Initial price	£45,000
29/03/24	£40,000
03/05/24	£37,000
Price Change	-17.78%

The property is a Leasehold ground floor flat located close to local amenities and the Town Centre, with a short drive to the Grimsby Institute and the Diana Princess of Wales Hospital. The flat comprises of an entrance porch with a built-in cupboard, an open plan kitchen/living area with modern kitchen, two bedrooms, and a bathroom. The flat benefits from u.PVC double glazing, gas central heating, and a communal area to the rear. The property is currently Leasehold with a 125-year lease from 1988, and the ground rent is £50 for the first 25 years, £100 for the next 25 years, and £200 for the next 25 years, followed by £400, £750, and £1000 thereafter. The service charges for the block are approximately £800 every 6 months, which covers insurance, service charge, and ongoing maintenance.