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303 Otley Road, Adel, Leeds LS16 6EY

Lot no: 27 Sold at Auction for £150,000
 

Guide Price £135,000+ 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 29th September 2022

10.00am
Key Features
  • Two bedroom apartment
  • Close proximity to amenities
  • Being sold with tenant in-situ
  • EPC Rating: D
  • Council Tax Band: C
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Sold at Auction for £150,000

Apartment

Property Description:

DRAFT DETAILS

A well presented two bedroomed apartment situated in Adel, North Leeds. This property is being sold with a tenant in situ currently producing £930 pcm.

This naturally lit two bedroomed flat situated in Adel, North Leeds, has landed on the market, being sold with tenants already in place. This property has been well-maintained and has an excellent tenant already renting. This property comes complete with a parking space and a separate garage, useful for both parking and storage.

The property is briefly made up of a landing, a kitchen, a large living/dining room, a main bathroom, two double bedrooms, the master with an en-suite and the second with a walk-in wardrobe. There is also a balcony to the front of the property, with some additional storage inside.

The area of Adel is a popular one for many reasons. Just a short trip away are plenty of boutique cafes and bars, with Headingley high street situated within approximately 1.7 miles. Furthermore for the avid walkers and runners, Golden Acre Park is located just approximately 2.1 miles away. There is also an Asda superstore just 1.9 miles away, a Co-op approximately 0.9 miles away and other local restaurants in the surrounding area.

Note

Please be advised that the auctioneers have not personally inspected the property and therefore can't currently provide room measurements. 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. 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 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.