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Nicholsons Estate Agents

Sussex Street, Town

Starting Bid £80,000

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Sussex Street

For Sale - Starting Bid £80,000

 3 Bedrooms      1 Bathroom       1 Reception

 House - Freehold

 13 Photos

 Scarborough

Summary

A fantastic turnkey buy-to-let or Airbnb investment opportunity, this spacious four-bedroom terraced house has been recently refurbished and is ready to generate immediate rental income.

Spread over three floors, the accommodation briefly comprises: a spacious sitting room, modern dining kitchen with integrated oven and hob, separate utility room with plumbing for a washing machine and access to the rear, and four double bedrooms — one on the first floor alongside a stylish bathroom, and two more on the second floor. To the rear is a small patio area with access to a shared space for bins and storage.

Ideal for investors, this property would suit those seeking to operate a House in Multiple Occupation (HMO) (subject to necessary permissions) or a short-term rental. With Scarborough’s thriving tourism sector and strong year-round demand, it offers excellent income potential.

Located close to shops, transport links, and Scarborough’s many attractions, including the seafront, theatre, cinema, and a wide range of bars and restaurants.

Don't miss out — early enquiries recommended.

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Key Features

  • 3 Double bedrooms
  • Gas CH and UPVC doors/windows
  • Ideal investment property
  • No onward chain
  • Dining kitchen & separate utility
  • Well presented throughout

Full Description

LIVING ROOM 3.60m (11' 10") x 3.20m (10' 6")
KITCHEN 4.30m (14' 1") x 3.50m (11' 6")
BEDROOM 4.40m (14' 5") x 3.70m (12' 2")
BEDROOM 2 4.40m (14' 5") x 3.70m (12' 2")
BEDROOM 3 3.40m (11' 2") x 2.80m (9' 2")
COUNCIL TAX
Online enquiries suggest the property lies in ‘Band A’. Verbal enquiries can be made to North Yorkshire Council on 01723 232323.

SERVICES
Mains supplies of water, electricity, gas and drainage are connected to the property.
(Please note it is not company policy to test any services or appliances in properties offered for sale, and these should be verified by the purchasers)


TENURE / MAINTENANCE
The property is believed to be Freehold. All matters of tenure are subject to verification and clarification by the solicitors in a contract of sale.



INSPECTION
Strictly by appointment through the agents.

DISCLAIMER
These particulars are subject to constant review and updating. Comments under tenure, council tax, planning use and service availability are provided for guidance only and are not based on formal enquiry, which is outside the scope of our Agency instructions. It remains for purchasers to satisfy themselves as to the facts. We cannot therefore accept any responsibility for information provided in good faith which may subsequently require amendment. Measurements provided are approximate only and should not be relied upon for other purposes.



Starting Bid & Reserve Price
Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the starting bid, both the starting bid and reserve price can be subject to change. Terms and conditions apply to the auction, which is powered by IAM Sold

Auctioneer's Comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional


Reference: NIC1002555

Tenant information

The asking rent does not include charges that may be payable before and/or during the duration of the tenancy, therefore you may be required to make one or more of the following permitted payments:
• A refundable holding deposit (up to 1 week’s rent)
• A refundable tenancy deposit (up to 5 weeks’ rent (or 6 weeks’ rent if the annual rent is £50,000 or more))
• A payment to alter the tenancy agreement, when requested by the tenant (up to £50 inc VAT, or reasonable costs incurred if higher)
• Payments associated with early termination of the tenancy when requested by the tenant
• Interest, at a rate of up to 3% above the Bank of England’s base rate, for late payment of rent (which is more than 14 days overdue)
• A default fee for the replacement of a lost key or security device
• Payments to service providers in respect of utilities, communication services, TV licence and council tax
• Other payments, permitted under appropriate legislation, including damages.
A letting or property management agent in England must also be a member of a property redress scheme and a member of a client money protection scheme. For further information, or a copy of their membership certificates, please contact the agent directly.

Disclaimer

These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.

Contact Nicholsons (Scarborough Sales) for more details

 4 Valley Bridge Parade, Scarborough, YO11 2PF    |     01723 506021   |    scarborough@nicholsons.uk.com

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