End of terrace house
A freehold Grade II Listed end-terraced property split into four self-contained two bedroomed flats. The seller understands that three of the four flats are let producing £18,504 per annum. Prospective buyers are advised to inspect the legal documents in this regard prior to placing their bid as this will be binding.
North Marine Road is located within a 10 minute walk of Scarborough town centre and the seafront. Access to the A64 is a 15 minute drive away, providing routes toward York and the wider region.
Within walking distance is a range of shops, cafes and local amenities, as well as the South Bay Beach and Scarborough Castle. A short drive away is the North Bay Promenade, Peasholm Park and the Scarborough Open Air Theatre.
Transport links are provided by Scarborough Station, offering direct rail services to York, Leeds, and Hull.
We have been made aware this property is in the Scarborough conservation area. Prospective buyers are advised to make all necessary independent enquiries prior to bidding, as any bid made will be binding.
Flat 1 - B. Flat 2 - A. Flat 3 - A. Flat 4 - A.
Please be advised that the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.
Auction Details
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of £1,500 inc. VAT
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
