ONE BEDROOM STUDIO APARTMENT
4A Suffolk Court, LS19 7JN
- 20
Guide Price: *
£32,000
Fees apply
Buyer's fee:£2,400
All fees include VAT at 20%
Holding Deposit: *£2,600
*Only charged if you are the successful buyer and goes towards the purchase price
Auction Type:
Traditional
Sold for:
£41,500Bid history
12 bidsCThis is an automatic bid as the bidder has set a maximum bid for this lot
14/11/2024 15:12:07 - £41,500
S
14/11/2024 15:12:07 - £41,000
CThis is an automatic bid as the bidder has set a maximum bid for this lot
14/11/2024 15:08:15 - £40,500
See all 12 bids ▾
To view contact Hunters Yeadon Branch Tel: 0113 202 9923.
This one-bedroom studio apartment presents an excellent investment opportunity with potential for a high yield. Requiring cosmetic updating throughout, this property allows the new owner to add their personal touch and increase its value. The apartment is accessed via a communal entrance hall, which is shared with just one other apartment, ensuring a sense of privacy and community.
Inside, the studio features an open-plan living and sleeping area, providing a versatile space that can be customized to suit various living arrangements. The kitchen, though in need of some modernizing, offers a functional layout and ample potential for transformation into a contemporary cooking space. The bathroom, similarly, would benefit from some updates to enhance its comfort and appeal.
This property is ideally suited for an investor seeking a project with promising returns. Its layout and location make it an attractive option for tenants, ensuring a steady rental income. The potential for a high yield, combined with the opportunity to renovate and increase the property's market value, makes this studio a smart addition to any investment portfolio. Don't miss the chance to acquire this gem at auction and unlock its full potential.
The property is sold with tenant in situ achieving a rental of £500 per month, please refer to auction pack for more details.
Lease details: 125 years from 29 May 2008, 109 years left; Annual Ground Rent: TBA; Review Period: TBA; Service Charge: TBA
This property is for sale by Traditional online auction, before proceeding to bid, you need to carry out your due diligence, the Auction Team recommend you inspect all elements of the legal pack, taking note of any special conditions, it’s advisable to review the pack with your legal advisor. We also recommend viewing of the property and any surveys and reports need to be carried out prior to bidding.
NOTE FOR BUYERS: This property is for sale by traditional online auction, this means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price.
Fees: On Exchange of contracts, the buyer must pay 10% towards the purchase price of property. £2,600 of this 10% is charged immediately online, with the remainder payable by 12pm the next business day. There is an additional buyer premium of £2,400 (incl. VAT) which will be charged immediately online. For full details please view the auction pack.
Summary
- Auction end
- 14th Nov at 15:17
- Property type
- Flat
- Tenure
- Leasehold
- Bedrooms
- 1
- Bathrooms
- 1
- Council tax band
- A
Summary
- Auction end
- 14th Nov at 15:17
- Property type
- Flat
- Tenure
- Leasehold
- Bedrooms
- 1
- Bathrooms
- 1
- Council tax band
- A
This property is being sold by:
York
01904 756116
Apollo House, Eboracum Way, York, YO31 7RE
†Traditional auction
Exchange occurs at the end of the auction. This means that if the reserve is met or exceeded and the auction timer reaches zero, the successful bidder is legally obliged to pay the purchase price and the seller will be legally obliged to sell the property. To ensure that the successful bidder proceeds, the buyer is automatically charged a holding deposit, which is held in a secure client account, pursuant to the terms of a holding deposit agreement.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Auctions and Hunters shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Hunters. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Auctions or any individual in employment with Bamboo Auctions makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.