Sold after auction for an undisclosed amount

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By Order of the Executor

A large ground floor flat (688 sq ft, source EPC) with outside space, the property will benefit from refurbishment. Originally a 2 bedroom flat, currently arranged in a 1 bedroom layout. Development potential, vacant.

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Description/Location

Situated in the resort of Cleethorpes close to the seafront and town centre amenities. The flat is habitable but dated and will benefit from cosmetic refurbishment. It could easily be reconfigured to provide 2 bedroom accommodation. We estimate the rental value as a 1 bedroom unit is £450 pm.

Tenure

Leasehold: 99 years from 24/01/1986
Energy Rating: D

Local Authority

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor; Sitting room, double bedroom, kitchen and open plan living room, bathroom. Outside: Private outside space.

Rent

ERV: £5400 pa

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.