2 bedroom flat for sale

For Sale by Modern Method of Auction; Starting Bid Price £35,000 plus Reservation Fee.

An excellent opportunity to acquire a two-bedroom top-floor flat with a long-term sitting tenant of 10 years, providing immediate rental income. Situated in a desirable location close to Peasholm Park and the town center, this bright and spacious flat benefits from on-street parking and easy access to local amenities.

The property features two well-proportioned bedrooms, a kitchen, and a bathroom with a bath and overhead shower. A long hallway adds to the sense of space, while double glazing and central heating ensure comfort throughout the year.

While the current rental income is below market rate due to the long-term tenancy, this presents an excellent investment opportunity with potential for future rental growth.

This property is for sale and powered by "iamsold Ltd."

This is a fantastic buy-to-let investment in a sought-after area. Contact us today for more details!

Entry is via intercom entry system. Take the stairs to the first floor. The flat is accessed via private staircase to the top floor.

LOUNGE 3.55m(11' 8") max x 2.93m(9' 7")
With a front facing window, a central heating radiator, television point and a decorative wood/stone effect fire surround with pipe work for a gas fire.



KITCHEN
The window here is rear facing. The base and wall units are in beige with wood effect trim and beige worktops. A stainless steel sink unit is fitted and as well as plumbing for an automatic washing machine, there is space for a fridge freezer. A tall cupboard houses both the floor standing gas boiler and the hot water cylinder. A central heating radiator is fitted.

BEDROOM 1 3.74m(12' 3") max x 2.52m(8' 3")
Having a rear facing window and a central heating radiator

HALL
Having a central heating radiator, a telephone point and the intercom entry phone. A ceiling hatch allows access to the roof space. Doors to:

BEDROOM 2 3.03m(9' 11") x 2.78m(9' 1")
With a front facing window, a central heating radiator and a television point.

BATHROOM
The champagne coloured three piece suite comprises a wood effect front panelled bath, a vanity wash hand basin in a cupboard housing and a low level WC. A pine effect storage box is built in and the walls are half tiled. A central heating radiator is fitted.

TENURE
The property is believed to be freehold with an agreement between owners, contributing £50 a month into a pot, but all matters of tenure are subject to verification and clarification by the solicitors in a contract of sale.

COUNCIL TAX
Verbal enquiries from Scarborough Borough Council suggest that the property is in Band A

SERVICES
Mains supplies of water, electricity, gas 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 purchasers).

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 a purchaser 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. Features described in these particulars do not warrant or imply that the specification of each room is the same, the comments offered are an illustration only of points of interest.



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