Residential Portfolio in LN12

Victoria Road, Mablethorpe, Lincolnshire, LN12 2AJ

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Online auction

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • Three Self Contained Flats
  • 56 FT workshop
  • INVESTMENT OPPORTUNITY
  • Two separate garages
  • Driveway
  • 0.2 miles away from town centre

Residential Portfolio in LN12

FOR SALE VIA AUCTION: terms&conditions apply.

We are pleased to offer to auction this brilliant investment opportunity. The detached property is split into a two bedroom ground floor flat, one bedroom ground floor flat, three bedroom 1st and 2nd floor flat, 2 garage units and a 56ft workshop. The flats are currently tenanted and will be sold with these in situ. The property is located within 0.3 miles of the beach and town centre of Mablethorpe.

Please note we have not inspected this property.

Summary

  • Property Type: Residential Portfolio
  • Parking: Allocated

Location

The subject property is located along Victoria Road within 0.3 miles of the beach and town centre of Mablethorpe. Mablethorpe is a small seaside resort on the east coast of Lincolnshire, approximately 17 miles north of Skegness. The town has a range of shops and amenities including a cinema, sports centre, primary school and health care centre. Regular bus services run to the larger resort of Skegness and the market towns of Alford and Louth where a greater range of shops can be found along with secondary schools both grammar and comprehensive.

Flat 1 Accommodation

Flat 1 (Ground Floor)



2.841m x 1.812m



With base and wall cupboards with worktop over, inset sink, electric oven with hob and extractor over, Upvc door to rear aspect, plumbing and space for a washing machine, door to;



Conservatory



4.796m x 2.590m



Constructed of Upvc and brick, electric points and door to;



Entrance Hall



Doors to;



Bathroom



2.432m x 1.833m



With Upvc window to side aspect, corner shower cubicle, ladder style radiator, low level wc, panelled bath and wash hand basin.



Kitchen



3.348m x 2.421



With wall and base cupboards and worktop over, Upvc window to side aspect, 1 and 1/2 stainless steel sink, built in high level oven, gas hob with extractor over and ladder style radiator.



Lounge



3.572m x 3.431m



With Upvc window to side and rear aspect, radiator and electric fire.



Bedroom One



3.626m x 3.049m



With Upvc window to front aspect and radiator.



Bedroom Two



2.616m x 2.226m



With Upvc window to front aspect and radiator.

Flat 2 Accommodation

Flat 2 (Ground Floor)



Kitchen



2.841m x 1.812m



With base and wall cupboards with worktop over, inset sink, electric oven with hob and extractor over, Upvc door to rear aspect, plumbing and space for a washing machine, door to;



Lounge



3.648m x 3.501m



With Upvc window to front aspect, radiator and door to;



Bedroom



3.676m 3.585m



With Upvc window to front aspect, radiator and door to

Flat 3 Accommodation

Flat 3 ( First and Second Floor)



Entrance Hall



With Upvc door to rear aspect, radiator and understairs cupboard.



Kitchen



3.610m x 3.502m



With Upvc window to rear aspect, wall and base cupboards with worktop over, inset sink, built in oven with hob and extractor and ladder style radiator.



Lounge/ Diner



6.156m x 3.652m reducing to 2.623m



With two Upvc windows to front aspect, radiator and electric fire.



Bathroom



3.990m x 2.023m



With Upvc window to rear aspect, free standing bath with telephone shower attachment, radiator, corner shower cubicle, low level wc and wash hand basin.



Bedroom One



3.650m x 2.716m



With Upvc window to front aspect, fitted wardrobes, radiator and door to;



Walk In Wardrobe



With Upvc window to side aspect and combi boiler.



Landing



With Stairs to second floor and Velux window.



Bedroom Two



4.576m x 3.762m max



With Upvc window to front aspect, radiator and doors to;



WC



With window to side aspect, low level WC and wash hand basin.



Beroom Three



4.474m x 3.324m max



With Upvc window to front aspect, radiator and door to;



Walk In Wardrobe



With window to side aspect and radiator.

Work Shop Accommodation

Workshop

17.269m x 4.816m

With double doors to side aspect, base units with worktop over, office area, power and lighting.

Unit 1

With Car port style roofing, decked area and ample of storage room.

Unit 2

With Doors to front aspect, fully enclosed with light and power.

External

With a concrete driveway that leads to a courtyard area to the rear.

Tenure

Freehold

Council Tax

Band A

EPC

Available Upon Request (Rating C).

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. 

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
‚Äč£250,001 to £750,001 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk

 

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