For sale by Modern Method of Auction; Starting Bid Price £49,500 plus Reservation Fee
A modern 2 Bedroom apartment in the heart of the ever popular Thornton Village where shops and amenities cater for day to day needs. The property has undergone some light refurbishment works including new carpets and decor throughout, currently rented at £395 pcm so offers a ready made investment. Internally the property briefly comprises Entrance Hallway, Living Kitchen, 2 Bedrooms and Bathroom W/C, further benefits include UPVC Double Glazing, Electric Wall Heaters and Intercom Door Access. There is also Underground Parking available.
Potential 8% gross return.
This property is for sale by West Yorkshire Property Auction powered by iam-sold Ltd.
For information on Auction please call iam-sold 01274 649684
Intercom Entry System
Range of modern wall and base units, laminate worktops, single drainer 1 1/2 bowl sink with mixer tap, plumbed for washer, electric oven, 4 ring electric hob, extractor over, splash back tiling, ceiling spots
3 piece suite comprising low level w/c, hand wash pedestal, panelled bath with shower attachment
The property is located in the heart of Thornton Village opposite the Co-op
We have been verbally advised that the Service Charge is £884 pa and the Ground Rent £250 pa. It is advised that your own enquiries are made to confirm these figures.
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 buyers 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 £5000 + VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an acknowledgement 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 that 10% in excess of the starting bid. Both the starting bid and reserve price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the modern method of auction, which is operated by West Yorkshire Property Auction powered by iam-sold Ltd.