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5 bed flat for sale

£180,000

Castle Road, Scarborough YO11

5 3 3
Interested in this property? Call +44 1723 266896 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Sale By Modern Method Of Auction
  • Investment Opportunity
  • Wealth Of Amenities
  • EPC Grade C
  • No onward chain

Property description



For sale by Modern Method of Auction; Starting Bid Price £180,000 plus Reservation Fee+++ investment opportunity+++ block of three apartments+++ well maintained+++ close to all amenities+++ Now available to view through Reeds Rains is this fantastic investment opportunity. Currently vacant with no onward chain this block of three self contained apartments on separate utility meters and gas central heated. All three apartments are maintained to very good standard and would appeal to a wide range of possible purchasers including second homes, buy to let investment and holiday lets. Castle Road is located close to a wealth of local amenities including both north and south bay, Scarborough town center, historic Scarborough castle and local transport links. Viewings are highly recommended. For more information or to arrange your viewing please call the scarborough Reeds Rains branch. EPC grade C.

Auction Details

This property is for sale by the Modern Method of Auction which is not
to be confused with Traditional auction. The Modern Method of Auction
is a flexible buyer friendly method of purchase. We do not require the
purchaser to exchange contracts immediately, but grant 28 days to achieve
exchange of contracts from the date the buyer s solicitor is in receipt of the
draft contracts and a further 28 days thereafter to complete. Allowing the
additional time to exchange on the property means interested parties can
proceed with traditional residential finance. Upon close of a successful
auction or if the vendor accepts an offer during the auction, the buyer
will be required to put down a non-refundable Reservation Fee of 3.5%
subject to a minimum of £5,000 plus VAT which secures the transaction
and takes the property off the market. The buyer will be required to sign an
Acknowledgment of Reservation form to confirm acceptance of terms prior
to solicitors being instructed. Copies of the Reservation form and all terms
and conditions can be found in the Legal Pack which can be downloaded
for free from the auction section of our website or requested from our
Auction Department.
Please note this property is subject to an undisclosed Reserve Price
which is generally no more than 10% in excess of the Starting Bid. Both
the Starting Bid and Reserve Price can be subject to change. Terms and
conditions apply to the Modern Method of Auction, which is operated by
Reeds Rains Property Auctions powered by iam-sold Ltd.

Flat 1

Hallway

Double glazed window to the side elevation. Spiral staircase and built in storage cupboard.

Bedroom (2.95m x 4.17m)

Timber windows to the front elevation. Wood effect laminate floor. One wall mounted radiator and power points.

Kitchen (4.17m x 4.17m)

Modern fitted kitchen with wall and base units with worktops and integrated sink and drainer. Wood effect laminate flooring. Wall mounted radiator. Two windows to the rear.

Occasional Room (2.77m x 3.07m)

Wall mounted radiator. Wood effect laminate flooring. Power points. Ceiling spot lights.

Bathroom (1.62m x 2.77m)

Three piece bathroom suite including paneled bath with shower attachment, wash hand basin and dual flush WC. One wall mounted radiator. Tile effect laminate flooring.

Flat 2

Open Plan Living Room / Kitchen (4.14m x 4.27m)

Modern fitted kitchen offers a range of wall and base units with worktops. Stainless steel sink and drainer with mixer tap. Ceramic hob with electric oven and extractor. Spaces for appliances. One wall mounted radiator. Timber bay window to the front elevation. Entry phone system.

Bedroom (2nd) (2.74m x 3.05m)

Timber bay window to the front elevation. One wall mounted radiator. TV power points. Wood effect laminate flooring.

Bathroom (2nd) (1.50m x 2.51m)

White three piece bathroom suite comprises paneled bath with electric shower over bath, wash hand basin and dual flush WC. One wall mounted radiator. Double glazed window to the side elevation.

Flat 3

Open Plan Living Room / Kitchen (2nd) (4.14m x 4.27m)

Modern fitted kitchen offers a range of wall and base units with worktops. Stainless steel sink and drainer with mixer tap. Ceramic hob with electric oven and extractor. Spaces for appliances. One wall mounted radiator. Timber bay window to the front elevation. Entry phone system. Installed sprinkler system throughout apartment Three.

