130B Brereton Avenue, Cleethorpes, South Humberside, DN35 7RL

Situation: The property is situated on Brereton Avenue, Cleethorpes a popular and central area of this north east Lincolnshire market and port town. The town centre is within close proximity offering a wide range of facilities and amenities both retail and leisure and Grimsby itself is well positioned for access to the M180 road network. Description: A first floor flat benefiting from uPVC double glazing, central heating and versatile accommodation throughout. The property boasts well proportioned rooms and the scope add value. This property will appeal to those investors and owner occupiers alike being an ideal project and offering high potential yield at the advertised guide price, with potential to let at £550pcm (£6600 per annum) once renovated based on properties of a similar style in the area. An internal viewing is a must to appreciate the scope of the accommodation on offer. Accommodation Hallway: Kitchen: 3.30m x 3.0m Sitting Room: 4.70m x 3.60m Bedroom: 4.00m x 3.10m Bedroom: 3.00m x 2.40m Bathroom: With suiteMaterial Information: Tenure: The property is leasehold on a term of 199 years from 1 October 2008 at a ground rent of £50.00 per annum. The ground rent increases every 25 years of the term by doubling to a maximum of £800.00 p.a. All prospective bidders should satisfy themselves of the tenure by inspecting the legal pack. Council Tax: The property falls within N…

From the Auction House South Yorkshire listing. Read the full listing and legal pack →