Bedrooms

8

Bathroom

0

Location

Wakefield

Price

£350,000

Property Type

House - End Terrace

For sale by Modern Method of Auction; Starting Bid Price £350,000 plus reservation fee. Subject to an undisclosed reserve price. Valuable investment opportunity with eight bedrooms and land. This property is for sale by West Yorkshire Property Auction powered by iamsold ltd. EPC rating D62.

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For sale by Modern Method of Auction; Starting Bid Price £350,000 plus reservation fee. Subject to an undisclosed reserve price.

A valuable investment opportunity comprising an eight bedroom licence HMO together with an adjoining plot of land that has full planning permission for the development of five apartments with associated car parking and landscaping.

With licence reference 1304, the existing HMO building is arranged over four floors with a garden area to the rear. On the basement level there is a shared living room and separate kitchen together with a shower room and a boiler room. On the ground floor there are three bedrooms, two of which have an en-suite facilities. The first floor presents a further three bedrooms, each with an en-suite and then to the second floor there are another two bedrooms and a shared shower room. The house is street lined to the front and has a garden area to the rear.

Full planning permission was granted on the 16th January 2020 under reference 20/00103/FUL for the development of five apartments with associated car parking and landscaping. On the ground floor the proposals show a one bedroom apartment together with a drive through area providing vehicular access to the parking spaces to the rear. On the first floor, there are two one bedroom apartments and to the second floor there is a two bedroom apartment. Finally on the third floor, there is a further one bedroom apartment built into the loft space. To the rear of the proposed development there will be a total of eight parking spaces plus a bike storage area and a bin storage area.

Property is situated in this popular residential area within very easy reach of a good range of local shops, schools and recreational facilities. A broader range of amenities are available in the near-by city center of Wakefield and the national motorway network is readily accessible.

This property is for sale by West Yorkshire Property Auction powered by iamsold ltd.

COUNCIL TAX BAND The council tax band for this property is B.

VIEWINGS To view please contact our Wakefield office and they will be pleased to arrange a suitable appointment.

EPC RATING To view the full Energy Performance Certificate please call into one of our six local offices.

AUCTIONEER'S COMMENTS This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer's solicitor. This additional time allows buyers to proceed with mortgage finance.

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase will be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

For sale by Modern Method of Auction; Starting Bid Price £350,000 plus reservation fee. Subject to an undisclosed reserve price. Valuable investment opportunity with eight bedrooms and land. This property is for sale by West Yorkshire Property Auction powered by iamsold ltd. EPC rating D62.

* For Sale by Auction - T & Cs apply
* Subject to an undisclosed Reserve Price
* Buyer's fees apply
* The Modern Method of Auction
* Valuable investment opportunity
* Buy with finance - EPC rating D62

There is currently no floor plan available for this property.

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