fbpx
My Favourites
Free sales valuation
To register for remote bidding in our next National Property Auction click here

2 Bond Street, Pontefract WF8 2JR

Lot no: 99 Sold After Auction for £75,000
 

Guide Price £69,000+ plus fees

Unconditional with Variable FeeOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts, pay a 5% deposit (subject to a minimum of £5,000) along with a non-refundable Buyer’s Fee of either 4.8% of the final sale price of the property up to and including £250,000, or 3.6% if the final sale price is over £250,000. The Buyer’s Fee is subject to a minimum of £6,000. Completion must take place usually within 30 days unless the Special Conditions of Sale state otherwise.

Thursday 28th July 2022

10.00am
Key Features
  • Freehold and vacant end terrace property
  • Previously rented as a four bedroom HMO
  • Downstairs en suite and upstairs bathroom
  • Potential income of £20,000 per annum(£100 per week per room)
  • EPC Rating: D
  • Council Tax Band: A
Add to favourites
Sold After Auction for £75,000

House share

Property Description:

DRAFT DETAILS

A freehold vacant end terrace property previously used as a four bedroom HMO.

Located in the centre of Pontefract is this HMO four bedroom end terrace property. The ground floor has a two bedrooms, one with an en suite and a spacious communal living kitchen. The first floor has two further bedrooms and a bathroom. Externally there is off road parking and a good size rear garden. We have been informed once the property is occupied it has the potential to generate a rental income in the region of £20,000 per annum(£100 per week room rate).

Ground floor:

Entrance Hall<br>Front Room(bedroom one)<br>Living room/dining room/kitchen<br>Back Room(bedroom two) with En Suite

First floor:

Bedroom three<br>Bedroom four<br>Bathroom

Outside:

Rear Garden<br>Off Road Parking

Please note:

Room sizes are currently not available. Prospective buyers are advised to make all necessary independent enquiries before placing their bid, as this will be binding.

Please note:

The auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure:

Freehold. Vacant possession upon completion.



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 Variable Fee (England and Wales).

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

All sales are subject to SDL Property Auctions’ Buyers Terms.


Auction Deposit and Fees

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

• 5% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

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.


Guide Price & Reserve Price

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.