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A fantastic opportunity for a landlord to purchase this fully let investment, comprising 3 individual apartments located in an established residential area, close to Huddersfield Town Centre. The combined income is £21,000pa, producing an attractive gross yield of 14% when based on the initial guide price. Flat 3 Bathrook House, 5 Bath Street HD1 5BQ - A compact apartment comprising an open plan lounge/kitchen, a bedroom (however please note this room does not have a window) and a shower room. The property is accessed via steps leading to the communal front door and is located on the ground floor of the building. Currently producing £550pcm/£6,600pa. Flat 4 Bathrook House, 5 Bath Street HD1 5BQ - A spacious three bedroom apartment located to the lower ground floor of the building, it benefits from its own front door. Accommodation comprises open plan lounge and kitchen, three bedrooms and a bathroom. Currently producing £600pcm/£7,200pa. Flat 3 Bathrook House, Rook Street HD1 5AZ - Not yet inspected by Auction House. Rook Street is to the rear of Bath Street Currently producing £600pcm/£7,200pa. We have been advised that Flat 3 Bathrook House, 5 Bath Street HD1 5BQ & Flat 3 Bathrook House, Rook Street HD1 5BQ each share gas and electricity meters, therefore the gas and electricity is included in the rent. Lease term - 999 Years from March 1875 Ground Rent - £150 Service Charge - TBC
Tenure
Leasehold
Flat 3 Bathrook House, 5 Bath Street
Ground Floor Living Room/ Kitchen Bedroom (no window) Shower Room
Flat 4 Bathrook House, 5 Bath Street
Lower Ground Floor Living Room/ Kitchen Bedroom Bedroom Shower Room Utility Room
Flat 3 Bathrook House, Rook Street
Not yet inspected
Energy Efficiency Rating (EPC)
Current Rating C, C, C
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Kirklees Council. Each flat is band A.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - In addition to the deposit Purchasers will be required to pay an administration fee of 1.5% inc VAT, subject to a minimum of £2,100 inc VAT.
Disbursements - Search Fees: £360 inc VAT.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.