Studio Flat For Sale £80,000
*10% POSSIBLE GROSS RETURN* studio apartment *INVESTMENT OPPORTUNITY* 443 sqft *BALCONY*
For sale via a modern method of auction, with a starting bid of £80,000 - plus a reservation fee.
EPC Rating C.
Located on the 5th floor of this cute and small development, is this well-presented studio apartment.
Available furnished, the open plan living area offers a high specification kitchen, with all mod cons including, an electric oven, hob, fridge- freezer and microwave.
The living space has sliding doors which flood the room with light and open onto a south facing balcony - offering views towards the River Aire.
The spacious bathroom, also provides access to a storage/utility cupboard.
The Vendor informs us that the following charges apply:-
Ground Rent - £200pa (reviewed every 25 years, at fixed amounts and changing to £400pa in Dec 2056) / Service Charge - £1,107.96pa / Council Tax - Band C
Lease - 125 years from 1st February 2008.
Currently rented at £675 until the 28th April 2024.
EWS1 compliant.
THE DEVELOPMENT:-
Quay One, is a small but perfectly formed waterside development. Located on Neptune Street and occupying a south facing position - where most apartments have balconies, some have terraces and a few have allocated parking spaces. This popular development is ideally situated for easy access into and out of the city - as well as the bars and restaurants on offer at Leeds Dock, The Calls and Brewery Wharf.
NOTE:
This property is for sale by the Modern Method of Auction, which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete.
Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market.
The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price, which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change.
Terms and conditions apply to the Modern Method of Auction, which is operated by the West Yorkshire Auction powered by iam-sold Ltd.
For sale via a modern method of auction, with a starting bid of £80,000 - plus a reservation fee.
EPC Rating C.
Located on the 5th floor of this cute and small development, is this well-presented studio apartment.
Available furnished, the open plan living area offers a high specification kitchen, with all mod cons including, an electric oven, hob, fridge- freezer and microwave.
The living space has sliding doors which flood the room with light and open onto a south facing balcony - offering views towards the River Aire.
The spacious bathroom, also provides access to a storage/utility cupboard.
The Vendor informs us that the following charges apply:-
Ground Rent - £200pa (reviewed every 25 years, at fixed amounts and changing to £400pa in Dec 2056) / Service Charge - £1,107.96pa / Council Tax - Band C
Lease - 125 years from 1st February 2008.
Currently rented at £675 until the 28th April 2024.
EWS1 compliant.
THE DEVELOPMENT:-
Quay One, is a small but perfectly formed waterside development. Located on Neptune Street and occupying a south facing position - where most apartments have balconies, some have terraces and a few have allocated parking spaces. This popular development is ideally situated for easy access into and out of the city - as well as the bars and restaurants on offer at Leeds Dock, The Calls and Brewery Wharf.
NOTE:
This property is for sale by the Modern Method of Auction, which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer’s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete.
Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market.
The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price, which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change.
Terms and conditions apply to the Modern Method of Auction, which is operated by the West Yorkshire Auction powered by iam-sold Ltd.
