£130,000+ (Guide price)
3 Bedroom House - Mid Terrace,
Dene Terrace, Walbottle, Newcastle Upon Tyne
3 Bedrooms •1 Bathrooms •1 Receptions
11 Marine Parade, Saltburn-By-The-Sea , TS12 1DP
£147,000+
2 Bedrooms •1 Bathrooms •1 ReceptionsLegal packs are provided only under Option 1 auction properties where you exchange contracts on the fall of the gavel. This property is offered for sale under Option 2 terms whereby the buyer places a £3000 deposit (that comes off the purchase price) and the £2400 including VAT administration fee. Contract papers are then sent to the buyers solicitor allowing 28 days to exchange contracts and a further 14 days to complete.
Well positioned on the coveted Marine Parade and with vacant possession, a spacious two-bedroom top floor (4th floor) apartment within an iconic grade II listed building, commanding breath taking views of the sea & coastal landscape. Flats 1 & 6 are owned by the same vendor, and we have been advised that both apartments can now be holiday lets and this would bring in an income with new leases for these properties as permitted Holiday Lets, based on figures provided by a local operator and the projected annual gross revenue is between £30k-£35k.
Two Double Bedroom Top Floor Apartment
Spacious Lounge
Kitchen with A Range of Fitted Units
Bathroom with White Three Piece Suite
Recently Renewed Long Term Lease Agreement with Holiday Lets Permitted Within the Lease
Close to Saltburn’s Cosmopolitan Town Centre Including Independent Shops, Bars & Restaurants
Property details provided by Michael Poole
EPC rating: D
Council Band: B
Title: Leasehold. The lease agreement commenced in August 2023 on a 999 year term. The apartment also solely owns the front garden area, and this is detailed in the new title plan.
For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION TAKING BIDS NOW OPTION 2
HALLWAY
LIVING ROOM
5.23m x 5.5m (17’2″ x 18’1″)
KITCHEN
2.26m x 4.04m (7’5″ x 13’3″)
BEDROOM ONE
3.4m x 3.96m (11’2″ x 13′)
BEDROOM TWO
3.2m x 3.53m (10’6″ x 11’7″)
BATHROOM
2.6m x 1.73m (8’6″ x 5’8″)
EXTERNALLY
Externally the apartment features a large communal yard with gated access to the alley and this is shared between the six apartments within Kingsley House.
Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by MP. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com
Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.
Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.
Details awaiting vendors approval.
£130,000+ (Guide price)
3 Bedrooms •1 Bathrooms •1 Receptions
£300,000+ (Guide price)
4 Bedrooms •2 Bathrooms •2 Receptions
£59,950+ (Guide price)
2 Bedrooms •1 Bathrooms •1 Receptions