For Sale By Auction | 3.00pm , 14 September 2022 | Lot 4

2 Cherry Tree Avenue, Withernsea, East Yorkshire, HU19 2LY

*Guide | £80,000 (plus fees)

  • Investment
  • 4 Bedrooms
  • Tenure: Freehold and sold subject to the existing tenancy, details of which will be provided in the legal pack.

Call the team on 0845 400 9900 for more information

Auction Date

Wed 14/09/2022

Auction Time

3.00pm

Auction Venue

Online

FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 14TH SEPTEMBER 2022 AT 3.00PM BY ONLINE AUCTION Guide price Circa £80,000 A let four bedroom investment opportunity generating a groos rent of £6000pa.

**REDUCED GUIDE PRICE** This four-bedroom semi-detached house provides an oven-ready opportunity to investors looking to start or add to their portfolio. The property is currently let under an assured shorthold tenancy (now rolling over) to long-term tenants currently paying £500pcm (£6,000pa). Although the property could do with some cosmetic improvement, the investment would result in the ability to increase the income. The property benefits from gas-fired central heating, double glazing, a garage and a large garden.

Tenure

Freehold and sold subject to the existing tenancy, details of which will be provided in the legal pack.

Location

Located in a cul de sac location to the south of Withernsea town centre, within easy reach of the Tesco supermarket. Withernsea is a small traditional seaside resort town and is home to historic Pier Towers, a sandy beach, the Valley Gardens and a number of attractions, including Withernsea Ligthhouse Museum.

Accommodation

Ground Floor Entrance Hall With radiator, staircase leading off and under stairs storage cupboard. Cloakroom With low level WC and wash hand basin. Utility Room With plumbing for an automatic washing machine and space for a tumble dryer. Wall mounted gas fired combination boiler. Living room With radiator, tv aerial point and double doors to the garden. Kitchen Fitted with a range of pine units, sink, space for a cooker, rear entrance door. First Floor Landing Bedroom One With radiator. Bedroom Two With radiator and built-in cupboard. Bedroom Three With radiator and built-in cupboard. Bedroom Four With radiator and built-in cupboard. Bathroom With three piece suite including a panelled bath with an electric shower over, pedestal wash hand basin and low-level WC. Radiator. Outside To the front is a forecourt garden and drive that leads to a detached single garage. The rear garden is fully enclosed, a good size and South facing.

Services

All mains services are connected but have not been tested.

Viewing

Strictly by appointment with the sole agents on 0845 400 9900.

Method of Sale

The property will be offered for sale by public auction on Wednesday 14th September 2022 at 3.00pm by online auction. For further legal information relating to this lot please log on to www.auctionhouse.uk.net/hullandeastyorkshire.

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.

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 www.auctionhouse.uk.net/hullandeastyorkshire prior to the date of the auction.

Online Bidding

If you are wanting to bid on this property, take a look at this video, which goes through the online bidding process: youtube.com/watch?v=ImXr4HXR36c

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.

Energy Efficiency Rating (EPC)

Current Rating C

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 by the tenants. The house is currently listed in council tax band 'A'.

Solicitors

Wilsons Solicitors, New Road Side, Horsforth, Leeds, West Yorkshire, LS18 4QE, Tel: 01132 581 188

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 - £900 (£750+ VAT)

Administration Charge - The purchaser will be required to pay an administration charge of 0.3% of the purchase price subject to a minimum of £750 (£625 plus VAT).

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