House For Sale £80,000
For sale by modern auction! Available for sale is this vacant one bedroom property, ripe for investment at a fantastic starting bid of £80,000. If you arent sure about the selling method, call us for more info!
Living Room
The large living room is the main room on the ground floor and is a decent sized reception room with a large front facing window looking over the garden. There are high ceilings, a feature chimney-breast, wooden flooring and a uPVC door.
Kitchen
The kitchen is modern and tasteful like the whole house. There is an electric oven and gas hob, as well as plumbing for a washing machine. There are wall and base units, a tiled backsplash, combi boiler and much more. There is also a door leading to the cellar at the rear of the kitchen.
Main Bedroom
The main bedroom is almost identical to the living room in size but on the first floor.
House Bathroom
The house bathroom is a three-piece white suite, which has a full-sized bath, toilet and hand basin within. There are high quality tiles and another large (fogged) window.
Second Floor
The second floor is currently unconverted but the loft space is very large storage space.
Location
Armley is a residential district in Leeds which was historically built for millworkers due to Leeds’ historic involvement in textiles. Located in South Leeds, Armley is less than a mile from Leeds city centre which makes commuting to the city centre which has the largest train station in the North of England very convenient. Armley also has fantastic road links and easy access to the motorways and bus links too for commuting. There are communal green spaces to be found throughout and there is easy access to shopping centres and smaller local shops along the high street too. There are good primary and secondary schools close by and there are remnants of Armley’s historic past in the form of many stone mills from the industrial revolution and monuments like St Bartholomew’s Church too.
Agents Notes
We are advised that this property is freehold. The council tax is a band A. The EPC is currently a band E but with the potential to be converted into a band B. The approximate rental value for the house as a one bedroom (as it stands) would be approximately £595pcm with very minor/ no works. With full modernisation, we would advise approx £625pcm.
Auction Terms
Auctioneer Comments 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 (for standard Grade 1 properties). 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 £6,000.00 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 £300 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.<br /><br />
Living Room
The large living room is the main room on the ground floor and is a decent sized reception room with a large front facing window looking over the garden. There are high ceilings, a feature chimney-breast, wooden flooring and a uPVC door.
Kitchen
The kitchen is modern and tasteful like the whole house. There is an electric oven and gas hob, as well as plumbing for a washing machine. There are wall and base units, a tiled backsplash, combi boiler and much more. There is also a door leading to the cellar at the rear of the kitchen.
Main Bedroom
The main bedroom is almost identical to the living room in size but on the first floor.
House Bathroom
The house bathroom is a three-piece white suite, which has a full-sized bath, toilet and hand basin within. There are high quality tiles and another large (fogged) window.
Second Floor
The second floor is currently unconverted but the loft space is very large storage space.
Location
Armley is a residential district in Leeds which was historically built for millworkers due to Leeds’ historic involvement in textiles. Located in South Leeds, Armley is less than a mile from Leeds city centre which makes commuting to the city centre which has the largest train station in the North of England very convenient. Armley also has fantastic road links and easy access to the motorways and bus links too for commuting. There are communal green spaces to be found throughout and there is easy access to shopping centres and smaller local shops along the high street too. There are good primary and secondary schools close by and there are remnants of Armley’s historic past in the form of many stone mills from the industrial revolution and monuments like St Bartholomew’s Church too.
Agents Notes
We are advised that this property is freehold. The council tax is a band A. The EPC is currently a band E but with the potential to be converted into a band B. The approximate rental value for the house as a one bedroom (as it stands) would be approximately £595pcm with very minor/ no works. With full modernisation, we would advise approx £625pcm.
Auction Terms
Auctioneer Comments 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 (for standard Grade 1 properties). 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 £6,000.00 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 £300 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.<br /><br />
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