TWO SUBSTANTIAL LARGE ONE BEDROOM PROPERTIES
16A & 16B Gainsborough Avenue, Leeds, LS16 7PG
- 15
Guide Price: *
£250,000
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:
£268,000Bid history
14 bidsM
30/11/2023 15:09:59 - £268,000
S
30/11/2023 15:06:29 - £267,000
M
30/11/2023 15:04:47 - £266,000
See all 14 bids ▾
To view contact Hunters Horsforth Tel: 0113 323 7720.
A fantastic DEVELOPMENT OPPORTUNITY with potential to create a LARGE FAMILY HOME in this sought after part of Leeds, or to MODERNISE AND RENOVATE TWO LARGE APARTMENTS. We are excited to offer to the market the chance to purchase a project property, in this highly desirable area of Adel. At over 1600sqft there is lots of opportunity to make this property into something fantastic.
Formally a four-bedroom family home, this property has been long since been separated physically and legally (in title) into two substantial large 800+ square foot, one-bedroom properties.
Both titles are now offered for sale jointly, with the prospect of either or both properties being renovated to create a large investment property or there is significant potential to create a large family property, with further potential for extension and renovation (subject to relevant permissions) into a four/five-bedroom home. The adjoining properties have benefited from the conversion of the attic into a second floor and subject to planning and regs there could be the option to add additional bedrooms and square footage .
The ground floor currently presents as a renovated and modernised large one-bedroom apartment with a large living space, large kitchen, updated bathroom, tiled with over bath shower and its own private access to the rear. The abundance of windows means this space feels open and light.
The first floor is in need of modernisation and having its own private entrance to the front comprises of a large kitchen, large double bedroom and a large front sitting/living room with four windows and lots of light. . To the rear is a house bathroom.
To the front of the property is a landscaped garden offering curb appeal and to the rear is a good-sized family garden, with lawns, storage and a large separate garage.
A superb project with amazing potential. viewing is recommend to see how easily the space could be interpreted.
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.
Summary
- Auction end
- 30th Nov at 15:14
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- 2
- Council tax band
- B
Summary
- Auction end
- 30th Nov at 15:14
- Property type
- Residential
- Tenure
- Freehold
- Bedrooms
- 2
- Bathrooms
- 2
- Council tax band
- B
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.