 5" (4.2m x 3.78m)

BEDROOM 13' 0" x 8' 0" (3.96m x 2.44m)

BEDROOM 11' 8" x 8' 8" (3.56m x 2.64m)

LOFT ROOM

Agents Note to Buyers
Prospective purchasers are advised that, in addition to the purchase price, further costs may be incurred when buying a property. These can include, but are not limited to, Stamp Duty Land Tax (SDLT), legal and conveyancing fees, survey costs, and mortgage arrangement fees. Buyers should ensure they seek appropriate financial advice and budget accordingly.