This property is no longer on the market
4 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- For sale by auction on the 27th March 2024
- Guide price £350,000+
- Lower ground floor and ground floor two bedroom apartments
- Currently generating £19,440 per annum
- Great addition to rental portfolio
- EPC: Flat 1 - D, Flat 2 - C
The freehold includes the lower ground floor and ground floor tenanted two-bedroom apartments. Each apartment has its own private entrance, the property also has off street parking to the rear. The apartments in total are generating a gross rental income of £19,440 per annum. Ideal for someone looking to add to their rental portfolio.
Apartments 3 & 4 were previously sold off on 125-year leases from 1st January 2006. We understand that a ground rent of £264 per annum is payable per annum by the leaseholders. The lease also allows the freeholder to recover the cost of repairs via a service charge. Please refer to the legal pack for more information in this regard.
Valley Drive is a highly desirable residential area close to Harrogate's town centre which boasts many attractions such as boutique shopping, Betty's famed Tea Rooms and the 200 acre Stray parkland. Transport links are easily accessible with the train line running to the main stations at York and Leeds, the A1M linking into the national motorway network only eight miles away, and Leeds Bradford International Airport a mere thirty minutes’ drive.
Please note: a 10 working day completion applies to this lot.
Rooms
ACCOMMODATION
Lower Ground Floor Flat 1
Lounge, kitchen, two bedrooms and bathroom.
Ground Floor Flat 2
Lounge, kitchen, two bedrooms and bathroom.
Additional Information
Council Tax
Flat 1 Band B
Flat 2 Band B
Tenure
Freehold
Charges and Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Disbursements
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's solicitor. For more details, please see the legal pack.
Guide Price
Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Places of interest
Auction House - West Yorkshire
Caledonia House, Lawnswood Business Park, Redvers Close Leeds LS16 6QY
See more properties like this:
*DISCLAIMER
Property reference AUC230401. 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 Auction House - West Yorkshire.
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.