HMO in YO11

Grosvenor Crescent, Scarborough, North Yorkshire, YO11 2LJ

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Online auction

  • 10 bedroom block
  • Private garden
  • Storage cupboards
  • Two communal kitchens
  • En-suites

HMO in YO11

For sale via secure sale online bidding - terms and conditions apply.

We are delighted to offer this 10 Bedroom HMO BLOCK generating just over £51,000 per annum with tenants in situ.

This block contains 10 separate rooms with en-suites, two shared kitchens and a shared garden to the rear.


Please note we have not inspected this property.

Summary

  • Property Type: HMO
  • Parking: Allocated

Location

Situated in Scarborough, North Yorkshire. This property is located close to many local amenties such as shops and entertainement facilities. A short walk away is Scarbourgh beach. Also, there is transport links as Scarbourgh rail station is a short distance from the properties location.

Accommodation

Lower Ground Floor
On the lower ground floor we have the two communal kitchens, a utility
room with washing machine and tumble dryer on coin meters, access to the
rear yard and one room with en-suit
Ground Floor
This large entrance hallway you have access to both stairs down and up,
one room with separate bathroom and other with en-suit with shower.
First Floor
This floor had storage cupboards in the hallway, two rooms with shower
rooms/bathroom and another room with shower over bath
Top Floor
The top ceiling has stained glass skylight and split into four rooms, two with
shower in the bedroom and small WC, two other with shower room/WC
together with some great views of Scarborough out the window

Council tax

Band C

EPC

Available upon request ( rating C )

Additional information

For further information please contact our office directly on 0191 737 1154, or alternatively via email on commercial@pattinson.co.uk. With rergards to viewing subject property, this is to be done strictly by appointment.

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This property is being sold subject to unconditional reservation fee auction terms and conditions.

 

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

 

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

 

Deposit

In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.

The deposit is non-refundable. 

 

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT)  This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

 

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:  

My bid may be accepted by the seller at any time before the close of the auction.  It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack. 

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.  

Any amount payable at the close of the auction must be paid within 1 hour.   

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second. 

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation. 

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice. 

Minimum online bidding increments: 
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid 
£150,001 to £250,000 - £1,000 minimum bid 
​£250,001 to £750,000 - £2,500 minimum bid 
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions. 

More Information is available:

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

 

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