December 2021: Wednesday 15 December 2021 - 9:00am
Your Bid
Guide price TBA
Hammer price

Withdrawn

Withdrawn Prior

Sold

Sold Prior

Sold Post

Place a proxy bid on Lot #{{ lot.total_lot_number }}

Guide Price:

TBA
Bid now

Floorplan
    • View Virtual Tour

      Play

    Remove from wishlist

    Add to wishlist

    Key features

    • A substantial detached freehold building comprising thirty-four self-contained flats sold on leases
    • Age restricted, the occupier must be 55 years plus or a qualifying person but not the owner
    • Thirty-one flats with approximately 68 years unexpired lease terms
    • Residents lounge, kitchen, laundry room, house managers office and guest bedroom
    • Ground rent investment let at £3,230 per annum

    Description

    A substantial detached freehold building comprising as thirty-four self-contained flats

    Age restricted, the occupier must be 55 years plus or a qualifying person by written consent of the Council. The age restriction does not impact the ability to purchase, purely the occupation

    The block benefits from 11 car parking spaces used on a first come first served basis and two visitor spaces for the wider Taylors Field development

    Thirty-one flats with approximately 68 years unexpired lease terms. Flats 17, 20 and 21 have extended their leases in until 31st August 2180 for a premium of £7,500 each

    Residents lounge, kitchen, laundry room, house managers office and guest bedroom. The guest bedroom has historically has been let and set against the service charges

    Ground rent investment let at £3,230 per annum. Next rent review due in 2035 and thereafter, every 21 years

    Additional information

    Tenure

    Freehold

    Accommodation

    A substantial detached freehold building comprising as thirty-four self-contained flats

    Tenancy

    Flats 1-34 (excluding flats 17, 20 and 21) - Sold on a lease for a term of 99 years from 1st September 1991 at a ground rent of £95 each per annum

    Flats 17, 20 and 21 - Sold on lease beginning on and including 1st September 1991 and ending on and including 31st August 2180 at a ground rent of £95 per annum

    Next rent review due in 2035 and thereafter, every 21 years

    Rent

    Total rent reserved £3,230 per annum

    Notes

    The lessees have NOT elected to take up their rights of pre-emption under the terms of the Landlord and Tenant Act 1987

      • View Virtual Tour

        Play

      Arrange a viewing

      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

      Please select a time from the options below

      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Driffield is a market town in the East Riding of Yorkshire

      Located on Taylors Field, accessed off Kings Mill Road and backing onto Driffield Town Cricket & Recreational Club

      Amenities are available locally along Middle Street

      Recreational amenities are available nearby at Driffield Town Cricket & Recreational Club and Northend Park

      Transport

      National Rail - Driffield

      Legal documents

      Login to view legal documents

      EPC rating

      The EPC rating for this property is D

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums