Modern Method of Auction
Auction date not yet published
3-bedroom terraced house · HU9 2PJ
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroom mid terrace house, located off Southcoates Lane. The property requires a scheme of updating throughout the interior and exterior of the property.
The accommodation comprises:- Entrance with stairs off, lounge, kitchen, lobby, WC, first floor, three bedrooms and bathroom. Garden areas. Garage.
For sale via the modern method of auction in conjunction with I AM Sold. Viewing via Leonards.
Property additional info Location: The property is located off Southcoates Lane off Holderness Road which has numerous amenities, shops, and local bus routes.
There are also local schools nearby, East Park is a short walk away, and Woodford Leisure Centre is a five minute drive. Entrance: Front entrance door. Stairs to the first floor. Radiator.
Lounge: 4.02m x 3.91m (13' 2" x 12' 10") Window to the front elevation (broken and boarded). Fire surround. Radiator. Under stairs cupboard.
Kitchen: 3.09m x 3.92m (10' 2" x 12' 10") Containing a range of units. Window to the rear (broken and boarded). Gas fired central heating boiler (not tested). Lobby: Rear entrance door. WC: WC.
Gas water heater (not tested). Window to the rear elevation. First Floor: Access to roof void. Bedroom One: 4.08m x 2.96m (13' 5" x 9' 9") Window to the front (boarded). Radiator. Cupboard.
Bedroom Two: 3.20m x 2.15m (10' 6" x 7' 1") Window to the rear elevation. Radiator. Cupboard with tank. Bedroom Three: 2.29m x 1.82m (7' 6" x 6' ) Window to the front elevation (broken). Radiator.
Bathroom: 1.48m x 2.59m (4' 10" x 8' 6" + recess area) Suite of bath, basin and WC. Window to the rear. Tiling to the walls. Radiator. Outside: Areas to the front and rear.
Garage: 5.25m x 3.12m (17' 3" x 10' 3") Anti Money Laundering Compliance: Estate Agents are required by law to conduct anti money laundering checks on all clients who either sell or buy a property.
We outsource to a partner supplier Creditsafe who in conjunction with Credas will conduct a check of all parties. The cost of these checks are £25 + VAT (£30 including VAT) per legal seller and buyer.
This is a non refundable fee. These charges cover the cost of obtaining the relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid, and checks completed in advance of us marketing a property for sale or being able to issue a memorandum of sale on a property you would like to buy.
Auction Appraisal: Property renovation, plot of land, tenanted investment, looking to achieve a quick sale at full value, have you ever thought about auction?
Why not contact Leonards and speak with one of our auction team for advice or a free no obligation auction appraisal, we hold regular property auction sales throughout the year.
Auction Viewings: This property is for sale under the Modern Method of Auction with our partner agent IAM SOLD. All viewings are conducted by Leonards.
Please note that when you book a viewing for an auction property, your personal details including your name, address, telephone number, and email address will all be shared with IAM SOLD.
Following the viewing, an auction specialist from their team will contact you to discuss the property. All of the calls with IAM SOLD will be recorded for training and monitoring purposes.
Auctioneers Comments: 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 winning bidder will pay £349.00 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 4.5% 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.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Energy Performance Certificate: The current energy rating on the property is D (68).
Purchaser Outgoings: From internet enquiries with the Valuation Office website the property has been placed in Band A for Council Tax purposes. Local Authority Reference Number 3.
Prospective buyers should check this information before making any commitment to take up a purchase of the property.
Referral Fees: As part of our service, we often recommend buyers and sellers to our local conveyancing providers, namely Jane Brooks Law, Graham & Rosen and Brewer Wallace whereby we will obtain from them on your behalf a quotation.
It is at your discretion whether you choose to engage the services of the provider that we recommend.
Should you do so, you should know that we would expect to receive from them a referral fee of £104.17 + VAT (£125.00 including VAT) from Jane Brooks Law or £104.17 + VAT (£125 including VAT) from Graham & Rosen or £100.00 +VAT (£120.00 including VAT) from Brewer Wallace for each successful completion transaction for recommending you to them.
We will also have a mortgage referral arrangement with Hull Moneyman for which we will receive a fee based on the procuration fee they receive.
Services: The mains services of water, gas and electric are connected. None of the services or appliances including boilers, fires and any room heaters have been tested.
For mobile/broadband coverage, prospective occupants are advised to check the Ofcom website:- Tenure: The tenure of this property is Freehold.
Value & comps
No previous sales on record.
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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
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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 advisors before making any investment decisions.
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Deal
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