Call the team on 0845 400 9900 for more information
This mid-terrace property is understood to have been divided to create up to six self-contained apartments capable of generating a gross income in excess of £25,000pa.
This six-storey freehold mid-terrace house has been divided to create six self-contained apartments. The property is freehold and the accommodation of each flat is believed to be; reception room, kitchen and bedroom, bathroom. 3 flats also have a utility room and one flat has 2 bedrooms. We would estimate that the property is capable of achieving an income in excess of £25,000pa. The property is being sold by the mortgagee not in possession under 'Power of Sale' rules. As such, the occupancy and exact details of the accommodation provided in the property are unknown and internal viewing are not available prior to purchase.
Tenure
Freehold. Possession is subject to any current leases.
Location
The property is located close to Bridlington Town Centre on the east side of town, close to North Beach, Leisure World Complex, shops, cafes, and restaurants.
Services
We are not able to confirm which services are connected however we believe that at least two of the flats have gas fired central heating.
Viewing
The property is being sold by the mortgagee not in possession under 'Power of Sale' rules. As such, the occupancy of the property is unknown and internal viewing is not available prior to purchase.
Method of Sale
The property will be offered for sale by public auction on Wednesday 19th January 2022 at 3.00pm by online auction. For further legal information relating to this lot please log on to www.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 online at www.auctionhouse.uk.net/hullandeastyorkshire prior to the date of the auction.
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 vendor’s 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.
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Council Tax is payable to the East Riding of Yorkshire Council. All flats are listed as being in Council Tax band A.
Solicitors
Rosling King LLP, 10 Old Bailey, London, EC4M 7NG
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 a buyers premium of £600 (£500 plus VAT) in addition to the purchase price of the property.
Administration Charge - The purchaser will be required to pay a administration charge of £1080.00 (£900 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.