CHUBB HILL COURT CHUBB HILL, WHITBY -...
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8 Victoria Square, Whitby, North Yorkshire. YO21 1EA Tel: (01947) 602298 Fax: (01947) 820594
[email protected] www.richardsonandsmith.co.uk
CHUBB HILL COURT CHUBB HILL, WHITBY
THIS BUILDING IS A VERY SUBSTANTIAL BRICK STRUCTURE OVERLOOKING PANNET PARK, BUILT IN 1892, WHICH WAS CONVERTED IN THE 1970S INTO 7
SELF CONTAINED FLATS. THE FLATS NEED SOME UPGRADING, BUT ARE TENANTED AND PRODUCE A SUBSTANTIAL INCOME. GREAT SCOPE FOR
INVESTORS AND DEVELOPERS.
The apartments comprise:3no. 1 bedroom flats (1 of which is understood to have a protected tenant) 3no. 2 bedroom flats (1 of which is understood to have a protected tenant)
1no. 3 bedroom flat
PARTICULARS OF SALEThis building is a very substantial brick structure, built in 1892, which was converted in the early 1970s into 7 self contained flats. Situated facing onto Whitby’s Pannet Park, the property is conveniently placed for access to the town centre. The apartments comprise:
3no. 1 bedroom flats (1 of which is understood to have a protected tenant) 3no. 2 bedroom flats (1 of which is understood to have a protected tenant) 1no. 3 bedroom flat
Whilst it is clear that when set-up in the 1970s the properties would have been fully up to date as rental apartments, sadly many improvements are now needed to make the best of what there is and meet Council housing standards. Only the top floor flats have double glazing, only one or two of the flats have heating, some of the bathrooms and kitchens are very dated and the electrical circuitry is of all different ages. The flats are however very spacious and most are generally well presented. The current rent roll is in the region of £25,000 per year, which is very conservative. GENERAL REMARKS AND STIPULATIONS
Viewing: Strictly by appointment with Richardson and Smith (01947) 602298. Tenure: 5 of the seven apartments are understood to be tenanted on Assured Shorthold Tenancy terms. The remaining 2 properties are occupied under protected tenancies. The property is to be sold subject to the existing tenancies. Gross Rental Income: The current rent roll is in the region of £25,000 per year, which is very conservative and many of the apartments are overdue review. Further details are available on request. Refurbishment: This property is currently the subject of a Housing Act Improvement Notice, issued by Scarborough Borough Council, requiring the owner to improve the fire safety, electrical wiring and heating. Further details are available on request. Services: The property is connected to mains water, gas, electricity and drainage. Postal Address: Chubb Hill Court, Chubb Hill, Whitby, North Yorks. YO21 1JU
Council Tax Bandings: each apartment is graded Band A for Council Tax (£938 payable for 2008-09 online enquiryonly) Energy Performance Certificates: EPC reports are available for each flat on request.
Directions: From our offices, head up Bagdale and turn right onto Chubb Hill. You will find Chubb Hilll Court on the left hand side opposite the park.
IMPORTANT NOTICERichardson and Smith for themselves and the vendors or lessors of this property whose agents they are give notice that:
a. These particulars have been prepared in good faith to give a fair overall view of the property, do not form any part of an offer or contract, and must not be relied upon as statements or representations of fact.
b. Purchasers must rely on their own enquiries by inspections or otherwise on all matters including planning or other consents.
c. The information in these particulars is given without responsibility on the part of Richardson and Smith or their clients. Neither Richardson and Smith nor any joint agents nor their employees have any authority to make or give any representations or warranties whatever in relation to this property.
d. Any areas, measurements or distances referred to are given as a guide only and are not precise. Photographs are not necessarily comprehensive nor current; no assumption should be made that any contents shown are included in the sale nor with regards to parts of the property which have not been photographed.
e. Nothing in these particulars should be deemed to be a statement that the property is in good structural condition or that any services or equipment are in good working order.
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