For Sale By Auction | 14:00, 09 December 2020 | Lot 11

4 Talbot Mills, Well Lane, Batley, WF17 5HQ

Sold £25,500

  • Apartment
  • 1 Bedroom
  • Tenure: Leasehold

Call the team on 0113 393 3482 for more information

Auction Date

Wed 09/12/2020

Auction Time

14:00

Auction Venue

Live Stream Auction

This first floor one bedroom apartment would make a good addition to a portfolio. It is currently let, generating an income of £4,200 per annum, which equates to a return of more than 23% when based on the guide price. Accommodation comprises of a hallway, large living kitchen area with modern units, bedroom and modern bathroom with shower. Leasehold Information: 110 years from January 2012 leaving 102 years unexpired. We have been advised by the seller that the service charge is approximately £900 per annum and the ground rent is £600 per annum. 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

Leasehold

First Floor

Hallway, Living kitchen, bedroom and bathroom.

Charges & 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. Disbursements: Any additional disbursements payable by the purchaser are yet to be confirmed by the vendors 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

Kirklees 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.