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£45,000Guide price

2 bedroom apartment for sale


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Email agent
2 bedroom
1 bathroom

Property features

  • Tenure: Leasehold
  • Two double bedooms
  • First floor level
  • Cash buyers only
  • Being sold via a modern auction method
  • Buyer reservation fee apply
  • Subject to reserve price
  • Buy To Let
  • Currently rented on a rolling basis at £425pcm
  • Possible return of £475pcm - £495pcm, after some upgrades
  • EPC rating D

Property description

*BEING SOLD VIA A MODERN AUCTION / CASH BUYERS ONLY, due to a short Lease of 65 years*

CURRENTLY RENTED on a rolling basis at £425pcm, with a possible return of £475pcm - £495pcm, following some upgrades.

TWO BEDROOM, FIRST FLOOR APARTMENT - located close to the centre of Wakefield, within easy access to all Wakefield's amenities. Ideal for those requiring a home within the City Centre. Close to Wakefield bus station and both Kirkgate and Wakefield Westgate train stations - ideal for commuters. It briefly comprises; Communal entrance, first floor entrance hall, lounge diner, kitchen, double bedroom, single bedroom and house bathroom with shower over bath and storage cupboard. Electric storage heaters.

Upvc double glazed window, electric storage heater, access into the kitchen.

Upvc double glazed window, storage space, base and wall units, partly tiled walls, washing machine, fridge freezer, electric oven and hob, ceiling spotlight, laminate flooring.

Upvc obscured glazed window, Loft access. White bathroom suite comprising of pedestal bath with twin taps, shower over and shower screen, splashback tiling, wash basin with twin taps and pedestal, low level flush w.c., extractor fan, lino flooring.

Upvc double glazed window, wall heater.

Upvc double glazed window, wall heater.

AGENTS NOTE: We are advised the property is leasehold with an annual ground rent charge of £25 and a service charge of £133.50 per quarter. There are 65 years remaining on the lease. We have not seen documents to confirm these details and advise a buyer to verify the information via their solicitor.

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 (subject to lending criteria, affordability and survey).

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 £300 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 Arrangements. The 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.

Property information from this agent

  • Brochure
    1. Linley

      Linley & Simpson - Leeds City Centre

      1 Dock Street, Leeds City Leeds, West Yorkshire LS10 1NB

      Since we first opened our doors in 1997, we have helped more than 50,000 people move home across North and West Yorkshire. In fact, in the short time it takes you to read this sentence, it's likely that one of our team will be supporting someone, somewhere in Yorkshire, to make that move - as smoothly and quickly as possible. Our team of over 250 staff, and the family of 21 branches, share the same mission: Whether you're letting, buying, or selling your home, we will provide a first class service built on professionalism and trust, to ultimately make moving easy. We give you this assurance by drawing upon this unparalleled expertise and the pool of talent that exists among our team. This ensures we can provide you, whatever your needs, with the very best customer experience in the property world. And by embracing innovative technology; ensuring we are at the forefront of new ideas and thinking; and investing in the skills of our people, we strive to always be the best at what we do.

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      Property reference 2202216. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Linley & Simpson - Leeds City Centre. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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