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" A large, 3 bedroom, traditional end of terrace home that is currently occupied by a long-term tenant paying £5,040 per annum. It offers a ready made investment opportunity that represents a 10% gross yield at the current guide price. Located in an established residential position in DN32 that is handy for shops, amenities and transport links.



Location    Peaksfield Avenue is an established residential position, located between Hainton Avenue and Peaks Parkway in the historic port town of Great Grimsby.
It is an extremely convenient position that is popular with families and first time buyers to the close proximity to amenities.
Grimsby Town centre is only a short 5 minute drive away, providing purchasers with access to its many facilities that include shops, restaurants, bars, hotels and transport links. Schooling is incredibly well served with the highly regarded ‘Lisle Marsden‘ primary academy, which provides education at KS1 and KS2 being only a 2 minute walk away. For KS3 ‘Oasis Academy Wintringham‘ is also within a very short walking distance and for higher education the ‘Grimsby Institute‘ is only a 10 minute walk. Making it perfect for
families. Transport links are also well catered for with incredibly easy access to both the A46 and A16, making it ideal for commuters.

FOR SALE BY MODERN AUCTION    This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of 300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Main Accommodation

Entrance Hall 3‘1&quote; x 19‘7&quote; (0.94m x 5.97m).

Living Room 8‘9&quote; x 11 (2.67m x 11).

Dining Room 12‘6&quote; x 13‘7&quote; (3.8m x 4.14m).

Kitchen 17‘2&quote; x 8‘7&quote; (5.23m x 2.62m).

First Floor Landing

Bedroom 1 13‘8&quote; x 11 (4.17m x 11).

Bedroom 2 8‘5&quote; x 12‘8&quote; (2.57m x 3.86m).

Bedroom 3 8‘7&quote; x 5‘6&quote; (2.62m x 1.68m).

Bathroom

Front Garden

Council Tax Band - A

EPC Rating - D



IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

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