Norwood, Beverley, HU17

Council tax band: A.

112A Norwood is a two-bedroom, first-floor flat situated in an extremely popular and convenient location close to the centre of Beverley. The property would benefit from some cosmetic improvement throughout but does provide electric heaters and uPVC double glazing. The property boasts a good-sized lounge, a kitchen and two bedrooms. This property would be perfect for anyone looking to start or expand their property portfolio as it has previously achieved £6,600pa in its current condition. When renovated, the property could achieve approximately £7,200 - £8,400pa (dependant on works completed).

Location

The property is located on the north side of Beverley town centre. Beverley is a very well-resourced town and offers an extensive range of shops and amenities.  The town centre is just a relatively short walk along Norwood.

Accommodation (see floorplan)

First Floor: Entrance Hall, Two Bedrooms, Family Bathroom, Lounge, Kitchen.

ServicesThe property is connected to mains water, drainage and electricity but these have not been tested.
TenureWe understand the property to be Leasehold. The property is held on a 999-year lease dating from 10/06/2004. We understand that there is no service charge or ground rent payable on the property. Vacant possession on completion.
Council TaxCouncil Tax is payable to the East Riding of Yorkshire Council. Online enquiry lists the property in the Council Tax Property Bandings List in Valuation Band A.*
EPC: E.
ViewingsStrictly by appointment with the auctioneers on 0845 400 9900.

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday, 26th May 2025, and closing on Wednesday, 28th May, at 1.00 pm. For further legal information relating to this lot, 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 online 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 £900 (£750 plus VAT) and a buyer’s premium of £720 (£600 + 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.

Solicitor

Legal Studio, The Tannery, 91 Kirkstall Road, Leeds, West Yorkshire, LS3 1HS, Ref: Glen Salt, Tel: 01133 573 209