Claymore Close, Cleethorpes, Lincolnshire, DN35 8EN
Online auction
Situated within this established and sought-after residential location, conveniently placed for Cleethorpes.
This smartly presented first-floor flat provides an excellent opportunity for a couple, single occupier or landlord investor.
The accommodation is well maintained and attractively presented throughout, with the benefit of a modern fitted kitchen and a stylish bathroom. Further advantages include uPVC double glazing and a gas-fired central heating system.
Externally, there is a paved garden to the front and a garage and parking space situated within a nearby block.
The loft is also boarded out with electric supply.
The property is leasehold, held on a 99-year lease commencing on 1 June 1971, leaving approximately 44 years unexpired. Owing to the remaining lease term, the property is considered suitable for cash purchasers only.
Subject to satisfying the relevant statutory requirements, a purchaser would be entitled to seek a statutory lease extension of 90 years in addition to the existing unexpired term, with the ground rent reduced to a peppercorn. The lease extension would be subject to payment of a premium to the freeholder, together with the relevant valuation and legal costs. Prospective purchasers should obtain advice from a solicitor and specialist leasehold valuer before proceeding.
The abolition of the former two-year ownership requirement means a qualifying purchaser can currently commence the statutory process after acquiring the flat.
Ground Floor
Hall
With uPVC double glazed entrance door. Stairs to first floor accommodation.
First Floor
Landing
With radiator.
Living Room
4.54m x 3.45m
With coving, ceiling rose, radiator and uPVC double glazed window unit.
Kitchen
2.64m x 2.02m
Partially tiled and fitted with a good range of modern wall and base units incorporating a sink unit with drainer and mixer tap, having electric oven and hob, integrated fridge and freezer and washing machine. uPVC double glazed window unit.
Bedroom 1
3.66m x 2.69m
With fitted wardrobes. Radiator and uPVC double glazed window unit.
Bedroom 2
2.99m x 2.68m
With fitted wardrobes. Radiator and uPVC double glazed window unit.
Bathroom
With panelled ceiling and fitted with a gorgeous modern contemporary white bathroom suite comprising panelled bath with shower over, hand basin set in vanity unit and a low-flush w.c. uPVC double glazed window unit.
Gardens
We understand the owner of this flat has the use of the front garden.
Garage
There is a garage in a nearby block.
Tenure
Leasehold - For a term of 99 years from 1st June 1971 with a ground rent of £10 per annum. All interested parties are advised to make their own enquiries.
Length of Lease: 44
Annual Ground Rent Amount: £10.00


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 £6,000 + VAT (£7,200 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 auctions@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
£250,001 to £750,000 - £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 auctions@pattinson.co.uk
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