Vincent Street, Scarborough, North Yorkshire, YO12 7HN

We are delighted to offer this FREEHOLD RENTAL INVESTMENT BLOCK of 5 SELF CONTAINED APARTMENTS & 1 ONE BEDROOM BUNGALOW.

This block is currently achieving over £35,000 per annum This freehold block has 5 apartments, 3 one-bedroom apartments, 2 studio apartments & 1 one-bedroomed bungalow all fully tenanted and achieving over £35,000 per annum Ground/Second Floor: Flat 1 - This maisonette apartment consists of a ground floor lounge open to a modern beech kitchen area, upstairs to a double bedroom and a bathroom with a walk in shower and heated towel rail.

All insulated, double glazed and electric heating.

Flat 2 - This maisonette apartment consists of ground floor bay windowed lounge open to fully fitted beech kitchen area with stairs leading up to good sized double bedroom and sperate bathroom with shower cubicle all with double glazing & electric heating.

Third Floor: Flat 3 - This studio apartment consists of living/bedroom through to the modern fitted kitchen and a separate modern bathroom with shower.

This property has electric heating throughout and benefits from double glazing Flat 4 - This studio apartment consists of combined lounge/bedroom open to modern beech fitted kitchen area and has a separate shower room.

The property has electric heating and recently installed double glazing Top Floor: Flat 5 - This one bedroomed apartment consists of lounge open to modern beech kitchen area, double bedroom with sea views and bathroom all newly tiled with smart white suite with bath and shower.

All recently insulated, double glazed and electric heating throughout Bungalow: 7a Vincent - This one bedroomed bungalow consists of private front yard leading to entrance into open living room and modern fitted kitchen, double bedroom through to bathroom with shower over bath.

All recently double glazed and comes with electric heating throughout Please note we have not inspected this property.

Location   Vincent Street is ideally positioned in Scarborough's North Bay ward, offering residents access to both the North and South Bay beaches.

Located just a short 10-minute walk from the bustling town centre, including local amenities such as Tesco Superstore, local schools, and scenic Peasholm Park.

Accommodation   Ground/Second Floor: Flat 1 - This maisonette apartment consists of a ground floor lounge open to a modern beech kitchen area, upstairs to a double bedroom and a bathroom with a walk in shower and heated towel rail.

All insulated, double glazed and electric heating.

Flat 2 - This maisonette apartment consists of ground floor bay windowed lounge open to fully fitted beech kitchen area with stairs leading up to good sized double bedroom and sperate bathroom with shower cubicle all with double glazing & electric heating .

Accommodation   Third Floor: Flat 3 - This studio apartment consists of living/bedroom through to the modern fitted kitchen and a separate modern bathroom with electric shower.

This property has electric heating throughout and benefits from double glazing Flat 4 - This studio apartment consists of combined lounge/bedroom open to modern beech fitted kitchen area and has a separate shower room.

The property has electric heating and recently installed double glazing Accommodation   Top Floor: Flat 5 - This one bedroomed apartment consists of lounge open to modern beech kitchen area, double bedroom with sea views and bathroom all newly tiled with smart white suite with bath and shower.

All recently insulated, double glazed and electric heating throughout Bungalow: 7a Vincent - This one bedroomed bungalow consists of private front yard leading to entrance into open living room and modern fitted kitchen, double bedroom through to bathroom with shower over bath.

All recently double glazed and comes with electric heating throughout Tenure   Freehold, title number NYK282746 EPC   Flat 1 - C Flat 2 - E Flat 3 - C Flat 4 - D Flat 5 - E 7a - C Please note some works have been completed since these ratings so they will be updated in due course.

Council Tax   All flats and bungalow band A. Additional Information   For further information please contact our office directly on , or alternatively via email on .

With regards to viewing subject property, this is to be done strictly by appointment. Auctioneers Additional Comments   Pattinson Auction are referred to as The Auctioneer.

This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.

The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.

The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.

Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.

The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.

Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments   The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.

The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.

An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.

A Legal Pack associated with this 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.

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 equivalent to 5% of the purchase price.

The deposit will form part of the purchase price.

A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.

The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.

Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.

There is no requirement or obligation to use any recommended suppliers or services.