Pasture Road, Goole, DN14 6DP
£95,000
Guide Price
Property Features
- 2 separate flats held under 1 title (with potential to add value)
- Annual gross rent for both flats = £11,472 (12.07% gross yield)
- Double glazed windows throughout
- No service charge or ground rent (as held under freehold)
- Spacious living areas
- Close to Ofsted-rated 'Good' schooling
- Both flats are tenantedWithin short walking distance to Goole & District Hospital (0.8 miles), Tesco Superstore (0.2 miles), Murham Avenue Park (0.5 miles), the River Ouse (0.8 miles)
- Both flats are tenanted
- Ideal for investors
Property Summary
This property is to be offered for sale by PROPERTY SOLVERS ONLINE UNCONDITIONAL AUCTION (28-DAY IMMEDIATE EXCHANGE).Bidding opens on 7th December at 12pm and closes on 13th December at 12pm with a GUIDE PRICE of £95,000.
Unique Investment Opportunity: A Well-Maintained Dual Flat Property at 119a/b Pasture Road, Goole, DN14 6DP
Description
Property Solvers Online Auctions are delighted to present a promising investment opportunity at 119a/b Pasture Road - a residential asset comprising two generously sized flats, held under one title, nestled in the heart of Goole. This versatile property opens doors to significant value addition while ensuring a robust annual gross rental income of £11,472, marking a 12.07% gross yield.
Upon entering the ground floor flat, you're welcomed by a cosy kitchen measuring 11'5" x 4'9", which leads into a hallway. Taking a left unveils a convenient bathroom of dimensions 11'4" x 4'11". As you proceed down the hall, a handy storage cupboard can be found to the left. Further exploration brings you to a spacious lounge measuring 14'7" x 13'10", and a snug bedroom of dimensions 13'5" × 8’2". The living experience extends outdoors to a concrete backyard, ideal for outdoor leisure or dining, cumulatively enveloping a total area of 493 sq. ft.
Access to the first-floor flat is facilitated via a separate staircase on the left side of the property. Reaching the top, you're greeted by a compact bedroom measuring 10'9" x 5’2”. Adjacently lies a comfortable lounge of dimensions 13'1" x 9’1”. To the right, the kitchen measuring 14'1" x 5’2’ stands next to a well-proportioned bathroom of dimensions 14'1" × 6'0", which houses a large storage cupboard.
Property highlights include two separate flats under one title, offering a bountiful scope to augment value. The double-glazed windows throughout ensure energy efficiency. Thanks to the freehold title, occupants are exempt from service charges or ground rents. The spacious living areas further enrich the comfortable living environment.
Location advantages extend to proximity to essential amenities. The property is a mere 0.8 miles from Goole & District Hospital, 0.2 miles from Tesco Superstore for easy grocery shopping, 0.5 miles from Murham Avenue Park for a refreshing escape, and 0.8 miles from the River Ouse for peaceful riverside walks.
Families can also benefit from nearby esteemed educational institutions. Boothferry Primary School, Goole Academy, and Kingsway Primary School are all within easy reach, each boasting good OFSTED ratings and located at 0.38 miles and 0.49 miles away respectively.
Discover the potential and convenience 119a/b Pasture Road has to offer. This rare find in Goole showcases both immediate rental income potential and the prospect for future value appreciation, making it a compelling investment prospect.
More Information
The Property Solvers Auctions enquiry line is open 24/7 and we're happy to answer any questions.
28-day unconditional auction terms + conditions, AML requirements and fees are available on our website (Google "Property Solvers Auctions" and select "Auction Property for Sale" in the navigation).
The preliminary legal pack can be viewed directly via the auction listing itself. Property Solvers Auctions will update the legal pack and inform all parties that express interest in bidding. For conveyancing searches that are not received in time for the auction, a Professional Indemnity Insurance policy can be taken out.
Viewings
Viewings are available 7 days a week (including evenings).
Notice to Bidders
Please be aware that if your bid is successful on auction day, the exchange of contracts will happen immediately after the Auction. A 10% deposit will be required. The Reservation Fee (2% + VAT of the sale price) and Processing Fee (see below) will also be paid at the fall of the gavel (online hammer).
As part of the Property Solvers Online Auction process, bidders will be required to register online and provide proof of ID documents (passport and photo driving license). For a full list of requirements please see the legal pack documents.
Buyer Reservation Fee
A 2% + VAT (non-refundable) reservation fee and £125 + VAT processing fee will be due from the winning bidder.