Bedroom 1 (4.19m x 4.27m)

One wall mounted radiator. Timber bay fronted window to the front elevation. Power points. Wood effect laminate flooring.

Bathroom (3rd) (1.52m x 2.57m)

White three piece bathroom suite comprises paneled bath with electric shower over bath, wash hand basin and dual flush WC. One wall mounted radiator. Double glazed window to the side elevation.

Bedroom 2 (2.74m x 3.12m)

One wall mounted radiator. Timber bay fronted window to the front elevation. Power points. Wood effect laminate flooring.

Bedroom 3 (2.74m x 3.05m)

Timber bay window to the front elevation. One wall mounted radiator. TV power points. Wood effect laminate flooring.

Important note to purchasers:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

/8

Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £146,288 Sales 362 Current average value £151,531 (Zoopla Zed-Index) Value change £8,819 ▲ 6.18%

Property value data/graphs for YO11

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £239,521 £178 3.3 £254,470
Semi-detached £154,794 £163 3.0 £153,638
Terraced £141,128 £140 3.4 £139,075
Flats £116,960 £156 1.9 £100,958

Current asking prices in YO11

Average: £187,512
Avg. current asking prices in YO11
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £61,250
(4)
£143,896
(14)
£192,803
(27)
£281,052
(19)
£318,332
(6)
Flats £76,628
(19)
£160,544
(59)
£175,825
(6)
£162,500
(3)
£190,000
(2)
All £73,954
(23)
£157,351
(73)
£189,716
(33)
£264,886
(22)
£286,249
(8)

Current asking rents in YO11

Average: £445 pcm
Avg. current asking prices in YO11
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £371 pcm
(3)
£622 pcm
(2)
- - -
Flats £390 pcm
(10)
£457 pcm
(7)
£535 pcm
(2)
- -
All £386 pcm
(13)
£494 pcm
(9)
£535 pcm
(2)
- -

Fun facts for YO11

Highest value in YO11
Highest value streets Zed-Index
Deepdale Avenue £435,332
Weaponness Drive £397,613
Folkton, Scarborough YO11 £300,109
Weaponness Park £298,229
Wheatcroft Avenue £280,559
Highest turnover in YO11
Highest turnover streets Turnover
Filey Road 51.4%
Sea Cliff Crescent 50.0%
Main Street 50.0%
Beverley Close 48.3%
The Furrows 42.9%

What Zoopla users think of Scarborough

Overall rating:

  • currently 4 stars
Very good - 79% (105 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Scarborough:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Scarborough (0.6 miles)
  • Seamer (3.3 miles)
  • Filey (6.7 miles)
  • Durham Tees Valley Airport (44.4 miles)
  • Humberside Airport (49.3 miles)
  • Leeds Bradford International Airport (59.0 miles)
  • Hull Ferry Terminal (37.9 miles)
  • Transporter Bridge South Side (39.3 miles)
  • Transporter Bridge North Side (39.3 miles)

Nearby schools

View all schools in Scarborough
  • Friarage Community Primary School (0.1 miles)
  • Gladstone Road Primary School (0.8 miles)
  • Scarborough, Northstead Community Primary School (1.0 mile)
  • Scarborough University Technical College (1.2 miles)
  • Scarborough Sixth Form College (1.6 miles)
  • International Christian Language School for Functional English (16.5 miles)
  • Scarborough College (1.5 miles)
  • Springhead School (1.6 miles)
  • St Augustine's Roman Catholic School, Scarborough (1.6 miles)
Note: Distances are straight line measurements

Local info for Scarborough

About the neighbours in YO11

AskMe Q&A for Scarborough

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For more information about this property, please contact
Reeds Rains, YO11 on +44 1723 266896 * (local rate)

Monthly running costs Beta

£944 Monthly total

Mortgage

Purchase price
Deposit (10%) 18,000
Repayment term 25
Interest rate 1.5
Your payment £647 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Energy

Gas £44 Electricity £51 Estimated energy cost £95/mo

Similar properties could save up to £384

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 15700 kWh/year
Electricity: 4200 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Scarborough

Estimated tax band C Council tax cost £153 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £21 Sewerage £28 Estimated water cost £49 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Reeds Rains about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Reeds Rains, and do not constitute property particulars. Please contact Reeds Rains for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

View all Castle Road property for sale