Property for Auction in Hull & East Yorkshire - 5 South Street, Scarborough, North Yorkshire

A basement and ground floor flat with garage, in need of refurbishment. Located at basement and ground floor levels and offering a great opportunity for refurbishment into two flats (subject to any consents required), this property will appeal to developers and investors. It comprises two interconnected units that can easily be made self-contained as each has its own entrance. The basement offers one-bedroom accommodation and has an internal staircase leading up to the ground floor three-bedroom unit. To the rear is a large garage that could be made into additional living space (subject to planning consent). The property is in need of modernisation but offers great potential.

The lot encompasses the basement and ground floor (5 South Street), together with the reversionary interest from the 3 upper floor flats comprised within 5a South Street, these generating a ground rent income of £70pa. Tenure Freehold with vacant possession upon completion. Location Situated in a lovely residential area close to the wonderful gardens and walking routes of The Esplanade and the local transport links and amenities of Ramshill Road. The amenities close by include; convenience stores, hotels, pubs and eateries, salons, pharmacies, butchers and more. Accommodation Ground Floor Entrance Hall - With radiator. Bedroom One - With radiator, two window to the front Bedroom Two - With radiator, window to the side Living Room - With radiator. Opening to the kitchen Kitchen -With integrated hob and oven, breakfast bar, base and wall units, open plan to the living room, staircase down to the basement. Rear Hallway - Leading to the bathroom, bedroom three and the garage. Exit door to the rear? Bathroom - With three piece suite and radiator Bedroom Three - With radiator Garage - With roller shutter door and personal door.

The basement comprises: Bedroom Living Room Kitchen Box Room Bathroom Services All main services are connected to the property but have not been tested. Method of Sale The property will be offered for sale by online auction with bidding commencing at 12.00 pm on Monday 20th January 2025 and closing on Wednesday 22nd January at 1.00pm. For further legal information relating to this lot please log on to auctionhouse.co.uk/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 online at auctionhouse.co.uk/hullandeastyorkshire, before the date of the auction. 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 before 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. Energy Efficiency Rating (EPC) Current Rating D Services Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services. Local Authority North Yorkshire Council Solicitors Schofield Sweeney, Springfield House, Leeds, West Yorkshire, LS1 2AY, Ref: Elizabeth McPhail, Tel: 01138 494 048 Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees Buyer's Premium - The purchaser will be required to pay a buyer’s premium of £600 (£500 plus VAT) in addition to the purchase price of the property. Administration Charge - The purchaser will be required to pay an administration charge of £900 (£750 plus VAT) subject to a minimum of 0.3% of the sale price including VAT in addition to the purchase price of the property. Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion. Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.