2 bed flat for sale

Albemarle Crescent, Scarborough YO11

Summary

Invenstment opportunity - The property is occupied by a sitting tenant

This two bedroom second floor flat is situated in the Town Centre and is close to all local amenities and the Railway station.

The property has gas central heating and comprises a lounge, kitchen, two bedrooms and a bathroom.

The property is leasehold with 964 years remaining.

Currently let to a long-term tenant with an income of 5100.00pa.

The tenant has given their notice and is due to vacate just before the end of this auction cycle

Council Tax Band: A
Tenure: Leasehold
Length Of Lease: 964

Entrance Hall

Entrance Hall - With built in storage to alcoves, door entry phone system and a radiator

Lounge

Lounge - With a radiator, T.V point, telephone point and two windows overlooking the front and side

Kitchen

Kitchen - With a range of wall and base units, gas hob, electric oven, extractor hood, tiled splashbacks, stainless steel sink, fridge/ freezer, plumbing for automatic washing machine and a window overlooking the Crescent

Bedroom 1

Bedroom One - With a radiator, telephone point and a window overlooking the side

Bedroom 2

Bedroom Two - With a radiator and a window overlooking the side

Bathroom

Bathroom - With a white three piece suite having a shower over the bath, mixer tap, thermostatic shower, vanity unit, shower screen, tiled splashbacks, radiator and laminate floor

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. 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. The deposit will form part of 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 payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.