1 Bed Flat For Sale Back South Street, Scarborough, YO11
£60,000- Flat
1 of 9
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Last Updated: 3rd July 2024
Description
Hunters are pleased to bring to the market this SPACIOUS and AIRY GROUND FLOOR FLAT unusually offering completely level access and comprising larger than average lounge/kitchen, GENEROUS SIZE DOUBLE BEDROOM and SEPERATE SHOWER ROOM. A CELLAR BELOW is communally owned and offers scope for storage as does the communal back yard with rear access. The property is LEASEHOLD with 975 YEARS TO RUN...
The freehold is held by a management company in which a new owner would have 20% share giving real influence over the management of the block, but effective day-to-day management is carried out by a local firm appointed by that company. A service charge of around £80per calendar month covers insurance of the fabric, cleaning and maintenance of shared parts of the building including fire safety. Service charge arrears on the part of the owner of two units in the block currently limits work to essential maintenance but once this issue has been resolved there will be scope for a programme of general improvement.
Prohibition orders prevent occupation of these two units but other flats and communal areas are unaffected, Resolution of this issue will of course lead to renovation of these units to the benefit of the block as a whole. The property is in a local authority licensing area giving the local authority powers to regulate the occupancy, use and condition of all properties in the area in order to enhance local community alongside improvements in the built environment.
Within five minutes walk you can access the local shopping center, bars offering entertainment, the Esplanade with its stunning views of the harbor and the castle benefiting from lift to the beach and the spa. Within 100m is the church of St Martins with its celebrated collection of artistic treasures and delightful cafe, in a distinguished architectural setting currently benefiting from significant refurbishment.
Call now to arrange a viewing!
Material Information Scarborough - Tenure Type; Leasehold
Leasehold Years remaining on lease; 975
Leasehold Annual Service Charge Amount £1,000
Council Tax Banding; A
The freehold is held by a management company in which a new owner would have 20% share giving real influence over the management of the block, but effective day-to-day management is carried out by a local firm appointed by that company. A service charge of around £80per calendar month covers insurance of the fabric, cleaning and maintenance of shared parts of the building including fire safety. Service charge arrears on the part of the owner of two units in the block currently limits work to essential maintenance but once this issue has been resolved there will be scope for a programme of general improvement.
Prohibition orders prevent occupation of these two units but other flats and communal areas are unaffected, Resolution of this issue will of course lead to renovation of these units to the benefit of the block as a whole. The property is in a local authority licensing area giving the local authority powers to regulate the occupancy, use and condition of all properties in the area in order to enhance local community alongside improvements in the built environment.
Within five minutes walk you can access the local shopping center, bars offering entertainment, the Esplanade with its stunning views of the harbor and the castle benefiting from lift to the beach and the spa. Within 100m is the church of St Martins with its celebrated collection of artistic treasures and delightful cafe, in a distinguished architectural setting currently benefiting from significant refurbishment.
Call now to arrange a viewing!
Material Information Scarborough - Tenure Type; Leasehold
Leasehold Years remaining on lease; 975
Leasehold Annual Service Charge Amount £1,000
Council Tax Banding; A
Agent Details
Hunters
33 Huntriss Row Scarborough YO11 2ED
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.