FOR SALE BY AUCTION: To be sold by public auction on the owner's instructions. A three-bedroom, freehold detached house with an approximate extent of 807 SQFT with a gross annual yield of 9.4%. The property is tenanted as of 1 July 2025 with a fixed-term agreement of £625 PCM.
Auctioneers comments: 'This property is an ideal buy-to-let investment with ahealthy yield and potential.'
Auction date
The property is to be sold by public auction on Friday, 28 November 2025, via a 2-hour online bidding window.
Description
Three bedrooms, detached, freehold, house, 807 SQFT, tenanted
Location
Driffield, Yorkshire, 0.4 miles to Driffield railway station
Accommodation
Ground floor: Living room/kitchen, WC
First floor: three bedrooms, bathroom
EPC rating
E
Tenure
Freehold
Title number: HS159200
Tenancy
Assured shorthold tenancy
£625.00 PCM
12 months from 1 July 2025
Local authority and council tax band
East Riding of Yorkshire Council
Council tax band: A
Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 2.5% plus VAT (min. fee of £2,100.00 plus VAT) of the purchase price and auction buying fee of £1,900.00 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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