Windsor Crescent, Bridlington, East Yorkshire

£120,000

Guide price

  • Bedrooms: 6
FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 9TH SEPTEMBER 2020 AT 6.30PM BY ONLINE AUCTION BIDDING *Guide Price £120,000 to £130,000

Description

This four storey property has been successfully run by the current owner as three self contained holiday apartments. Located close to the Spa and South side Bay, the property has produced an average gross income of just under £30,000pa over the last six years. The well presented apartments are double glazed, gas centrally heated and have attained a Trip Advisor certificate of Excellence for the past three years. The sale represents an outstanding opportunity for 'hands on' investors to continue the current holiday letting or for those wanting a less demanding investment, to let out the individual apartments on longer term leases. All contents are included in the sale.

Location

Windsor Crescent is off the seafront across the road from the harbour. It is therefore conveniently located for access to the Beach and all the facilities provided by the Town Centre. Bridlington is a popular East Coast resort town that provides an excellent base to explore the East Yorkshire coast and many other attractions in the area.

Entrance Hall

Apartment One (Ground Floor)

Sitting Room

13' x 12' (3.96m x 3.66m)

Radiator, TV point and French doors to the yard.

Kitchen

13'1'' x 8'6'' (3.99m x 2.59m)

Fitted with a range of base, wall and drawer units, worktop space over, tiled splash backs, fitted electric oven, four ring gas hob with extractor hood over, space for a fridge, stainless steel sink and tiled flooring.

Shower Room

Fitted with a three piece suite comprising shower cubicle, low level WC, wash hand basin, radiator, spotlights to the ceiling and tiled flooring.

Apartment 2 (First Floor)

Landing

Kitchen Area

11'9'' x 5'11'' (3.58m x 1.80m)

Fitted with a range of base, wall and drawer units with worktop space over, stainless steel sink, four ring gas hob with extractor hood over, fitted electric oven and spotlights to the ceiling. Opening into:

Sitting Area

11'9'' x 9'10'' (3.58m x 3.00m)

Radiator and TV point.

Bedroom

12'1'' x 10'4'' (3.68m x 3.15m)

Radiator.

Bathroom

Fitted with a three piece suite comprising panelled bath with shower and screen over, pedestal wash hand basin, low level WC and chrome heated towel rail. Cupboard storing the gas combination boiler.

Apartment 3 (Second Floor)

Landing

Door to the third floor.

Kitchen

8'8'' x 6'4'' (2.64m x 1.93m)

Fitted with a range of base, wall and drawer units with worktop space over, tiled splash backs, fitted electric oven and four ring gas hob with extractor hood over, stainless steel sink and space for a fridge.

Sitting Room

11'9'' x 9'7'' (3.58m x 2.92m)

Radiator and TV point.

Dining Area

10'5'' x 6'2'' (3.18m x 1.88m)

Bathroom

Fitted with a three piece suite in white comprising panelled bath, pedestal wash hand basin, low level WC, radiator and part tiled walls.

Bedroom One

10'9'' x 8'9'' (3.28m x 2.67m)

Radiator.

Third Floor

Landing

Bedroom Two

9'6'' x 8'9'' (2.90m x 2.67m)

With wall mounted electric heater.

Bedroom Three

7'10'' x 7'8'' max (2.39m x 2.34m max)

Bedroom Four

Shower Room

Fitted with a three piece suite comprising shower cubicle, low level WC, pedestal wash hand basin, part tiled walls, heated towel rail and wall mounted gas boiler.

Outside

To the front of the property is a forecourt area whilst to the rear is an enclosed courtyard. To the rear is a block paved enclosed courtyard that is used by the ground floor apartment and has double gates that provide a rear vehicle access.

Contents

The property is sold inclusive of all contents. An inventory will be included in the legal pack.

Services

Mains water, gas, electricity and drainage are connected to the property. None of the services or installations have been tested.

Tenure

Freehold. Vacant possession upon completion.

Viewing

Strictly by appointment through Auction House Hull & East Yorkshire on 0845 400 99 00. Before doing a physical viewing you must have watched the video viewing https://vimeo.com/440627397

Rates

The property is run as self catering holiday units and as such Business rates are payable to the East Riding of Yorkshire Council. The property has a rateable value of £5,700 but qualifies for Small business rate relief so nothing is payable.

Solicitor

David Lundy

Lundys Solicitors

17 Exchange Street

Driffield

YO25 7LA

01377 252831

Method of Sale

He property will be offered for sale by public auction on Wednesday 9th September at 6.30pm by online auction. For further legal information relating to this lot please log on to www.auctionhouse.uk.net/hullandeastyorkshire.

Conditions of Sale

The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer's offices, with the solicitors and on-line at www.auctionhouse.uk.net/hullandeastyorkshire prior to the date of the auction.

Additional Fees

Additional Fees (Including VAT)

Administration Charge: £750

Buyer's premium £480

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion

*Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Online Bidding Information

If you are wanting to bid on this property, take a look at this video, which goes through the online bidding process:

https://www.youtube.com/watch?v=ImXr4HXR36c

Disclaimer: Dee Atkinson & Harrison for themselves and for the vendors or lessors of this property, whose Agents they are, give notice that these particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a Contract. No person in the employment of Dee Atkinson & Harrison has any authority to make any representation or warranty whatever in relation to this property.

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Dee Atkinson & Harrison - Sales

56 Market Place, Driffield

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