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

6 bedroom block of apartments

Auction
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Block of apartments
6 bed
0 bath

Key information

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

Property description & features

  • Tenure: Leasehold
  • Currently Achieving £26,400 with the Potential to achieve £33,060 per annum
  • 4 x 1 bed apartments , 1 x studio apartment , 1 x 2 bed apartment
  • Ideal Investment Property
Buy to let investment opportunity currently achieving £26,400

Guide Price: £270,000+

For sale by online auction on 13/12/2022 14:00, ending on 13/12/2022 20:00.

UK Property Group are please to bring to the auction this fantastic high yielding investment property in Heckmondwike.

PROPERTY PARTICULARS
This stone built property is over 3 floors with private car park and was converted into 6 Flats over 15 Years ago.

4x1 Bed Flats
1x studio flat
1x 2 bed flat

FLAT PARTICULARS

Flat 5b -
Size: 366 Sq.Ft. (34 Sq.M.)
Leasehold 983 years remaining
Council tax band A

Flat 5C
Size: 593 Sq.Ft. (55 Sq.M.)
Leasehold 983 Years Remaining
Council tax band A

Flat 5D
Size: 280 Sq.Ft. (26 Sq.M.)
Leasehold 983 Years Remaining
Council tax band A

Flat 5E
Size: 366 Sq.Ft. (34 Sq.M.)
Leasehold 983 Years Remaining
Council tax band A

Flat 5F
Size: 388 Sq.Ft. (36 Sq.M.)
Leasehold 983 Years Remaining
Council tax band A

Flat 5G
Size: 356 Sq.Ft. (33 Sq.M.)
Leasehold 983 Years Remaining
Council tax band A

INCOME
4x1 Bed £350pcm (£1400)
1x studio £350pcm
1x 2 bed £450pcm
Total Annual Income: £26,400

The flats are in need of a rent review to bring them in line with comparable properties in the area. There is a potential for the flats to achieve the following:
1 Bed Flats £450 PCM
2 Bed Flat £550 PCM
Studio Flat £400 PCM
Total Annual Income £33,060

TENURE
All Flats are Leasehold

Terms of Sale
Property is for sale by the modern method of auction. This is an unconditional sale. The Purchaser shall pay a 5% deposit (subject to a minimum of £5,000) upon the fall of the hammer. In addition, a 3% Buyers Premium, Subject to a minimum £6000 and contracts are exchanged. The purchaser is legally bound to buy, and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers
Some vendors will accept offers prior to auction, however these must be above the guide price to be considered. If any such offer is accepted the property will still be sold under auction terms and conditions.

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 Uk Property and we will be pleased to check the position for you.
The Agent has not tested the utilities, appliances, or inspected the roof space. The floor plans and dimensions are for guidance only.

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.

Anti-Money Laundering Regulations:
In line with anti-money Laundering regulations Intending purchasers will be asked to produce identification documentation and maybe proof of funds when submitting an offer to purchase the property.

Particulars
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. Neither Uk Property Group or any of its employees or agents has any authority to make or give any representation or warranty in relation to this property.

Places of interest

    UK Property Auctions are specialised national property auctioneers in UK, who handle sales throughout the year on a broad selection of residential homes and commercial property, land, Mobile homes, Boats and investments. We are different from national auction houses and small family- run businesses in that we are an independent, with our main focus as local, regional and National experts, covering the whole of UK. Clients’ range from private individuals, investors, trustees, solicitors, housing associations, local authorities and charities to other highly regarded corporate organisations. We also often act in conjunction with residential and commercial estate and letting agents as ‘joint auctioneers’. UK Property Auctions offer decades of property, sales and marketing experience. We provide a comprehensive and transparent service to maximise property values within the competitive bidding environment of an auction room, by drawing upon buyers from across the UK and abroad. We provide other services in conjunction to Auctions, Sales, Lettings, Conveyancing, Free Legal Packs, Wills, Trusts & Probate, Finance and SDLT Rebates.

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    Property reference 189396. 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 UK Property Auctions - Melton Mowbray.

    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

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    *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.