Starting Bid £55,000
1 Bedroom 1 Bathroom 1 Reception
Flat/Apartment - Leasehold
8 Photos
Scarborough
For Sale by Modern Method of Auction; Starting Bid Price £55,000 plus Reservation Fee.
Nicholsons Estate Agents are pleased to present this one-bedroom upper-floor apartment located in a characterful building in the heart of Scarborough. The property is within walking distance of the main promenade, Falsgrave shopping parade, South Bay beach, and mainline transport links, making it ideal for working professionals, couples, or investors.
The apartment consists of a communal entrance hallway with attractive tiling, a private entrance hallway, an open plan living/kitchen area, one bedroom, and a bathroom.
Situated centrally to a range of amenities, including Sainsbury’s supermarket, Falsgrave shopping parade, Scarborough town centre, and the train station, this property is perfect for a first-time buyer or a seaside retreat.
This property is for sale and powered by "iamsold Ltd."
Early internal viewing is highly recommended. Call today!
HALLWAY 1.81m (5' 11") x 0.80m (2' 7")
BATHROOM 2.28m (7' 6") x 1.12m (3' 8")
LIVING ROOM 4.56m (15' 0") x 3.00m (9' 10")
BEDROOM 3.41m (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 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 leasehold with an originating lease of 125 years from the 1st August 1991 for 125 years. Nicholsons are the managing agents and the annual fee is £1712.00 a year including building insurance, this sum contributes to the reserve fund.
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: NIC1002577
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