1 bedroom flat for saleNorth Marine Road, Scarborough, North Yorkshire
Guide Price* £20,000
- Ground Floor Studio Flat &
- First floor, one bedroom Flat
- Ideal for holiday use or investment
- Requires modernisation
- Section 146 Repair notice served on Head Lease
Full descriptionFOR SALE BY AUCTION on WEDNESDAY 14 DECEMBER 2016
*Guide price reduced to £20,000
**NOTE CHANGE OF LOT DESCRIPTION AND GUIDE PRICE REDUCTION
An additional flat is now included in this lot. The lot is now a ground floor studio flat and a one bedroom first floor apartment.
Description - UPDATE TO DESCRIPTION ON 07/12/16
We are now instructed by the vendors to include the ground floor studio apartment with Flat 2. Both flats will be sold as a single lot. Interested parties should note that we have now been made aware that a section 146 Notice has been served on the head lessee in respect of repairs to the building. A copy of the 146 Notice will be included in the legal pack. These two apartments have been realistically guided to reflect the possible need for the purchaser to have to carry out these repairs to satisfy the terms of the notice.
Ideal for holiday use or rental investment the two apartments offer great potential. The properties benefit from electric storage heating and although they would benefit from some updating, they are realistically guided to reflect this and the risk involved in respect of the Section 146 repair Notice. The sale offers investors the opportunity to purchase property that can provide a good return and will not be subject to any stamp duty payment.
Location - Located close to Scarborough Cricket ground and the North Bay of Scarborough with it's multiple attractions of Peasholm Park with lake and oriental style gardens, the Open Air Theatre and the new alpine water park.
Hall - With doors leading off to;
Living Room - 20'1" x 15'10" (6.12m x 4.83m) - A bright and spacious room with bow window and storage heater.
Kitchen - 8'3" x 7'10" (2.51m x 2.39m) - With stainless steel sink and a range of painted base and wall units. Space for electric cooker and extractor canopy over.
Bedroom 1 - 12'7" x 12' (3.84m x 3.66m) - A double bedroom with storage heater and airing cupboard.
Shower Room -
Flat 1 - Due to the late entry we are not currently able to give any information on the accommodation in this flat other than it includes a Hall, Bed sitting room with kitchen area, WC and shower room.
Additional Information - It should be noted that a buyer's premium of £900 (£750 + VAT) is payable on this lot in addition to the standard administration charge of £600 (£500 + VAT).
Services - Mains water, electricity and drainage are believed to be available but purchasers must make their own investigations to confirm this information.
Tenure - Leasehold for a term of 979 years from 2006.
Council Tax - Council Tax is payable to the Scarborough Borough Council. The property is currently shown as listed in Council Tax Band 'A'.
Viewing - Strictly by appointment with Auction House Hull & East Yorkshire's office 0845 400 9900.
Method Of Sale - The property will be offered for sale by public auction Wednesday 14th December 2016 at 6.30pm at the Beverley Racecourse, York Road, Beverley, HU17 8QZ.
Conditions Of Sale - Offices, with the solicitors and on-line at www.auctionhouse.uk.net/hullandeastyorkshire prior to the date of the auction.
*Guide Price - *Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each 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
Solicitors - Walker Morris LLP, Kings Court, 12 King Street, Leeds West Yorkshire LS1 2HL. Tel: 0113 457 0203.
Disclaimer: Dee Atkinson & Harrison for themselves and for the vendors or lessors of this property, whose Agents they are, give notice that these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a Contract. No person in the employment of Dee Atkinson & Harrison has any authority to make any representation or warranty whatever in relation to this property.
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Disclaimer - Property reference 26637918. 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 Dee Atkinson & Harrison, Driffield. 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.
*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.
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 Dee Atkinson & Harrison, Driffield on 01377 241919.
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