Guide price
£62,500
1 bed flat for saleFlat, 37 Trafalgar Square YO12
1 bed
1 bath
1 reception
EPC Rating: D
Leasehold
About this property
Rental Investment
Tenant in Situ
Extended Leasehold
1/4 Ownership of Freehold
One Bedroom Apartment
Description
We are delighted to offer this top floor one bedroom flat in Scarborough town as a rental investment with tenant in situ. This property is currently tenanted and is generating £5,400 per annum.
This property is a top floor flat located in Scarborough town with viewings over the local cricket ground. It consists of entrance leading into double bedroom with views over Scarborough's cricket ground, lounge, bathroom with bath suite, kitchen with granite effect worktops and fitted units all neutrally decorated throughout with double glazing and gas central heating.
This property has had a lease extended to 958 years by the current owner.
The freehold of the property is nominally with Trafalgar Flats Ltd, in which the owner of Flat D (or 4) have 1 share (25%).
Lounge - 11.85 m2 - Front facing lounge with dual aspect windows currently used as a bedroom, but is the larger space with radiator and Double Glazing.
Kitchen - 5.85 m2 - Compact kitchen with pale beech fitted units and granite effect worktops, room for a small table, radiator and double glazed window.
Bedroom - 6.09 m2 - Loft style rear facing bedroom with fabulous views over the cricket ground, radiator and double glazed dorma window.
Bathroom - 3.45 m2 - The bathroom has white bath suite with mixer taps and hand held shower, radiator and double glazing.
What3words: ///navy.debit.rocky
Council Tax Band: A (Scarborough Borough Council)
Tenure: Leasehold (958 years)
Ground Rent: £5 per year
Service Charge: £1,080 per year
The freehold of the property is nominally with Trafalgar Flats Ltd, in which the owner of Flat D (or 4) has 1 share (25%).
Each of the other three flat owners in the block also has one share (25%). Nicholson's act as the defacto office for tfl.
In effect, then, each tenant owns a 1/4 share (25%) of the freehold. The owner holds a copy of the register of title and copy of title plan and all legal correspondence confirming this legal arrangement. The owner is an authorised signatory (Director) of Trafalgar Flats Ltd, as is Tim Nicholson at Nicholson's.
We are delighted to offer this top floor one bedroom flat in Scarborough town as a rental investment with tenant in situ. This property is currently tenanted and is generating £5,400 per annum.
This property is a top floor flat located in Scarborough town with viewings over the local cricket ground. It consists of entrance leading into double bedroom with views over Scarborough's cricket ground, lounge, bathroom with bath suite, kitchen with granite effect worktops and fitted units all neutrally decorated throughout with double glazing and gas central heating.
This property has had a lease extended to 958 years by the current owner.
The freehold of the property is nominally with Trafalgar Flats Ltd, in which the owner of Flat D (or 4) have 1 share (25%).
Lounge - 11.85 m2 - Front facing lounge with dual aspect windows currently used as a bedroom, but is the larger space with radiator and Double Glazing.
Kitchen - 5.85 m2 - Compact kitchen with pale beech fitted units and granite effect worktops, room for a small table, radiator and double glazed window.
Bedroom - 6.09 m2 - Loft style rear facing bedroom with fabulous views over the cricket ground, radiator and double glazed dorma window.
Bathroom - 3.45 m2 - The bathroom has white bath suite with mixer taps and hand held shower, radiator and double glazing.
What3words: ///navy.debit.rocky
Council Tax Band: A (Scarborough Borough Council)
Tenure: Leasehold (958 years)
Ground Rent: £5 per year
Service Charge: £1,080 per year
The freehold of the property is nominally with Trafalgar Flats Ltd, in which the owner of Flat D (or 4) has 1 share (25%).
Each of the other three flat owners in the block also has one share (25%). Nicholson's act as the defacto office for tfl.
In effect, then, each tenant owns a 1/4 share (25%) of the freehold. The owner holds a copy of the register of title and copy of title plan and all legal correspondence confirming this legal arrangement. The owner is an authorised signatory (Director) of Trafalgar Flats Ltd, as is Tim Nicholson at Nicholson's.
More information
Tenure
Leasehold (958 years)
Service charge
£1,080 per year
Council tax band
A
Ground rent
£5
Ground rent date of next review
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