Property Details - 77 Cardigan Road, Bridlington, East Riding Of Yorkshire

Photo of 77 Cardigan Road, Bridlington, East Riding Of Yorkshire

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Lot 8

This interesting investment opportunity consists of a large double-fronted house with offices to the the ground floor and 2 x two bedroom flats on the first floor. An additional split level rear extension offers a further two bedroom flat and within the grounds at the rear of the property are two bungalow style flats each offering two bedroom accommodation. All flats have their own access and there are 6 allocated parking spaces to the rear of the property for the flats, and 3 for the office to the front. The flats and the office are all currently let, generating approx £50,000 pa. The property is being sold with the investment income and with the condition that the current lease on the office is upheld for a further year as a minimum. Bridlington is located 24 miles north of Hull and is a popular seaside destination with good shopping facilities and transport links.

ACCOMMODATION

Ground floor: office rooms with kitchen, bathroom
First floor: Flat 4: two bedrooms, kitchen, lounge, bathroom
First floor: Flat 5: two bedrooms, kitchen, lounge, bathroom
Flat 1: hallway, two bedrooms, lounge, kitchen/diner, bathroom
Flat 2: hallway, kitchen, two bedrooms, lounge, bathroom
Flat 3: hallway, bedroom one stairs to first level, kitchen, bathroom, bedroom two

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

East Riding of Yorkshire 01482 393939
Council Tax Band: All flats 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.

77 Cardigan Road, Bridlington, East Riding Of Yorkshire

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