*Guide | £95,000 (plus fees)
- Flat
Call the team on 0113 393 3482 for more information
An exciting opportunity to acquire this portfolio of 4 x 2 bedroom apartments which form part of a larger development. As present, two of the apartments are let and generating £5,700 per annum with the other two offered with vacant possession. Assuming the vacant units are let at a similar level, this would equate to an impressive gross return of 24% when based on the quoted guide price. Hemsworth makes for an ideal location for a range of buyers as it is aptly placed for local amenities such as shops and schools. Main bus routes run to and from Pontefract and Wakefield, as well as the M62 motorway for those who look to commute further afield. Hemsworth Water Park is also only a short walk away. Each Flat Leasehold Information: Lease Length - 125 years from 01/01/2009 Ground Rent - £260 per annum Service Charge - £2,006 per annum. The sellers have advised that all ground rent and service charge arrears will be settled prior to completion. Interested parties should be aware that the apartments are also available to buy individually in the same auction if the aforementioned portfolio fails to sell.
Flat 5
Two bedroom first floor apartment - vacant
Flat 8
Two bedroom second floor apartment - vacant
Flat 16
Two bedroom first floor apartment - tenanted
Flat 20
Two bedroom second floor apartment -tenanted
Additional Information
Council Tax
Wakefield - Each Flat Band A
EPC Ratings
Flat 5: C Flat 8: C Flat 16: C Flat 20: C
Tenure
Leasehold
Disclaimer
Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges and Payments
In addition to the deposit Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT.
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.
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.
Floor Plans
Click the image to view the full-sized floorplan.
