Property Details - 31-37 Clarence Road, Bridlington

Photo of 31-37 Clarence Road, Bridlington

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Lot 15

A portfolio of 4 large mid terrace properties consisting of 10 self-contained units that are currently all let out on standard Assured Shorthold Tenancy agreements. The properties consist of a mixture of 8x1 bedroom flats and 2x2 bedroom flats. The current income is £42,000 annually although we have been advised that most of the tenants have been in situ for a long period of time and therefore a rent increase would be necessary on most of the flats. Clarence Road is located in Bridlington, West Yorkshire. It is within a short walk away from the popular town centre, which includes many amenities includng the new leisure world sports complex which is due to open in the next few months. Local buses are within a walking distance, as well as other transportation connections.

ACCOMMODATION

10 self contained flats, 8x1 beds and 2x2 beds

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

Bridlington Council - 01262 409006
Tax Rating - A

VIEWING TIMES

By appointment through the Auctioneers

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Price Information

*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) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

Buyers Premium of £600 inclusive of VAT
Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
Stamp Duty - rates easily available on-line
Your solicitor fees and any survey fees
Insurance - it is your responsibility from the date of exchange to insure the property purchased.

31-37 Clarence Road, Bridlington

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