Block of Apartments
A freehold, high yielding, semi-detached building in Huddersfield town centre. The property is arranged as 12 self-contained studios and has accommodation spread over four floors. With 11 of the 12 studios currently let, the building is still generating an income of circa £64,000 per annum. This equates to a gross return of more than 19%, when based on the guide price.
The property is located in Huddersfield town centre, on the north side of Bath Street and to the west of its junction with St John's Road. Castlegate (A62), which forms part of the Huddersfield Ring Road, is accessible to the north. An extensive range of shops and other facilities is available in Huddersfield town centre. Rail services run from Huddersfield Station approximately 0.3 miles to the south. The open spaces of Greenhead Park and the University of Huddersfield are nearby.
Freehold. Subject to tenancy.
Auction Details
The sale of this property will take place on the stated date by way of Live streamed auction and is being sold under the Unconditional sale type.
Binding contracts will be exchanged at the point of sale.
All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of 1.8% of the purchase price (subject to a minimum of £2,400 inc. VAT)
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 our auction processes, please refer to the Bidder Terms which can be viewed on our home page.
This explains the types of auction and sale methods we offer, the bidding registration process, your payment obligations, and how to view the Legal Pack (and any applicable home report for residential Scottish properties).
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.
