FOR SALE BY PUBLIC AUCTION (ONLINE) WITH BIDDING CLOSING AT 6.30PM ON 10th MARCH 2021. GUIDE PRICE £20,000 - £25,000 ** Attention Investors ** Potential annual income £3,900.
Description - A compact first floor apartment situated in a popular location within close proximity to local primary schools and Bridlington high school. The property has previously achieved a gross annual income of £3,900 and provides the following double glazed and gas centrally heated accommodation; Entrance lobby, kitchen, sitting room, bedroom and bathroom.
Location - The property is accessed from the side of 50A and up the stairs to the communal entrance door.
Communal Entrance -
Entrance Lobby - Door into:
Kitchen - 9'8'' x 5'4'' (2.95m x 1.63m) - Fitted with base and wall units having work top space over, tiled splash backs, stainless steel sink with mixer tap, wall mounted gas central heating boiler, space and point for a gas cooker, space and plumbing for a washing machine and radiator.
Sitting Room - 11'1'' x 9'8'' (3.38m x 2.95m) - Electric fire set in an Adams style surround, radiator and thermostat for the central heating.
Bedroom - 10' x 9'7'' (3.05m x 2.92m) - Radiator and laminate flooring.
Bathroom - The bathroom is accessed from the communal hallway and is fitted with a three piece suite in white comprising panelled bath with shower over, low level WC, pedestal wash hand basin with mixer tap and extractor fan.
Tenure - Freehold with vacant possession upon completion. The property has previously been let for £325 pcm generating a gross annual income of £3,900. There is five flats altogether in the building and they have a verbal agreement that any works to be carried out will be split 5 ways including the building insurance. A new fire alarm system and fire door has just recently been installed.
Services - All mains services are connected. The gas central heating boiler is serviced annually and last serviced in November 2020.
Council Tax - The property is currently listed as being in council tax band A.
Viewing - By appointment with the agents on 0845 400 9900.
Method Of Sale - The property will be offered for sale by public auction on Wednesday 20th January 2021 at 6.30pm by online auction. For further legal information relating to this lot please log on to auctionhouse.uk.net/hullandeastyorkshire.
Conditions Of Sale - The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer's offices, with the solicitors and on-line at auctionhouse.uk.net/hullandeastyorkshire prior to the date of the auction.
Additional Fees - Additional Fees (Including VAT)
Administration Charge: £750
Buyer's premium £480
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion
Solicitors -
*Guide Price - *Guides are provided as an indication of each seller's 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.
Legal Pack - A legal pack has been requested from the vendors solicitor and will be made available online as soon as it is received. You can register to receive an email notification when the pack is available by going to auctionhouse.co.uk/hullandeastyorkshire and clicking on the property you are interested in. On the property detail page you will see a red 'LEGAL PACK' button which you should click on and it will take you to the registration page.
Online Bidding Information -
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.
New Home: Non New Home
