Residential Development
A superb residential conversion offering 8x Town Houses.
The site comprises of the Old Maltings Building and has recently been converted into 8 , three storey, unique town houses which are finished to a high standard throughout.
Offering 5x 3 Beds and 3x Two Beds.
5 Properties are accessed off a communal lobby whilst the other properties have their own access.
This development is ideally suited to a large market as either an Airbnb type investment or standard buy to let investment, in addition to owner occupiers as ideal first time buyers/professionals.
Well located in the desirable village of Barton upon Humber and within walking distance of the centre, which has an abundance of character properties and a host of amenities including shops, bars, restaurants and schooling. The A15 and M180 are close by as is The Humber Bridge giving direct access to Hull.
An ideal investment opportunity with estimated total rental value of circa £82,800 per annum on a standard AST letting, if fully let. We understand this rental figure could increase if utilised as a holiday type/Airbnb lettings.
Please note that for the purpose of viewings, the address to use is The Old Maltings, Maltby Lane DN18 5PY.
The auctioneer have not inspected internally at present but further interior photographs will be provided. We believe the accommodation to comprise;
Ground Floor- Hallway, w.c. Kitchen / Lounge. First Floor- Bedroom with En-Suite, Bedroom Two and Shower Room. Second Floor- Bedroom Three and En-suite.
Ground Floor- Hallway, w.c. Kitchen / Lounge. First Floor- Bedroom and bathroom. Second Floor- Bedroom Two and En-suite.
Ground Floor- Lounge, Kitchen and w.c. First Floor- Bedroom and Bathroom. Second Floor- Bedroom and Shower Room.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
We have been made aware this property is in the Barton-upon-Humber conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.
O2, EE, Three and Vodafone are available in this location.
BT and Sky are available in this location.
Standard 19 mbps. Superfast 80 mbps. Ultrafast 1000 mbps.
Freehold. Vacant possession upon completion.
- Heating Supply: Double Glazing
- Electric Supply: Mains Supply
- Water Supply: Mains Supply
- Sewerage Arrangements: Mains Supply
On Street
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 3.6% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
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 (and any applicable Home Report for residential Scottish properties).
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.
