Map1 bedroom apartment for sale
Stanningley Road, West Yorkshire LS12
Auction
Apartment
1 bed
1 bath
452 sq ft / 42 sq m
EPC rating: E
Key information
Tenure: Leasehold
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Tenure: Leasehold
- One Bed Ground Floor Flat
- Modern Method of Auction
- Starting Bid £50,000
- Suit FTB or BTL Landlord
- Close to Amenities & Transport
- Auction Terms Apply
* ONE BED GROUND FLOOR FLAT * INVESTMENT OPPORTUNITY FOR SALE VIA MODERN METHOD OF AUCTION * STARTING BID £50,000 PLUS FEES * SITTING TENANT PAYING £650PCM * CLOSE TO AMENITIES AND TRANSPORT LINKS *
Property Details
Investment opportunity with sitting tenant paying £650PCM. For Sale via the Modern Method of Auction. Starting bid - £50,000 plus fees. Subject to an undisclosed reserve price. This pleasant ground floor flat comprises; Large entrance hall, shower room, spacious lounge, kitchen area and large double bedroom. An enclosed yard area to the rear provides some outside space. Located with good access to local amenities, transport links and close to both Gotts Park and Armley Park. Ideally suit a first time buyer or investor.
Additional Information
This flat is one of four in the block however this flat does not have any communal areas. All four flats are registered as Leasehold on the Land Registry however the vendor has advised that the leaseholders also own the Freehold. Any purchaser is politely asked to make their own enquires relating to this and ensure they have gain legal advice.
Photos
Please note that the photos we have used for marketing were taken before the property was occupied. The property is now tenanted and as a result the condition of the accommodation is more lived in than these photos suggest.
Agents Note
To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.
Auction Terms
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. 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. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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 £300.00 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.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
MOR240629/2
Property Details
Investment opportunity with sitting tenant paying £650PCM. For Sale via the Modern Method of Auction. Starting bid - £50,000 plus fees. Subject to an undisclosed reserve price. This pleasant ground floor flat comprises; Large entrance hall, shower room, spacious lounge, kitchen area and large double bedroom. An enclosed yard area to the rear provides some outside space. Located with good access to local amenities, transport links and close to both Gotts Park and Armley Park. Ideally suit a first time buyer or investor.
Additional Information
This flat is one of four in the block however this flat does not have any communal areas. All four flats are registered as Leasehold on the Land Registry however the vendor has advised that the leaseholders also own the Freehold. Any purchaser is politely asked to make their own enquires relating to this and ensure they have gain legal advice.
Photos
Please note that the photos we have used for marketing were taken before the property was occupied. The property is now tenanted and as a result the condition of the accommodation is more lived in than these photos suggest.
Agents Note
To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.
Auction Terms
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. 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. The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 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 £300.00 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.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
MOR240629/2
Property information from this agent
About this agent
Reeds Rains has over 100 branches across the UK. Established in 1868 Reeds Rains has over 150 years of sales and lettings expertise. The network of local high street branches pride themselves on their professionalism and their no nonsense approach to selling and letting property. Using the best traditional and online methods Reeds Rains focusses on getting the job done.