No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

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14 bedroom block of apartments

Auction
Sold STC
Save
Block of apartments
14 bed
8 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Investment Opportunity
  • Yield 8.4%
  • Current Rental £64,800 Per Annual
  • Tenants Signed Lease Until 2031
  • Large Period Property
  • Split Into 8 Apartments (6 x 2 bed and 2 x 1 bed)
  • 14 Bedrooms, 8 Kitchens, 8 Bathrooms
  • For Sale by Auction - T & C's apply
  • Subject to an undisclosed Reserve Price
  • Reservation Fee applicable
*INVESTMENT OPPORTUNITY*YIELD 8.4%*Auction Starting Bid Price £775,000 plus reservation fee. Yellow Brick Road Estate Agents off this stunning period detached property which has been split into 8 apartments (6 x 2 beds and 2 x 1 beds). Each apartment has their own kitchen, shower room and boiler. This property is only for investor as their is a company let agreed until 2031 paying £64,800 per year. The property will be sold furnished. This property is for sale by the Yorkshire Property Auctions powered by iam-sold Ltd. #followtheyellowbrickroad #there'snoplacelikehome

GROUND FLOOR

COMMUNAL ENTRANCE
Entering through a wooden door, communal staircases to upper and lower floors.

FLAT 3 - ONE BEDROOM
Entrance hallway, open plan living kitchen, one bedroom, shower room. Double glazing and electric central heating and boiler.

FLAT 4 - TWO BEDROOMS
Entrance hallway, open plan living kitchen, two bedrooms, shower room. Double glazing and electric central heating and boiler.

BASEMENT
Leading from the hallway

FLAT 1 - ONE BEDROOM
Entrance hallway, open plan living kitchen, one bedroom, shower room. Double glazing and electric central heating and boiler.

FLAT 2 - TWO BEDROOMS
Entrance hallway, open plan living kitchen, two bedrooms, shower room. Double glazing and electric central heating and boiler.

FIRST & SECOND FLOOR

FLAT 5 - TWO BEDROOMS
Split over two floors, Entrance hallway, open plan living kitchen, two bedrooms, bathroom. Double glazing and electric central heating and boiler.

FLAT 6 - TWO BEDROOMS
Split over two floors, Entrance hallway, open plan living kitchen, two bedrooms, bathroom. Double glazing and electric central heating and boiler.

FLAT 7 - TWO BEDROOMS
Split over two floors, Entrance hallway, open plan living kitchen, two bedrooms, bathroom. Double glazing and electric central heating and boiler.

FLAT 8 - TWO BEDROOMS
Split over two floors, Entrance hallway, open plan living kitchen, two bedrooms, bathroom. Double glazing and electric central heating and boiler.

EXTERNALLY
To the front their is ample parking, whilst to the rear their is a enclosed private garden, mostly lawned and patio area.

PROPERTY NOTES
The property is rented, on the following terms:Company letLease End Date 2031Annual Rent £64,800Month Rental £5,400Rent Paid MonthlyTenants look after general repairs Landlord looks after major repairs building insurance and gardeningTenant Pays Electric, Water, Wifi. (no Gas)Electric Certificates Carried Out January 2021Landlord Pays Building Insurance at £1850 per year along with gardening every three weeks at £25 and window cleaning every three months at £40

AUCTION NOTES
"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. 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 £220.00 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 ArrangementsThe 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"

FREE VALUATIONS
If you are thinking of moving, then take advantage of our FREE valuation service. Whether your downsizing, moving home or have inherited a property Yellow Brick Road Estate Agents can help. Call our team today on:Huddersfield & Brighouse -[use Contact Agent Button]Dewsbury & Heckmondwike -[use Contact Agent Button]Halifax -[use Contact Agent Button]Leeds -[use Contact Agent Button]Cleckheaton & Bradford -[use Contact Agent Button]Manchester -[use Contact Agent Button]OR Email - [use Contact Agent Button]

VIEWINGS
For an appointment to view, please call our team today on:Huddersfield & Brighouse -[use Contact Agent Button]Dewsbury & Heckmondwike -[use Contact Agent Button]Halifax -[use Contact Agent Button]Leeds -[use Contact Agent Button]Cleckheaton & Bradford -[use Contact Agent Button]Manchester -[use Contact Agent Button]OR Email - [use Contact Agent Button]

MORTGAGE REFERRAL
Independent Mortgage Advisors to help fund your dream move or buy to let purchase. They provide tailored mortgage solutions through a wealth of experience in the mortgage and property market and offer access to the full unrestricted range of products available. Call our team today on:Huddersfield & Brighouse -[use Contact Agent Button]Dewsbury & Heckmondwike -[use Contact Agent Button]Halifax -[use Contact Agent Button]Leeds -[use Contact Agent Button]Cleckheaton & Bradford -[use Contact Agent Button]Manchester -[use Contact Agent Button]OR Email - [use Contact Agent Button]

SOLICITOR REFERRAL
Available through Yellow Brick Road Estate Agents in conjunction with leading local firms of Independent solicitors to help you purchase any Residential or Commercial property. No sale no fee guarantee (except for the cost of searches on a purchase). Call our team today on:Huddersfield & Brighouse -[use Contact Agent Button]Dewsbury & Heckmondwike -[use Contact Agent Button]Halifax -[use Contact Agent Button]Leeds -[use Contact Agent Button]Cleckheaton & Bradford -[use Contact Agent Button]Manchester -[use Contact Agent Button]OR Email - [use Contact Agent Button]

COPYRIGHT
Unauthorised reproduction prohibited.

BOUNDARY OWNERSHIP
The boundaries and ownership have not been checked on the title deeds for any discrepancies or right of way. All prospective purchases should make their own enquires before proceeding to exchange of contracts.

IMPORTANT INFORMATION
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. 3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture. 4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. 5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER JMP PROPERTY MANAGEMENT LTD OR ANY OF ITS EMPLOYEES HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY. 6. #there'snoplacelikehome #followtheyellowbrickroad

Places of interest

    Your local independent and family run estate agents, with over 35 years combined experience within the Industry. We are Proud Members of Property Mark ARLA, and NAEA, We specialise in property sourcing, selling, auctions, letting, and property management. We go the extra mile to find the right properties at the right prices for our clients, using our extensive network of industry contacts. We pride ourselves on being straight talking and forward thinking when it comes to business. We work with clients across the UK, searching for below market value property deals that are excellent investments and are a good fit for their existing portfolios. We are passionate about our local area and strive to offer the best advice from our many years of experience and a dedicated team. We also offer other services such as financial advice, conveyancing and auction services. We have it covered.

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    Property reference 9574246. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Yellow Brick Road Estate Agents - Huddersfield.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.