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5 Gambles Hill, Pudsey, West Yorkshire LS28 5SW

Lot no: 54 Withdrawn
 

Guide Price £49,000 plus fees

Unconditional with Fixed FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay a 10% deposit (subject to a minimum of £5,000), along with a non-refundable Buyer’s Fee. The Buyer’s Fee is £1500, and completion must take place within 30 days, unless the Special Conditions of Sale state otherwise.

Wednesday 26th July 2017

11.30am
Key Features
  • INVESTMENT OPPORTUNITY
  • Top floor self-contained flat
  • One bedroomed accommodation
  • Let on AST at £425 pcm (£5,100 p.a.)
  • EPC Rating: D
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Flat

Property Description:

The property lies within Farsley which is located north of Pudsey and to the east of Bradford. there is a good range of shopping and recreational facilities available locally in Farsley with more comprehensive services at Bradford to the west. Public transport links are provided by local bus routes with a rail connection at New Pudsey to the south. Recreational pursuits are available in the area including Woodhall Hills Golf Club to the west.

Accommodation

Reception room, kitchen, one bedroom, bathroom/ W.C

Tenancy

The property is let on an Assured Shorthold Tenancy with the tenant currently holding over at a rent of £425 per calendar month (£5,100pa)

Lease Agrrement

Property to be sold a new lease for the term of 125 years.

Tenure:

Leasehold. Subject to tenancy.


Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.

Auction Deposit and Fees:

The following deposits and non- refundable auctioneer’s fee apply:

• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT

The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).

Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.