1 bed Flat For Sale £150,000
Wellington Street, Leeds LS1
previous price £160,000

**cash buyers only**

Located on the 13th floor of the sought after development of Westpoint, is this spacious and totally bespoke, 1 bedroom, penthouse apartment.

The spacious open plan living area, offers a recessed gloss white kitchen, with all mod cons, including an electric oven, halogen hob, fridge and mini dishwasher.

Covering over 550 sqft, the lounge/diner has extensive floor to ceiling windows, which give access to a wraparound balcony offering south/west facing city views.

Off the entrance hall, is a double bedroom, with built in storage and access to a contemporary house bathroom, which doubles up as the house bathroom.

One allocated basement parking space is included.

The Vendor informs us that the following costs apply:
Ground Rent GBP365.00pa / Service Charge approximately GBP2,500pa
Lease Term 999 years from 2005

currently rented until the 2nd November 2021, at GBP995pcm.

EPC Rating D.

The development:
Westpoint is a popular development, due to its accessibility to the station, city centre and motorways. This striking, former Post Office building, was converted in 2005, by renowned developer kw Linfoot, into 353 apartments where most have large balconies and for the lucky few allocated basement parking.
Located on Wellington Street, with an on site Concierge, you are moments away from the bars and restaurants this area has to offer including Toast, Lazy Lounge and Whitehall Restaurant which are literally on your doorstep.

**cash buyers only**

Please note that this property cannot be mortgaged currently, as it doesn't have an EWS1 certificate available.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.

This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of GBP6,000.00 including VAT.

The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding.

A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of GBP300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements. The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.

Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.