For Sale By Auction | 6.30pm , 09 September 2020 | Lot 5

7 Lansdowne Crescent, Bridlington , East Yorkshire, YO15 2QR

Sold £89,500

  • Flat
  • 3 Bedrooms
  • Tenure: Freehold. The property is sold subject to the existing tenancies.

Call the team on 0845 400 9900 for more information

Auction Date

Wed 09/09/2020

Auction Time

6.30pm

Auction Venue

Online

An investment and development opportunity, this house currently let as three flats produces approx £12,000 per annum income.

This distinctive period town house is a long established residential investment, having been converted to provide one bedroomed living accommodation on each of the three floors. The three flats are individually let at £400pcm each and after deducting gas and electricity costs paid by the owner we are informed the rental income is around £12,000 per annum. Each floor has gas central heating, and the top flat has replacement double glazing. Scope exists to modernise fixtures and fittings.

Tenure

Freehold. The property is sold subject to the existing tenancies.

Situation

The property is in a small cul-de-sac of similar houses that is only around a third of a mile north of the main central shopping and entertainment area, including the harbour, of this East Yorkshire Coast resort town. The leisure centre and swimming pool, adjacent to one of the towns two renowned sandy beaches, is just a couple of hundred yards away.

Accommodation

Ground Floor: Entrance Vestibule, Entrance Hall, Living room, Bedroom, En-Suite Bathroom, Kitchen. First Floor: Landing, Living Room, Bathroom/WC, Kitchen, Bedroom. Second Floor: Landing, Living Room, Bathroom/WC, Bedroom, Kitchen.

services

All mains services are connected to the property. None of the services or installations have been tested.

Viewings

Strictly by appointment with the sole agents on 0845 400 99 00.

Council Tax

Council tax is payable to the East Riding of Yorkshire Council. Each of the three flats in the house is currently listed in council tax band 'A'.

Joint Agent

Dee Atkinson & Harrison 56 Market Place Driffield YO25 6AW Tel: 01377 241919

Energy Performance Rating

Flat 1 - EER F(38), Flat 2 - EER E(50), Flat 3 - E(53).

Energy Efficiency Rating (EPC)

Current Rating TBC

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

East Riding of Yorkshire Council

Solicitors

TBC

Offered in association with

Dee Atkinson and Harrison

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - The purchaser will be required to pay an buyers premium of £480 (£400 plus VAT) in addition to the purchase price of the property.

Administration Charge - The purchaser will be required to pay an administration charge of £750 (£625 plus VAT) in addition to the purchase price of the property.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

View Larger Map

Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.