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Guide price
£525,000

Property for sale

Albion Road, Scarborough, North Yorkshire, YO11 2BT
Auction
Property
1,000 sq ft / 93 sq m
EPC rating: E
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandSuper-fast 80Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Freehold
  • Fully Tenanted
  • Mixed Studios and Flats
  • South Cliff
  • Close to all the Amenities
  • Sold As a Going Concern
*For sale via secure sale online bidding: terms and conditions apply.*

We are pleased to offer to auction this mixed with bedsits & flats with a current yield of over 8% with a scope for improvements. Currently fully let this block brings approx. £46,500 per annum

This block has three bedsits/studio apartments and six self contained flats. There is also a utility room on the lower ground floor and office space on the top floor.

Please note we have not inspected this property.

Rooms

Location
The subject property is located along Albion Road, Scarborough. The property is close to all local amenities. Scarborough is a seaside town in the district and county of North Yorkshire, England. It is located on the North Sea coastline. Historically in the North Riding of Yorkshire, the town lies between 10 and 230 feet above sea level, from the harbour rising steeply north and west towards limestone cliffs. The older part of the town lies around the harbour and is protected by a rocky headland which extends into the North Sea.

Accommodation: Lower, Ground and First Floor
On the lower ground floor you have the first self contained flat, comprising of bay windowed lounge with modern beech fitted kitchen area, double bedroom and shower room, on this floor there is the addition of a utility room with WC and access into the shared garden space This floor has a good sized flat consisting of bay windowed lounge with many original features and modern fireplace open to beech effect fitted kitchen area, large double bedroom with ample room for wardrobes, separate bathroom which has white suite with bath and hand held shower over accessed from the hallway all with Gas Central Heating. Upstairs to front facing self contained flat consisting of bay windowed lounge open to beech effect fitted kitchen area , small double with shower room and gas central heating, first bedsit which consists of open plan, lounge bedroom and small beech fitted kitchen area, shower r...

Accommodation: Second, Third and Top Floor
On the second floor there is another front facing self contained flat which has lounge open to fitted kitchen, small double bedroom and modern shower room with under sink storage and black tiled flooring all with gas central heating, second bedsit consisting of lounge/ bedroom open to beech kitchen and shower room accessed from the hallway again with gas central heating. Third floor to self contained flat with bay windowed lounge open to cherry wood effect fitted kitchen with alcove storage, double bedroom and compact shower room all with electric heating, bedsit with open plan lounge/bedroom and small beech fitted kitchen with shower room accessed from the hallway. Upstairs to top floor which has front facing flat which consists of loft style lounge open to cherry wood effect fitted kitchen, double bedroom with sloping ceiling and shower cubicle, toilet and sink accessed from the ...

Tenure
Freehold. Title number NYK258910.

Council Tax
Band G.

EPC
Available upon request. We are currently awaiting copies of some of the energy performance certificates. Flat 1: Rating D Flat 2: Rating C Flat 3: Rating D Flat 3b: Rating D Flat 4: Rating D Flat 4a: Rating D Flat 5: Rating D Flat 5a: Expired Flat 6: Rating D Flat 6a: Expired

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. 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. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.

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 of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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