St Georges Avenue, Bridlington, East Yorkshire

FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 11th NOVEMBER 2020 AT 6.30PM BY ONLINE AUCTION This three storey end of terrace house has been divided to create four self contained apartments.

Description

This three storey end of terrace house has been divided to create four self contained apartments. The property is freehold and the accommodation of each flat is believed to be; Lounge/Kitchen, Shower/bathroom, Bedroom. (One flat is 2 bedroom). There is a rear yard and parking is on street. We would estimate that the property is capable of achieving an income in the region of £14,000pa. The vendors are not aware as to whether any of the flats are occupied. The property is being sold by the mortgagee not in possession under 'Power of Sale' rules. As such, the occupancy of the property is unknown and internal viewing is not available prior to purchase.

Location

The property is located close to Bridlington Town Centre on the northern side of Town, close to the North Beach, Leisure World Complex and various shops, cafes, restaurants etc.

Repair Notice

A section 11 & 12 notice dated 10th September 2018 has been issued on the owners of the building in relation to fire and electrical systems . No action will be taken by the current vendors with regard to this notice and the property is therefore being sold as seen. The ingoing purchaser will be responsible for the apportioned cost of the repairs. A copy of the notice will form part of the legal pack.

Services

All mains services are believed to be connected.

Tenure

Freehold. Possession is subject to any current leases.

Council Tax

Council Tax is payable to the East Riding of Yorkshire Council. All flats are listed as being in Council Tax band A.

Viewing

The property is being sold by the mortgagee not in possession under 'Power of Sale' rules. As such, the occupancy of the property is unknown and internal viewing is not available prior to purchase.

Method of Sale

The property will be offered for sale by public auction on Wednesday 11th November 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

Buyers Premium £1080

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

Solicitors

Rosling King LLP, 10 Old Bailey, London, EC4M 7NG

rksales@rkllp.com

*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.

Bidding online 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.