Durban Road

Starting Bid: £30,000

Durban

STEP INSIDE

Durban Road EPC: D | Tenure: Leasehold | Council Tax: A 2

Flat Overlooking Grant Thorold Park

Leasehold: 99 years from 1987

Potential Annual Rental Income: £6000 (subject to compliance)

Investment opportunity to own a first-floor flat on Durban Road, perfectly situated with a view overlooking Grant Thorold Park. This property offers an ideal blend of convenience and potential, making it an excellent choice for both cash buyers seeking a cosy home and investors looking to enhance their rental portfolio.

Property Features:

Entrance & Hallway:

Accessed from the front of the property through a small shared entrance, the flat boasts its own staircase leading up to a spacious hallway. With built-in storage, this area is perfect for keeping your living space organized and clutter-free

Living Room:

The generously-sized living room is a highlight, featuring a private balcony that offers views of Grant Thorold Park. It's the perfect spot to unwind after a long day, enjoy your morning coffee, or entertain guests.

Bedrooms:

The flat comprises two comfortable bedrooms, providing ample space for rest and relaxation. Each room is designed to maximize comfort and natural light, ensuring a cosy and inviting atmosphere.

Bathroom:

A well-appointed bathroom serves the flat, with a bath, basin and w/c

Kitchen:

The functional kitchen also provides access to an alternative exit via the outdoor staircase leading to your private rear garden. This outdoor space is perfect for gardening enthusiasts or those looking to enjoy a bit of fresh air and sunshine.

Location & Amenities:

Convenience:

Situated in a prime location, this flat offers easy access to regular public transport links, connecting you to both Grimsby and Cleethorpes town centres. Whether youre commuting for work or exploring the local area, you'll find travel convenient and straightforward.

Local Amenities:

Within a 5-minute walk, you'll find a handy convenience store, perfect for all your daily essentials Additionally, a post office is just a 10-minute walk away, ensuring you have all necessary services within easy reach

Investment Opportunity:

This flat presents a fantastic opportunity for investors, with a potential annual income of £6000, subject to

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Key Facts For Buyers

Agents notes: All measurements are approximate and for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on The fixtures, fittings and appliances referred to have not been tested and therefore no guarantee can be given that they are in working order. Internal photographs are reproduced for general information and it must not be inferred that any item shown is included with the property. For a free valuation, contact the numbers listed on the brochure.