Standout Features
- Modern Method Of Auction
- Starting Bid: £30,000
- One Bedroom Apartment
- INVESTMENT OPPORTUNITY
- Vacant Possession
- Third Floor
- City Centre Location
Property Description
An exceptional opportunity to purchase this investment opportunity. The development is located off Shipley Airedale Road in the Little Germany district of the City Centre.
A well-proportioned, one bedroom apartment to the third floor in this sought after converted mill property.
The property is well equipped and has many original features with views over the outlying eastern districts of the city. Briefly comprising: Entrance hall, good sized lounge/kitchen/diner. Ample sized bedroom leading to an open tiled area with bath, shower mixer and wash basin. This leads to a further room with w.c. and pedestal wash basin.
Viewing by appointment only.
Additional Information
Lease Years Remaining:
122
Ground Rent:
£125 per year
Service Charge:
£1,380 per year
Rooms
Entrance Hall
With laminate flooring, programmable wall heater and inset spot lighting.
Kitchen/Lounge
Three double glazed windows offering views over the eastern suburbs of Bradford, laminate flooring, electric heater. The current owner has opted for free-standing kitchen worktops, with plumbing for a dishwasher.
6.07m x 5.77m
Bedroom
Rectangular shape with double glazed window, electric heater and access to the bathroom.
4.01m x 2.34m
Bathroom
The bedroom leads to an open bathing area comprising of tiled flooring, white bath with glass shower screen and chrome bath/shower rail along with a small pedestal wash basin, low level w.c. with a further wash basin located adjacent to the bathing area.
LEASEHOLD INFORMATION
We are informed by our client that the property is of leasehold tenure.
The term is 125 years from 1st October 2003.
Service Charge is payable half yearly at £690.00 x 2
= £1380.00 annually.
The Ground Rent is £125 per annum.
AUCTION INFORMATION
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
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Monthly Repayments:
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Upper Park Gate,
Bradford,
West Yorkshire,
BD1
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