1 bed flat for sale

Bodiam Way, Grimsby DN32

Summary

(we ar offering part only of the property shown in the photograph)
With no stamp duty payable upon completion, this 1 bedroom apartment would make an ideal first time buyer or investment purchase.
Located on the top floor of the secure apartment block, the property could achieve an annual rent of 450PCM once modernised, which represents an income of 5,400 P.A.
Presenting excellent cash flow potential, viewing is a must.

Ground Floor

Communal Hallway

Accessed via a key coded communal front door, the apartment is located on the top floor of the apartment block.

Entrance Hall

With a uPVC double glazed frosted front door, two large storage cupboards and access to the loft.

Living Room

4.94m x 3.19m

With a uPVC double glazed side window as well as a side frosted window. Complete with ceiling coving and an electric radiator.

Kitchen

2.36m x 3.18m

With a range of wall and base units incorporating a basin and space for a cooker as well as other white goods. Complete with a uPVC double glazed frosted window, large pantry cupboard, partial tiling and an electric radiator.

Bedroom 1

3.99m x 3.08m

With a uPVC double glazed side window and an electric radiator.

Bathroom

A three piece suite comprising of a bath, w.c. And a pedestal basin. Complete with a uPVC double glazed frosted window and a cupboard containing the hot water tank.

Tenure

The property is held on 125 year lease from 1st January 1988 with a ground rent payable of 10 per annum. All interested parties are advised to make their own enquiries.

Service Charge

We understand that there is a service charge of 20 per month. Interested parties are advised to make their own enquires.

Broadband & Mobile Phone Coverage

Please use the following link to check the mobile phone and broadband coverage for this property.

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 88
Annual Ground Rent Amount: 10.00
Annual Service Charge Amount: 240.00

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.