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Waterside Road, Barton-Upon-Humber, DN18

PROPERTY TYPE

Block of Apartments

BEDROOMS

5

BATHROOMS

5

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • SPACIOUS PERIOD TOWN HOUSE
  • 5 SELF CONTAINED 1 BED FLATS
  • TENANTS IN SITU WITH IMMEDIATE CASH FLOW
  • PRIME INVESTMENT OPPORTUNITY
  • MODERN METHOD OF AUCTION
  • CLOSE TO AN EXCELLENT RANGE OF LOCAL AMENITIES & TRANSPORT LINKS
  • VIEW VIA OUR BARTON OFFICE

Description

PRIME INVESTMENT OPPORTUNITY – FULLY LET FREEHOLD BLOCK – IMMEDIATE RENTAL INCOME 

A rare chance to acquire a spacious Victorian town house, converted into five self contained one bedroom flats, ideally positioned in the heart of Barton-upon-Humber. 

The property is being sold with tenants’ in situ, providing immediate cash flow and no void periods, currently generating an approximate gross annual income of £21,600, with clear scope to increase yields through modernisation. Located in a safe residential area within walking distance of shops, amenities, Bus/Rail links, and local schools. This freehold block represents a strong long-term investment in a consistently high demand rental area. 

Property Summary

Total Units: 5 × 1 bed flats (each with kitchen, living room, bedroom, and bathroom)

Tenure: Freehold

Income: Approx. £21,600 per annum

Tenants: Fully let, tenants in situ

Management: Currently managed by Paul Fox Lettings

Outside: Communal garden area + on street parking

Condition & Recent Improvements

Flat A

New bathroom suite – 2023

Front window replaced – 2011

New combi boiler – 2020

Flat B

New combi boiler – 2019

New front double glazed windows – 2025

Flat C

New combi boiler – 2023

New front double glazed windows – 2025

New bathroom suite – 2023

New kitchen units – 2015

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.

Flat D

New double glazed windows & door – 2018

New combi boiler – 2025

Flat E

New double glazed windows & door – 2018

New kitchen units – 2014

New bathroom suite – 2014

New combi boiler – 2024

Viewing Arrangements

Viewings strictly by appointment via our Barton office: .

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Waterside Road, Barton-Upon-Humber, DN18

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About Paul Fox, Barton-Upon-Humber

11 King Street, Barton-Upon-Humber, DN18 5ER
Industry affiliations:

ABOUT US

Paul Fox Estate Agents your LOCAL Independent Estate Agents!

So what makes us different from other agents in the North Lincolnshire?

Paul Fox Estate Agents is a Local Independent Estate Agent established by in 1991 by Mr Paul Fox, being born and raised in the area of Scunthorpe and being a fully qualified Chartered Surveyor by 1985.

With a great understanding, wealth of knowledge, and experience of the North Lincolnshire area and the property industry Paul Fox Estate Agents now boasts five FAMILY run offices.

At all four of our branches we have strong competitive experienced teams who all understand the challenges faced in the Industry.

We all embrace change and are constantly challenging tradition because we have a strong desire to improve the way our Industry operates. We do business differently to give you the edge.

All our staff are fully trained in all aspects of the property transaction in order to keep a high level of customer service at all times, from the initial point of instruction to handing over the keys to the new buyer. Our success in selling the high volume of homes can be attributed to the quality of staff and the highest level of marketing that can be individually tailored to suit both your home and your requirements.

All our offices are computer linked using state of the art, industry leading software which provides full marketing of all properties and buying services, this together with our forward thinking and proactive approach ensures all our clients receive the highest possible level of service they deserve.

Not only can we ensure that the right buyer or tenant is found for your property and finding your dream home, but at Paul Fox we can help with your entire transaction, from start to finish, with access to a range of surveying, conveyance and financial services in house.

OUR INTENTION IS SIMPLE! TO PROVIDE A SERVICE THAT IS SECOND TO NONE WHETHER YOUR ARE BUYING, SELLING OR RENTING!

Affordability

Monthly repayments£821
Property: £ 180,000
Deposit: £ 18,000
Interest rate: 4.5%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 04b61f53-1956-466e-83d0-e43567effdec. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Fox, Barton-Upon-Humber. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fox, Barton-Upon-Humber on 01652 248447.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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