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***For Sale by Auction – Cedar Court Hotel, Bradford, BD5 8HW. Wednesday 28th November, 6:30pm Registration – 7pm Start***
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, however from the date the Draft Contract is received by the buyers solicitor, the buyer is given 56 days in which to complete the transaction, with the aim being to exchange contracts within the first 28 days. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Reservation Fee of 4.2% of the final sale price to a minimum of £6,000 including VAT which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by East Yorkshire Property Auction powered by IAM Sold. Reservation Fee is in addition to the final negotiated selling price.
+++ HUGE INVESTMENT OPPORTUNITY with these TWO APARTMENTS within a block of three now becoming available. Situated on the POPULAR SOUTH SIDE of Scarborough within close proximity of amenities and the sea. +++
'In our opinion' these two apartments are offered to the market in generally good order throughout with only cosmetic works to be carried out. The properties could be used as two separate letting units as they are currently laid out or could, subject to relevant permissions, be split into three apartment or one generously sized apartment set over two floors. These would be attractive buy to let or holiday let investment properties once the works are carried out and need to be viewed to be appreciated.
Situated on Scarborough's South Cliff region these apartments offer access to a wealth of amenities with Ramshill providing a post office, convenience stores, launderette, butchers and hairdressers plus many more. Within close proximity is the Esplanade for scenic views overlooking the south bay and attractive gardens to sit and enjoy the views.
OFFERED WITH NO ONWARD CHAIN, Viewing is highly recommended and can be arranged via our friendly office team on 01723 352235.
Front entrance door leading into the hall with a further door to the right providing stairs access up to both apartments.
Main entrance door with doors into:
With further doors into:
With doors into:
This room was not able to be inspected (assumed same layout and size as the other bedroom)
We believe the apartments to be 'Freehold' with no known restrictions on the title. There is not a maintenance agreement in place for the building meaning this opportunity will only be suitable to cash buyers. There is only one other flat within the block along with these two so any purchaser would have to liaise with any other flat owner if they were to put a maintenance agreement in place.