This one bedroom first floor apartment in Wakefield will appeal to those looking for a stable income. The property is let to a longstanding tenant of eight years and is generating an income of £4,320 per annum. This equates to a return in excess of 17% based on the guide price. Auction House have not inspected the property but the seller has advised that the property has basic internal fixtures and fittings. Leasehold Information: Please refer to the legal pack.

Tenure

Leasehold

First Floor

Hall, lounge, kitchen, bedroom and bathroom.

Charges and Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,080 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.

Local Authority

Wakefield Metropolitan District Council

Additional Fees

Administration Charge - See above

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.