2 bedroom flat

*CASH BUY ONLY* For sale via a modern method of auction. Starting bid of £180,000, plus a reservation fee.
CURRENTLY RENTED until July 2024 @ £1,150pcm.
EPC Rating C.

For sale via a modern method of auction, with a starting bid of £180,000 (true value £225,000) - plus Reservation Fee.

Linley and Simpson offers for sale, this 10th floor, 2 bedroom, 2 bathroom apartment – complete with parking and two city facing balconies.

Well-presented throughout, the property offers spacious, light and bright accommodation, covering 847sqft.

Off the entrance hall is the family bathroom, a large storage/cylinder cupboard and two great size bedrooms - the principle having its own balcony and en-suite shower room.

The Vendor informs us that the following charges apply:-
Ground Rent - £250pa (doubles every 25 years, next review 2031 / Service Charge - £3,609pa / Lease - 150 years from the 31st March 2006 / Council Tax - Band D

CURRENTLY RENTED until the 31st July @ £1,150pcm.

EWS1 - B2 Rated:-

RENDER PROJECT:-
The Building Safety Fund has approved the benchmarking and the project in its entirety.

ZINC PROJECT:-
We are in the process of completing a full application to the newly opened fund for the Zinc project, and the project team is creating a new report to submit to the fund in the near future.

THE DEVELOPMENT:- The Gateway is a large mixed use development split over four different cores. Facilities on-site include a resident’s gym, budget hotel and sports bar - as well as an on-site Management suite, providing 24 hour security.
This property is well positioned for easy access into and out of the city centre, as well as the popular residential areas of 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.