Guide price
£69,000
2 bed flat for salePoplar Road, Cleethorpes, N E Lincs DN35
2 beds
1 bath
1 reception
EPC Rating: D
About this property
Being sold via ‘Secure Sale’ at Modern Auction
2 Bedroom Ground Floor Flat
Suitable for Landlords Only
Immediate ‘exchange of contracts’ available
Sitting Tenant paying £550 pcm
Highly Popular Cleethorpes Location
Fully Compliant Rental Investment
Council Tax Band A
EPC Grade D
Now available to market is this lucrative and enviably placed ground floor apartment that boasts close proximity to the famous Cleethorpes sea front as well a range of popular high streets and other amenities.
Currently serving as a lucrative buy-to-let investment with a long term sitting tenant, the apartment returns £550 pcm as well as being fully compliant with modern legislation making this a purchase only suitable for landlords or buy to let investors.
The property has additional bonuses that many in the area could not claim such as off road parking to the front and a full damp course completed only two years ago with associated paperwork available.
Please note that this property is currently subject to a shorter lease with 57 years remaining with a standing ground rent charge of £30 pa. Buyers would be encouraged to make their own enquiries regards lease terms or extension.
That landlord advises that the tenancy has been subject to a rent increase each year, specifically activated in March each year and that this forms a specified condition within the tenancy itself.
This agent is also aware of ongoing treatment for Japanese Knotweed within the garden. The problem is in hand and a course of effective treatment will be settled in full by the current owner.
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
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.
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More information
Tenure
Leasehold (56 years)
Service charge
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review



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