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£40,000

Hope Street, Filey

  • 2 beds
Flat

£40,000

  • 2 beds
Flat
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Buy with a mortgage
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Estimate monthly mortgage payment:

£183 per month

Minimum deposit amount:

£2,000
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Standout Features
  • Ground Floor Flat
  • For Sale Via Modern Method of Auction
  • Two Bedrooms
  • Subject to Reserve Price
  • Central Location
  • In Need of Renovation
  • Buyer Fees Apply
  • EPC Grade - TBC
Property Description Offered with no onward chain, this two-bedroom ground floor flat presents an exciting opportunity for developers or investors looking to renovate and add value. Situated in the heart of the charming seaside town of Filey, the property is just a short stroll from a wide range of amenities and the town’s award-winning beach.
In need of full renovation, the flat provides a blank canvas to create a stylish coastal retreat or rental property. The accommodation includes a living room, kitchen, two bedrooms, and a bathroom, offering flexible space ready for transformation.
To the rear there is a small courtyard and on-street parking is available nearby.
This property is available to purchase through the Modern Method of Auction, offering a transparent and accessible route to buy. We understand the property is freehold; however, interested parties are advised to verify this and all other information by referring to the legal pack prior to bidding.
With its unbeatable location and scope for improvement, early viewing is highly recommended.

AUCTION WORDING


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 winning bidder will pay £349.00 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.


Additional Information
Tenure: Freehold Council Tax Band: A
Rooms
AUCTION WORDING
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 winning bidder will pay £349.00 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.
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£183 per month
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Stamp Duty tax
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£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
  • Mortgage advice and application
  • Conveyancing fee
  • Homebuyer protection insurance

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