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40 Castle Street, Grimsby, Lincolnshire DN32 7LW

Lot no: 123 Sold Prior to Auction
 

Guide Price £30,000+ plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Thursday 26th January 2023

10.00am
Key Features
  • Mid terrace investment opportunity
  • Arranged as a five bedroomed HMO
  • EPC Rating: D
  • Council Tax Band: A
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Sold Prior to Auction

Terraced House

Property Description:

Mid terrace investment property arranged as a five bedroom HMO.

The property is located to the east of Grimsby Town Centre within a popular and predominantly residential area. Locally the property is well serviced by way of a number of independent shops, larger supermarkets and a good number of leisure attractions. Transport links include Grimsby Docks railway station located close-by as well as convenient access to A16 road and a popular local bus network.


Ground Floor
Bathroom

6ft 5 x 7ft 1

Kitchen

11ft 3 x 6ft 6

Bedroom

8ft 4 x 9ft 5

Bedroom

8ft 6 x 12ft 4

First Floor
Bedroom

14ft 5 x 6ft 6

Bedroom

8ft 7 x 12ft 6

Bedroom

12ft 10 x 12ft 4

Buyers Fee

Please note that the buyers fee on this lot is £2400 inc VAT.

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure:

Freehold. Vacant possession upon completion.



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee (England and Wales).

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1074 inc. VAT

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.