2-bedroom house · DN37 7HQ
Listing removedListed 193 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary **being sold via secure sale online bidding. Terms & Conditions apply.
- starting bid 108,000** Jackson Green & Preston are delighted to offer to the market for sale this 2 bedroomed semi-detached bungalow in Keith Crescent in Laceby.
The property comprises Entrance Hall, Living Room, Kitchen with a good selection of fitted units with integrated appliances (oven & hob) 2 Bedrooms and smart Shower Room with an attractive suite.
The property benefits from gas fired central heating and UPVC double glazing.
The property is currently let on an Assured Shorthold Tenancy Agreement to a longstanding Tenant at a passing rent of 480 per calendar month.
We anticipate a market rent for this property to be in the region of 750 per calendar month. The property stands on pleasant gardens and has a driveway leading to the garage.
Ground floor Entrance Hall With coving, storage cupboard, radiator, UPVC double glazed entrance door and side screen.
Living Room 4.4m x 3.37m With coving, radiator and 2 UPVC double glazed window units.
Kitchen 3.36m 2.93m - With attractive wall and base units incorporating sink unit with drainer and mixer tap and having integrated electric oven, gas hob and plumbing for a washing machine.
Gas fired central heating combination boiler. Radiator. UPVC double glazed window unit and UPVC double glazed entrance door.
Bedroom 1 4.3m x 3.16m With laminate flooring, radiator and UPVC double glazed window unit. Bedroom 2 3.52m x 3.15m With coving, radiator and UPVC double glazed window unit.
Shower Room Fitted with a smart suite comprising low flush w.c, hand basin and shower cubicle with glazed door and a shower. Heated towel rail and UPVC double glazed window unit.
Gardens The property has gardens to the front and rear. The rear has been largely laid to timber decked patio area with partial artificial lawned area and pebbles.
There is a driveway to the front providing off-road parking for several vehicles. Outbuildings There is a detached concrete garage.
Notes This property is currently let to a longstanding Tenant on an Assured Shorthold Tenancy Agreement with a passing rent of 480 per calendar month.
We anticipate a current market rent of value for this property is in the region of 750 per calendar month.
Broadband & Mobile Phone Coverage Please use the following link to check the mobile phone and broadband coverage for this property.
Services We have not tested or inspected any heating systems, fixtures, appliances or services, purchasers should rely on their own survey.
Council Tax Band B This information was obtained on the 05/02/2024 and is for guidance purposes only.
Purchasers should be aware that the banding of the property could change if information is brought to light that makes it clear to the Valuation Office Agency that an error was made with the original allocation.
Additionally, there may be circumstances when the Council Tax can be altered on change of ownership. All interested parties are advised to make their own enquiries.
See Council Tax Band: B Tenure: Freehold Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments 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 or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About 14, Keith Crescent, Grimsby
Explore nearby