Cromwell Terrace, Scarborough, North Yorkshire, YO11 2DT

For Sale Via Online Auction. Fee's Apply.

This freehold HMO block has six apartments, 3 one-bedroom apartments, 1 two bedroom apartment and 2 bedsit apartments with shared bathroom current achieving around £36,000 per annum.

Ground Floor: Ground Floor Flat - This spacious one bedroom apartment consists of entrance into living room, large double bedroom, bathroom and separate kitchen and access into the rear yard.

First Floor: Flat 1 - This bedsit apartment consists of living/bedroom with kitchen area all with electric heating throughout. This property shares a bathroom with Flat 3.

Flat 2 - This self contained apartment consists of living area with fitted kitchen and bathroom with shower and WC Second Floor: Flat 3 - This bedsit apartment consists of living/bedroom space with kitchen area all with electric heating.

This property shares a bathroom with Flat 1.

Flat 4 - This self contained apartments consists of living area with fitted kitchen and bathroom with shower and WC Top Floor: Flat 5 - This top floor apartment consists off entrance hall to double bedroom, bathroom with shower, second bedroom and living room & fitted kitchen.

Description   This freehold block has six apartments, 3 one-bedroom apartments, 1 two bedroom apartment and 2 bedsit apartments with shared bathroom current achieving around £36,000 per annum.

Location   Located in a residential street located on the sought-after South Cliff / Ramshill area of Scarborough, North Yorkshire.

Within walking distance of local shops, Oliver's Mount views, and the town center.

Tenure   Title number NYK397993 - Freehold 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.