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£65,000

Crown Terrace, Scarborough, YO11

  • 2 beds
Flat

£65,000

  • 2 beds
Flat
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Estimate monthly mortgage payment:

£297 per month

Minimum deposit amount:

£3,250
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Council tax band: B.

Tenure: Leasehold.


Located in the popular Southcliff area of Scarborough, this two-bedroom lower ground-floor apartment with access to a patio and a private entrance offers an amazing opportunity to investors and anyone looking for a holiday home by the sea.  The apartment in brief comprises: Entrance hall, hallway, two bedrooms, living room and dining kitchen. The property is mostly double glazed with gas central heating via combi boiler. 


Location

The apartment is well located with Scarborough's Town Centre and South Bay Beach just a short walk away and the amenities of Ramshill shopping parade only a few moments away. 

Entrance Hall
With external door into entrance hall, storage cupboard, wall mounted radiator, double doors into:

Hallway
Wall mounted radiator and doors into all rooms.

Bedroom 4 x 2.4
Double bedroom with window, fitted furniture and wall mounted radiator.

Living Room 4.6 x 4.16
Light and bright room with bay window to the front, wall mounted radiator and electric fireplace with surround.

Bathroom 2.4 x 2.2
Three-piece bathroom suite with shower over bath, pedestal basin and WC, wall-mounted radiator.

Dining Kitchen 4 x 3.5
With a range of wall and base units and worktop, stainless steel sink, electric hob with extractor above, integrated double oven and space for appliances, combi boiler. Wall mounted radiator and dining area.

Bedroom 4 x 3
Double bedroom with bay window and wall-mounted radiator.

External
Communal patios with steps leading down to entrance hall.

Agents Note

The apartment has been unoccupied for a long time and is now showing signs of damp.  A remedial quote has been obtained to sort out the cause of the damp and the cost of that is estimated at £4,000.

Interested parties should also note that the sale includes all the contents, fixtures, and fittings of the property.

Council Tax 

The property is listed by North Yorkshire Council as being in council tax band 'B'. 

EPC

Services

Understood to be connected to mains electricity, gas, water and drainage but the services have not been tested.

Tenure

The property is leasehold with vacant possession upon completion.  

Lease details - 999 years from 12 February 1999 (974 years remaining)

Ground Rent:  Nil

Service Charge: £1,000 pa

Joint Agents

Reeds Rains, 16 Aberdeen Walk, Scarborough YO11 1XP Tel: 01723 365335

Viewings

Strictly by appointment through the auctioneers on 0845 400 9900 or Reeds Rains on 01723 365335

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday 23rd September 2024 and closing on Wednesday 25th September 2024 at 1 pm. For further legal information relating to this lot and to register to bid, please go to auctionhouse.co.uk/hullandeastyorkshire.

Conditions of Sale

The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer’s offices, with the solicitors and on-line at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.

Additional Fees

The purchaser will be required to pay an administration charge of £1,200 (£1,000 plus VAT) and a buyer’s premium of £1,800 (£1,500 plus VAT) in addition to the purchase price of the property.

Guide Price

Guides are provided as an indication of each sellers minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Disbursements

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


Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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