Esplanade, Scarborough £270,000

+++ CPH are delighted to offer to the market, 'in our opinion' this most spectacular Freehold PENTHOUSE apartment located on the highly desirable ESPLANADE of Scarborough. The apartment offers spectacular views across Scarborough's South Bay and overlooks the Italian Gardens and Clock Tower. The apartment itself offers spacious accommodation with a LUXURIOUS and QUALITY interior throughout. The size, location and views on offer from this apartment be truly appreciated by having a physical viewing. The Quality of the fittings and decor is second to none. PRIVATE PARKING, LIFT, VACANT POSSESSION AND NO ONWARD CHAIN +++

Accomodation

Hallway with Dining area
Doors off to all rooms. Internal Storage Cupboards.

Lounge (7.3 x 5.9 (23'11" x 19'4"))
With Access to external Balcony which provides fantastic sea views over Scarborough's South Bay.

Kitchen (5.2 x 2.4 (17'0" x 7'10"))

Bedroom One (5.4 x 5.2 (17'8" x 17'0" ))

Ensuite (2.9 x 2.0 (9'6" x 6'6"))

Bedroom Two (5.2 x 3.5 (17'0" x 11'5"))

Shower room

Outside
The property has a front and rear facing balconies.
PARKING - To the rear of the property is a private parking area with parking for 2/3 vehicles dependant on size. There is also a metal Storage unit which belongs to the apartment.

Tenure
We have been informed by the Vendor that the property is Freehold with an in-house management company in place, namely, 'Premier Apartments LTD'. All five apartment owners within the block are directors within the management company. We have also been advised that the annual service charge is believed to be around £2,000 per annum to include building insurance. Pets and Assured Shorthold Tenancies are permitted, however, Holiday Letting is NOT PERMITTED. *We do however advise that matters subject to the tenure, maintenance and restrictions are to be clarified via a solicitor at the time of purchase

Council Tax and EPC
Council Tax Band - D
EPC Rating - E (49)

Details Prepared by/ Date
GV 22/06/24

Auction
Auctioneer's Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.
The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.