Guide price
£38,000
2 bed terraced house for sale
Ripon Street, Grimsby, Lincolnshire DN31Auction
Freehold
2 beds
1 bath
2 receptions
EPC Rating: D
Key information
Tenure
Freehold
Council tax band
A
About this property
For Sale by Modern Auction – T & c’s apply
Subject to Reserve Price
Buyers fees apply
The Modern Method of Auction
Investment opportunity
No forward chain
Good condition throughout
Two bedrooms
One reception room
Well-appointed kitchen
This is a charming terraced property, listed for sale and presented in good condition. The property comprises a layout of two bedrooms, making it a suitable choice for a small family or a couple. The house further benefits from one reception room, providing ample space for relaxation and entertainment. There is also one well-appointed kitchen, ready for cooking up a storm. The property features a single bathroom, just enough to cater to your daily needs.
The current EPC rating for the property is D, indicative of its energy efficiency. It also falls under council tax band A, providing a cost-effective solution for potential buyers.
One of the key attractions of this property is its potential as a great first-time purchase or investment opportunity. It's ready to be rented out immediately, with a potential rental income of £500 per calendar month, resulting in a gross yield of 12%.
The property does have an outdoor space, a garden that, while currently requiring some care and attention, has the potential to be transformed into a beautiful outdoor retreat. Once the necessary works have been completed, the garden promises to be a good size, perfect for those warm summer evenings or for children to play.
Please note that this is a well-loved home with plenty to offer its new owners. This property is waiting for someone to make it their own, with its ample space and potential.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.
GRI240414/8
Location
Ripon Street is located only approximately 400m from Grimsby Town centre, just off Lord Street, making it extremely convenient for all the facilities such as shops, restaurants, public houses and transport links.
It is also only a short distance to the A180 motorway, making it ideal for commuters. Macaulay primary academy is only 500m away and provides schooling at KS1 and KS2.
It is an area popular with first-time buyers, young families and investors due to its convenient position and ease of transport links.
For Sale Via 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 Limited.
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 (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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 (truncated)
Main Accommodation
Living Room (3.18m x 3.68m (10' 5" x 12' 1"))
Dining Room (3.43m x 3.73m (11' 3" x 12' 3"))
Kitchen (3.38m x 1.83m (11' 1" x 6' 0"))
Bathroom (1.68m x 2.03m (5' 6" x 6' 8"))
Bedroom 1 (3.23m x 3.7m (10' 7" x 12' 2"))
Bedroom 2 (3.48m x 3.68m (11' 5" x 12' 1"))
Rear Garden
More information
Listed by
Reeds Rains - Grimsby