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Guide price
£525,000

9 bedroom block of apartments for sale

Albion Road, Scarborough
Spotlight
Auction
Block of apartments
9 beds
9 baths
592 sq ft / 55 sq m
EPC rating: D
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 delighted to offer this block 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.

Lower Ground 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

Ground Floor:

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.

First Floor:

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 room accessed from the hallway all with Gas Central Heating which is included in the rent.

Second 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:

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.

Top Floor:

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 hallway, spacious room used as an office space all with electric heating.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

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.

Tenure: Freehold

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About this agent

Tower Estates - Scarborough
Tower Estates - Scarborough
60 Falsgrave Road Scarborough YO12 5AX
0800 047 5562
Full profileProperty listings
Tower Estates is a small, local business owned by husband and wife team, Mark and Christine Hunter. We specialise in Letting Residential Property and pride ourselves on providing excellent customer service to Landlords and Tenants. There are a number of things a Landlord and Tenant require of his/her Letting Agent. Here are some of the things we at Tower Estates pride ourselves upon: Honesty Politeness Efficiency Punctuality Confidentiality None of these things cost a penny, but all come as standard when you use our service.
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