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*ONLINE Unconditional Auction Opening 10 March 2025*
To register for the legal pack and bidding, please visit our website auctionhouse.co.uk lincolnshire

Situation
The property is situate on Wellington Street, Grimsby a popular and central area of this north east Lincolnshire market and port town. The town centre is within close proximity offering a wide range of facilities and amenities both retail and leisure and Grimsby itself is well positioned for access to the M180 road network.

Description
A mid terrace house offered for sale in need of some modernisation but benefiting from versatile and deceptive accommodation throughout. The property boasts well proportioned rooms and the scope to convert to an HMO subject to the necessary planning permissions being obtained. This property will appear to those investors and owner occupiers alike being a project and offering high potential yield. An internal viewing is a must to appreciate the scope of the accommodation on offer. As a 5 bedroom HMO, the property could generate up to £450 per week £23,400 per annum , or, once refurbished, a single let at £650pcm £7,200 per annum based on properties of a similar style in the area.

Accommodation Ground Floor
Entrance Hallway
Lounge
Dining Room
Kitchen
Sitting Room

First Floor
Bedroom 1
Bedroom 2
Bedroom 3
Bathroom

Outside
Front and rear gardens
Material Information Tenure
The property is freehold. All prospective bidders should satisfy themselves of the tenure 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. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.

Tenure Freehold

EPC Rating D

Administration Fee £3600 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.