ATTENTION INVESTORS - THREE ONE BEDROOM FLATS IN A CONVERTED VICTORIAN HOUSE CLOSE TO THE TOWN CENTRE. ONE LET, TWO VACANT.

***SOLD NOW TAKING ENTRIES FOR OUR NEXT AUCTION 19th AUGUST CONTACT US FOR FURTHER DETAILS*** An excellent investment opportunity located in the centre of the coastal resort town of Scarborough. These three apartments were refurbished approximately seven years ago and offer a good standard of accommodation together with two off street parking spaces. The property is also offered with the freehold interest in the building and it is estimated that they can produce a fully let gross rental in the region of £13,600 pa.

Tenure

Freehold

Situation

Aberdeen Walk is located in the centre of Scarborough, just off Westborough, with its varied shops, cafes, banks etc .The railway station is also situated close by.

Accommodation

Flat 2

A one bedroom Maisonette flat with roof patio located on the ground and first floor. The property was refurbished in 2008 to include modern kitchen and bathrooms and a gas fired heating system. The plasterboard ceiling in the ground floor bedroom has come down due to a leak from the roof patio which will need attention before replastering the ceiling. Ground Floor: Hall, Bedroom One, Bathroom First Floor: Lounge, Kitchen

Flat 3

A good first floor apartment with bay window to the lounge. The flat has been refurbished in 2008 with modern kitchen and bathroom fittings and gas central heating. The flat is occupied under a periodic tenancy and has had the same tenant for 6 years. The tenant would like to stay and currently pays £434 pcm including a parking space to the rear. First Floor: Hall, Lounge, Kitchen, Bedroom One, Bathroom.

Flat 5

Flat Five: This vacant third floor apartment offers fantastic views towards Oliver Mount and the sea. It was refurbished in 2008 to include new kitchen and bathroom as well as a gas fired central heating system. Third Floor: Hall, Lounge, Kitchen Area, Bedroom, Bathroom.

Outside

To the front of the property is a small forecourt and to the rear are two parking spaces, one of which is rented by the occupier of flat three.

Freehold

The sale of the three flats also includes the freehold title to the whole building. Flats 1 and 4 have been sold under 999 year leases from 1st January 2008 at peppercorn ground rents. The freehold also includes a basement storage area and two parking spaces to the rear of the building.

Viewing

Strictly by appointment with Auction House Hull & East Yorkshire. Driffield office 0845 400 9900.

Joint Agent

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

Energy Efficiency Rating (EPC)

Current Rating C/B

Services

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

Local Authority

Scarborough Borough Council

Solicitors

Irwin Mitchell Solicitors, 2 Wellington Place, Leeds, LS1 4BZ, Ref: Mr D Robertson, Tel: 0113 2186428

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee

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