For Sale By Auction | 14:00, 21 October 2020 | Lot 3

98-100 Woodland Lane, Chapel Allerton, Leeds, LS7 4QG

Sold £502,000

  • Terraced House
  • Tenure: Freehold

Call the team on 0113 393 3482 for more information

Auction Date

Wed 21/10/2020

Auction Time

14:00

Auction Venue

Live Stream Auction

***Calling all developers and landlords*** A rare opportunity to acquire two large terraces in the heart of Chapel Allerton! 98 & 100 Woodland Lane are linked via a room in the basement and will therefore be offered as a single lot. Both properties were divided into flats many years ago and are now in need of improvement/development. 98 Woodland Lane ? Vacant. There is a one bedroom flat to the ground floor and a three bedroom flat over the first and second floors. The lower ground floor, previously configured as a flat, is now used as a store and requires work. 100 Woodland Lane ? Fully let. Split into 2 x one bedroom flats and 1 x three bedroom flat. The flats could provide a stronger income, once improved, or a useful income whilst 98 is re-let or developed. Recent sales prices of neighbouring terraced houses suggest that this could be a highly profitable venture. Due to the existing configuration of the buildings, lending may be restricted. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.

Tenure

Freehold

98 - Lower Ground Floor

Two rooms, store, bathroom and wc.

98 - Ground Floor

Communal entrance, lounge, bedroom and kitchen.

98 - First Floor

Landing, lounge, kitchen, bedroom and bathroom.

98 - Second Floor

Landing and two bedrooms.

100 - Lower Ground Floor

Living kitchen, bedroom, bathroom and shower room.

100 - Ground Floor

Lounge, kitchen and bedroom.

100 - First Floor

Landing, lounge, kitchen, bedroom and bathroom.

100 - Second Floor

Landing and two bedrooms.

Externally

Small yards to the front and rear.

Charges and Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT Search Fees: £240 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.

Local Authority

Leeds City Council

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 - See above

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