Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £100,000.

HOP is delighted to bring to the market this exciting opportunity in fantastic Armley spot. The double fronted, back-to-back end terrace, boasts spacious rooms and excellent potential as a BTL or for further development as a HMO (subject to C4 planning).

*Cash buyers only due to structural movement evident at the property*

In brief, the spacious property offers, a large kitchen diner with ample wall and floor units, as well as space for a central dining table. From the kitchen there is access to a basement where further potential is possible. The large light living room includes a bay window and feature fire place.

On the first floor you will find two generously sides double bedrooms, both flooded with natural light. The house bathroom includes a shower, wash basin and WC. The second floor offers a third double bedroom and a large bathroom with corner bath. Further development on this floor to turn the bathroom into a fourth bedroom, would be beneficial.

Externally the property includes a secure front yard and ample on street parking.

Once upgraded, we expect the property could achieve over £950 pcm as a BTL. If developed as a HMO, with some ensuite rooms, the per room rental amount could be between £550 pcm and £650 pcm. The basement could lend itself to form an additional bedroom to create a 5 bed HMO. Please speak to a member of our Investment team for further details.

Viewings are recommended to appreciate the potential and space on offer.

Location: Situated in a high demand rental location, this end terrace is well positioned opposite the large and popular Armley Park and within walking distance from Armley town street with a wide range of amenities. Leeds City Centre can easily be reached by foot, car or bus whilst motorways are also within close proximity, including the M621 providing links with the M1 and M62.

Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £100,000
This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted. Ultimately a transparent process which provides speed, security and certainty for all parties.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the HOP on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the HOP and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.