Sold Prior | Lot 84

Flats 1-5, 17A Milton Street, Saltburn-by-the-Sea, Cleveland, TS12 1DH

Sold Prior

  • Block of Apartments
  • 12 Bedrooms
  • Tenure: Long Leasehold. The flats are each held on 999 year leases from 15th August 2007 (thus approximately 987 years unexpired).

Call the team on 020 7625 9007 for more information

Auction Date

Thu 20/06/2019

Auction Time

12.00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

Viewing Times:

Wed 5 Jun

10:00-10:30

Fri 7 Jun

16:30-17:00

Sat 15 Jun

11:00-11:30

Wed 19 Jun

10:30-11:00

A Vacant Parcel of Five Self-Contained Flats Above Commercial Premises (One x Four Bedroom, Four x Two Bedroom Flats).

The property comprises a parcel of five flats over first, second & third floors, arranged to provide 1 x 4 bedroom & 4 x 2 bedroom flats situated within an end of terrace mixed use building arranged over ground and three upper floors. The ground floor commercial element does not form part of the sale.

Tenure

Long Leasehold. The flats are each held on 999 year leases from 15th August 2007 (thus approximately 987 years unexpired).

Location

The property is situated amongst the local shops and amenities of Milton Street. The open spaces of Saltburn Valley Gardens are within easy reach with the beach, pier and Huntcliff all within short walking distance. Transport links are provided by Saltburn rail station.

The LHA rates for a 2 bed and 4 bed property is £97.81 and £149.59 per week respectively. Thus a combined potential income of £28,123.16 per annum (source: https://lha-direct.voa.gov.uk).

Services

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

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £900 inc VAT

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