Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · YO16 4PQ
For saleReduced £2k (−4.8%) on 20 OctListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary We are pleased to offer for sale this one bedroom first floor retirement apartment which is situated on the corner with a Juliette balcony making it light and bright.
Front Exterior - The secure communal entrance provides access to all individual flats as well as shared facilities, including a comfortable residents' lounge and a fully equipped laundry room.
Outside, quiet seating areas with benches offer a peaceful spot to enjoy the surroundings.
The building also benefits from lift access to all floors, ensuring ease of movement throughout the development.
Entrance Hall - Upon entering the flat, the entrance hall provides access to the lounge, bedroom, bathroom, and a convenient storage cupboard.
Lounge/Dining Room - The lounge is open-plan and features a stylish fireplace as a focal point. There is ample space to accommodate a dining table, creating a versatile living and dining area.
Double doors opening to a Juliette balcony. Kitchen - Leading off from the lounge is the kitchen, which is fitted with a range of wall and base units, providing ample storage and workspace.
There is integrated appliances including a ceramic hob, oven, and extractor fan hood. Bedroom - A spacious master bedroom benefits from integrated wardrobes, offering plenty of built-in storage.
Bathroom - The bathroom includes a large shower with non-slip flooring, a wash basin, and a toilet.
Communal Laundry Room - A communal laundry room is conveniently located on the ground floor for residents' use. The property is currently tenanted until September paying 550pcm.
For sale through Pattinson Auction under Conditional Terms.
Council Tax Band: B Tenure: Leasehold Length of Lease: 105 Annual Ground Rent Amount: 383.00 Annual Service Charge Amount: 3,220.00 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.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Apartment 31 Burlington Court,, Gordon Road, Bridlington
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