+++ANNUAL GROSS INCOME £24,060...TENANTS RESPONSIBLE FOR ALL UTILITIES… SOLD VIA MODERN METHOD OF AUCTION. Liam Darrell Estate Agents are delighted to present this IDEAL INVESTMENT OPPORTUNITY TO THE MARKET. 56 Trafalgar Square is a block of FOUR, ONE BEDROOM, SELF CONTAINED APARTMENTS, all of which are fully tenanted and generating a positive income. The block is split into four apartments, the ground floor of which benefits from a PRIVATE REAR GARDEN.+++

Located centrally within Scarborough, the property affords excellent access to a wealth of amenities including supermarkets, local shops and eateries and, a little further afar, lie Scarborough Town Centre, Peasholm Park and Scarborough's North Bay Beach.

Viewing does come highly recommended for this ideal investment opportunity. f you wish to book a viewing, please contact Liam Darrell Estate Agents.

Ground Floor -
Entrance Hall
External door in to entrance hall, meter cupboard, staircase to first floor, storage cupboard, door into Flat 2, staircase to second floor, storage cupboard and door into Flat 3, staircase to third floor and door into Flat 4.

Flat 1 - One Bedroom Apartment with Garden
Door from communal hallway into living room, bay window to the front, wall mounted radiator and feature fireplace, door into bedroom with wall mounted radiator and window to the rear. Door into the kitchen with range of wall and base units, sink and space for appliances, door out to rear garden and door in door into bathroom with shower over bath, window to the side, pedestal basin and WC.

Living Room - 4.10 × 4.16
Bedroom - 3.69 x 3.81
Kitchen - 1.99 × 5.20
Bathroom - 1.86 x 1.56

Flat 2 - One Bedroom First Floor Apartment
Door from communal hallway on first floor into entrance hall, door into bedroom with window to the front, door in to living room with window to the front. Door from living room in to the kitchen with wall and base units, sink and space for appliances - door into bathroom with bath, basin and WC, window to the rear.

Living Room - 3.07 × 4.12
Bedroom - 1.79 x 3.42
Kitchen - 3.09 × 2.71
Bathroom - 3.10 x 1.06

Flat 3 - One Bedroom Second Floor Flat
Door from second floor landing into hallway, door into bedroom with bathroom to the rear, bath, WC and sink. Door from hall in to living with window at the front and door in to the kitchen wall and base units, window to the front, sink and space for appliances.

Living Room - 3.07 × 4.12
Kitchen - 1.77 × 3.42
Bedroom - 3.08 × 2.70
Bathroom - 3.09 × 1.06

Flat 4 - One Bedroom Top Floor Flat
Door from third floor landing into kitchen with fitted wall and base units, sink and space for appliances, door in to bathroom with bath, sink and WC. Door into living room with window to the front and door into bedroom with window to the front.

Living Room - 3.07 × 3.42
Kitchen - 3.08 × 2.70
Bathroom - 3.09 × 1.06
Bedroom - 2.02 × 3.42

RENTAL INCOME:

Flat 1 -- £530 pcm
Flat 2 -- £500 pcm
Flat 3 -- £500 pcm
Flat 4 -- £475 pcm
Monthly Gross £2,005
Annual Gross £24,060

External
To the front of the property is a gated forecourt with gravelled area and to the rear is a private garden belonging to Flat 1 made up of up decked area, patio rea, plants and flowers and gate to the rear access.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties’ personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.