This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022. For more information on Stamp Duty Land Tax, click here.
1/10
£38,000
2 bedroom Mid Terrace House for sale, Ripon Street, Grimsby, Lincolnshire, DN31
Features and Description
- 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
- Single bathroom
- EPC rating D
- Council tax band A
- Potential rental income £500/month
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.
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 be funded.This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you
Living Room
10'5" x 12'1" (3.18m x 3.68m)
Dining Room
11'3" x 12'3" (3.43m x 3.73m)
Kitchen
11'1" x 6'0" (3.38m x 1.83m)
Bathroom
5'6" x 6'8" (1.68m x 2.03m)
Bedroom 1
10'7" x 12'2" (3.23m x 3.70m)
Bedroom 2
11'5" x 12'1" (3.48m x 3.68m)
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Ripon Street, Grimsby, Lincolnshire, DN31
Additional Information
-
Property refGRI240414
-
EPCD
-
TenureFreehold
-
Council TaxA
-
Local authorityNorth East Lincolnshire County Council
Do you have a property you need to sell?
Reeds Rains Estate Agents Grimsby
Reeds Rains Grimsby
6 Bethlehem Street, Grimsby, DN31 1JU
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Monthly payment
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Borrowing £34,200 and repaying over 25 years with a 2.5% interest rate.
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Nearby locations
Photos
Floorplan
Map view
Street view
Living Room
10'5" x 12'1" (3.18m x 3.68m)
Dining Room
11'3" x 12'3" (3.43m x 3.73m)
Kitchen
11'1" x 6'0" (3.38m x 1.83m)
Bathroom
5'6" x 6'8" (1.68m x 2.03m)
Bedroom 1
10'7" x 12'2" (3.23m x 3.70m)
Bedroom 2
11'5" x 12'1" (3.48m x 3.68m)
Rear Garden
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
62Potential
79CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs