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Flats 1, 2 & 3, 38 West Road, Loftus, Saltburn-by-the-Sea, TS13 4RQ



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Guide price

£85,000+


Property Type

Residential

Bedrooms

3


Key Features

  • Freehold mid-terrace residential block of 3 flats
  • Situated in the heart of Loftus, close to the town centre
  • Potential combined income when fully let circa £14,000 pa

Part of the 28 April 2022 auction
The Nottingham Racecourse at 2.30PM

Freehold block of 3 self contained one bedroom residential flats in the heart if Loftus, recently refurbished

  • Freehold block of 3 self contained flats
  • Situated in the heart of Loftus
  • A short walk from all town centre amenities
  • Close to the Boulby ash mine providing large scale employment
  • 3 storey mid-terrace property
  • Communal entrance hall
  • 1 - GF - Living room, kitchen, bedroom, shower room
  • 2 - FF - Bedroom, shower room, open plan kitchen/living room
  • 3 - FF - Bedroom, shower room, open plan kitchen/living room
  • Flat 1 benefits from a small yard to the rear
  • Property has been renovated to a good standard
  • Flat 2 currently let at £363.05 pcm (£4,356.60 pa)
  • Potential combined income when fully let circa £14,000 pa
  • Fully compliant and benefitting from hard wired fire system
  • Ideal opportunity for investors

Please contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily 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. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold subject to occupational tenancies Flat 2 - let on an AST at £363.05 pcm (£4,356.60 pa) Flats 1 & 2 currently vacant Potential combined income when fully let circa £14,000 pa

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