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Apartment 2, Westgate Lofts, 78 Old Westgate, Dewsbury, WF13 1NF

Lot no: 89 Sold at Auction for £30,000
 

Guide Price £27,500+ 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.

Thursday 27th May 2021

10.00am
Key Features
  • One bedroomed apartment
  • Requires refurbishment
  • Potential rental income: £400 - £425 pcm
  • EPC Rating: D
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Sold at Auction for £30,000

Apartment

Property Description:

Modern one bedroomed ground floor duplex apartment within Westgate Lofts, Dewsbury, that is sure to appeal to the buy to let investor. The building was converted in 2007/2008 and this apartment briefly consists of open plan living room with kitchen, double bedroom and shower.

Please note the buyers fee for this lot is £1,200 inc VAT

Bedroom

21ft 7 x 9ft

Lounge

14ft 6 x 9ft 10

Kitchen

8ft 5 x 9ft 11

Lease Information:

Ground rent is currently at £400 per annum
The lease is for a term of 99 years from 2007 leaving approximately 85 years left on the lease.

Occupancy:

Vacant.

Tenure:

Leasehold.


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.