SSTC
SSTC
Key Features
Property Details
**TENANT IN SITU - PROPERTY SOLD TENANTED**
The Property Shop Yorkshire is delighted to offer to the market this Freehold 4x Tenanted, 6x Self-Contained Flats (4x 1 Beds & 2x Studio/Bedsits) Block of Flats in Bridlington. The property currently has 4/6 flats let/occupied, Flat 1 & Flat 3 are currently to let.
The property comprises:
6x Self-Contained Flats (4x 1 Beds & 2x Studio/Bedsits)
Gas Central Heating from Communal Boiler - Landlord pays for Heating/Hot Water Currently.
Current Rent:
£2,673.91 PCM - £32,086.92 Per Annum
The property is in a great location for amenities and access to the north side seafront. Turmer Avenue gives access to the north side promenade, north side beach and town centre, all being a 10 minute stroll away.
Rooms
Front Exterior
The building's front exterior as a whole are in excellent condition and the building hasn’t had many major issues of repair.
Flat 1
Located on the Ground Floor, Flat 1 includes a Lounge & Kitchen at the front of the property, and a Seperate Bedroom & Bathroom at the rear.
Flat 1 has had a light refurbishment and any maintenance issues have been rectified.
Currently on the market at £500 PCM.
The EPC is a D and the Council Tax is a Band A.
Flat 2
Located on the Ground Floor, Flat 2 includes a Lounge & Kitchen at the front of the property, and a Seperate Bedroom & Bathroom at the rear.
Flat 2 is in good condition.
The property is currently tenanted and its current rent is £380 PCM
The EPC is a D and the Council Tax is a Band A.
Flat 3
Located on the First Floor, Flat 3 includes a combined Lounge, Kitchen & Bedroom with Seperate Bathroom.
Flat 3 has had a light refurbishment and any maintenance issues have been rectified.
Currently on the market at £425 PCM.
The EPC is a C and the Council Tax is a Band A.
Flat 4
Located on the First Floor, Flat 4 includes a Lounge & Kitchen at the front of the property, and a Seperate Bedroom & Bathroom at the rear.
Before TPSY let Flat 4 - Light refurbishment and any maintenance issues have been rectified.
The current rent is £500 PCM
The EPC is a C and the Council Tax is a Band A.
Flat 5
Located on the Second Floor, Flat 5 includes a combined Lounge, Kitchen & Bedroom with Seperate Bathroom.
Before TPSY let Flat 4 - Light refurbishment and any maintenance issues have been rectified.
The property is currently tenanted and its current rent is £425 PCM.
The EPC is a C and the Council Tax is a Band A.
Flat 6
Located on the Second Floor, Flat 6 includes a Lounge & Kitchen at the front of the property, and a Seperate Bedroom & Bathroom at the rear.
Flat 6 is in good condition.
The current rent is £433.91 PCM.
The EPC is a C and the Council Tax is a Band A.
Auctioneers Additional Comments:
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
