2-bedroom detached house · DN14 6LT
For saleListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SITUATION The property is best approached from the Railway Crossing / Traffic Lights in the centre of Goole by travelling along Pasture Road and into Westfield Avenue.
On reaching the Tesco Express turn right into Newclose Lane where the property will be found on the left handside clearly marked by one of our distinctive For Sale Boards.
THE PROPERTY This consists of a Development Opportunity comprising a spacious Detached Bungalow standing in extensive overgrown gardens extending to approximately 0.38 Acres in a sought after residential location towards the edge of the Inland Port Town of Goole yet still within easy reach of all local amenities.
The accommodation which is in need of full modernisation presently comprises: ACCOMMODATION Entrance Hall Sitting Room Living Room Kitchen Front Bedroom Side Bedroom Bathroom with WC Rear Lobby TO THE OUTSIDE The property stands in extensive overgrown grounds extending to approximately 0.38 Acres (0.15 Ha) with a frontage of approximately 93' (28.3m) to Newclose Lane.
SERVICES It is understood that all mains services are available to the property but it is recommended that interested parties make their own enquiries with the Statutory Authorities.
COUNCIL TAX It is understood that the property is in Council Tax Band B, which is payable to the East Riding of Yorkshire Council.
OVERAGE AGREEMENT The property is being Sold Subject to an Overage / Clawback Agreement whereby in the event of Planning Consent being granted and implemented for any Use other than as a single residential dwelling then the Purchaser shall pay to the Seller a payment equivalent to 50% of the increase in value resulting from the granting of Planning Consent.
The Agreement shall be for a period of 25 years from the Completion of the Sale. VIEWING Strictly By Appointment Only.
Should you wish to view this property or require any additional information, please ring our Goole Office on .
OFFER PROCEDURE If you are interested in this Property and wish to make an Offer then this should be made to the Townend Clegg & Co Office dealing with the Sale.
I would point out that under the Estate Agency Act 1991, you will be required to provide us with the relevant Financial Information for us to verify your ability to proceed with the purchase, before we can recommend your Offer to the Vendor.
It will also be necessary for you to provide Proof of Identification in order to adhere to Money Laundering Regulations.
PROPERTY TO SELL Take advantage of our very competitive fees, ring to arrange your Free Marketing Advice and Appraisal. WHETHER BUYING OR SELLING LET US SMOOTH THE PATH TO YOUR NEW HOME.
ENERGY PERFORMANCE GRAPHS An Energy Performance Certificate is available to view at the Agent's Offices and the Energy Efficiency Rating and Environmental (CO2) Impact Rating Graphs are shown.
FLOOR PLANS These floor plans are intended as a guide only. They are provided to give an overall impression of the room layout and should not be taken as being scale drawings.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Newclose Lane, Goole, DN14 6LT
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