This distinctive semi-detached period house is a long-established residential investment, having been converted to provide one-bedroom living accommodation on each of the three floors. The three flats are individually let at between £485 and £530pcm and after deducting gas and electricity costs paid by the owner we are informed the net rental income is around £15,500 per annum. Each floor has gas central heating, and flat 1 & 3 has replacement double glazing. The middle flat has also recently been refurbished but the scope exists to modernise fixtures and fittings in the other two flats and to make further alterations so each flat is self-contained.

Location
The property is in a small cul-de-sac of similar houses that is only around a third of a mile north of the main central shopping and entertainment area, including the harbour, of this East Yorkshire Coast resort town. The leisure centre and swimming pool, adjacent to one of the towns two renowned sandy beaches, is just a couple of hundred yards away.

Entrance
A timber door gives access into the building where a staircase gives access to all floors

Flat 1

Lounge 13'10" x 12'11" (4.22m x 3.94m)
With stone fireplace, gas central heating radiator, coving and UPVC bay window to the front

Kitchen 11'10" x 8'11" (3.6m x 2.72m)
With wall and base units, plumbing for washing machine, sink and drainer space for washing machine and door to the rear.

Bedroom 11'10" x 11'11" (3.6m x 3.63m)
With fitted furniture, gas central heating radiator, UPVC window and a door leading into:

Bathroom
With panelled bath, wash basin and WC

Flat 2

Lounge 13'10" x 12'11" (4.22m x 3.94m)
With bay window to the front, gas central heating radiator, tv and power points

Bedroom 11'10" x 11'11" (3.6m x 3.63m)
With window to the side aspect, gas central heating radiator and power points

Bathroom
offering an opaque window, panelled bath, wash basin and wc

Kitchen 11'10" x 8'11" (3.6m x 2.72m)
A fully fitted kitchen with a range of wall and base units, ceramic hob, space for fridge freezer sink and drainer and plumbing for washing machine

Flat 3

Lounge 13'10" x 12'10" (4.22m x 3.9m)
With window, tv and power points and gas central heating radiator

Bedroom 11'10" x 12' (3.6m x 3.66m)
With window, power points and gas central heating radiator

Bathroom
With bath, wc, wash basin and UPVC window

Kitchen 11'10" x 8'10" (3.6m x 2.7m)
With wall and base units, plumbing for washing machine, sink and drainer space for washing machine

External
To the front is a frontage with off street parking for one vehicle and the rear offers a yard area which is utilised by the ground floor flat.

Tenure

Freehold.  Sold subject to the existing assured shorthold tenancies.

Council Tax

East Riding of Yorkshire Council shows that all three flats are banded in council tax band A

Services 

All mains services are believed to be connected but have not been tested.

Viewings

Strictly by appointment with the auctioneers on[use Contact Agent Button]

Solicitors

Lundys Solicitors, 17 Exchange Street, Driffield, East Yorkshire YO25 6LA

Method of Sale

The property will be offered for sale by online auction with bidding commencing at 12 noon on Monday 18th September 2023 and closing on Wednesday 20th September 2023 at 3.00pm. For further legal information relating to this lot please log on to auctionhouse.co.uk/hullandeastyorkshire.

Conditions of Sale

The property will be sold subject to conditions of sale, copies of which will be available for inspection at the auctioneer's offices, with the solicitors and on-line at auctionhouse.co.uk/hullandeastyorkshire prior to the date of the auction.

Guide Price

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

Additional Fees:

The purchaser will be required to pay an administration charge of 0.3% of the purchase price subject to a minimum of £750 (£625 plus VAT) and a buyer's premium of £480 (£400 plus VAT) in addition to the purchase price of the property.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

ONLINE BIDDING

If you are wanting to bid on this property, copy and paste the link below into your URL bar or into a Google search and it will take you to a video that explains the process:

youtube.com/watch?v=ImXr4HXR36c