Flat 3, 1 Princess Royal Terrace
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- ONE BEDROOM LEASHOLD APARTMENT
- SOUTH CLIFF LOCATION
- IN NEED OF SOME MODERNISATION
- PETS ALLOWED
- OFF STREET PARKING SPACE
- SOLD BY MODERN METHOD AUCTION
Description
*** INVESTMENT OPPORTUNITY ***
This charming one-bedroom, ground-floor LEASEHOLD apartment is located in the highly sought-after area of Scarboroughs South Cliff. The property offers easy access to a range of local amenities, including shops, cafés, and scenic walking routes.
Its prime location is just a 15-minute walk from Scarboroughs South Bay and the vibrant town center, where youll find a variety of shopping options, cosy coffee shops, and delightful restaurants.
This property is for sale and powered by "iamsold Ltd."
Please note that AST tenancies are permitted, but holiday lets are not allowed. A great investment opportunity, with a potential rental income of £500 per month.
To arrange a viewing, contact our friendly team at or visit our website at
ENTRANCE
Steps leading to front entrance with door entry intercom system and stairs to the upper floors.
HALLWAY 3.00m (9' 10") x 1.49m (4' 11")
Hallway with gas central heating radiator leading to:
LOUNGE 6.30m (20' 8") x 4.85m (15' 11")
Large lounge with dual aspect view, bay fronted UPVC window and gas central heating radiator, wall lighting and gas fire place.
KITCHEN 3.20m (10' 6") x 2.00m (6' 7")
Good sized kitchen with selection of wall and floor units, stainless steel sink, electric 4 ring hob and oven. With space for washing machine and fridge freezer. gas central heating radiator
BEDROOM 4.82m (15' 10") x 3.94m (12' 11")
Double bedroom with bay fronted timber sash window and high ceilings. Gas central heating radiator and sink unit. The management company are due to replace the windows with UPVC double glazed.
SHOWER ROOM
L shaped shower room with 3 piece suite comprising of toilet, pedestal sink and shower cubicle with chrome thermostatic shower. Gas central heating radiator.
PARKING
Off street parking space.
COUNCIL TAX
Verbal enquiries from North Yorkshire Council on .
SERVICES
Mains supplies of water, electricity, drainage and gas are connected to the property. (Please note it is not company policy to test any services or appliances in properties offered for sale, and these should be verified by the purchasers).
TENURE
The property is believed to be leasehold with an originating lease of 999 years, originating January 1st, 1989. Ground Rent £50.00 per annum. The property is block managed by Watsons and the service charge is approximately £85.00 per month including building insurance.
All matters of tenure are subject to verification and clarification in a contract of sale.
INSPECTION
Strictly by appointment through the agents.
Starting Bid & Reserve Price
Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold
Auctioneer's Comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Flat 3, 1 Princess Royal Terrace
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The leading local estate agents with roots in the region dating back to 1924
We pride ourselves on offering the highest levels of customer service to buyers, sellers, landlords and tenants alike.
Nicholsons Estate Agents cover all aspects of the property moving process including residential property sales and lettings, property management, commercial property sales and lettings, mortgage finance, plus land and new home sales too.
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Visit our security centre to find out moreDisclaimer - Property reference NIC1S00021. 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 Nicholsons Yorkshire Coast Estate Agents, Filey. 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.
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 Nicholsons Yorkshire Coast Estate Agents, Filey on 01723 334565.
*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.
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