01844 355023    

Flat 7 5 Bar Street, BATLEY, West Yorkshire, WF17 5PG

  • Conditional Online Auction Sale

THE GOTO GROUP ARE PLEASED TO OFFER FOR SALE VIA ON LINE AUCTION THIS ONE BEDROOM APARTMENT IN BATLEY

Tenure

LEASEHOLD

Description

***1 BEDROOM 1st FLOOR APARTMENT***SHORT DISTANCE TO TOWN CENTRE AND TRAIN STATION***IDEAL RENTAL INVESTMENT OR 1st TIME BUY OPPORTUNITY***

This 1 bedroom 1st floor apartment located a short distance from the centre of Batley and the train station.

Comprising of an entrance hall that has access to the lounge, bedroom, kitchen and bathroom.

The kitchen has a selection of wall and base units with a ss sink and drainer, an electric oven and hob with extractor fan. Space and plumbing for a washing machine. Space for a free standing fridge freezer.

The lounge is a large room with carpet, neutral décor and a wall mounted electric storage heater.

The bedroom is a another good sized room with carpet, neutral décor and a wall mounted electric storage heater.

The bathroom has a 3 piece suite including a bath with shower attached on taps, a hand basin and wc.

With double glazed windows and electric storage heaters.

This apartment would suit a professional couple/single of a fantastic rental investment (currently tenanted)

Located within a short distance of all local amenities.

Early viewing is essential to appreciate all that this apartment has to offer.

Viewings booked 24/7

Lease Information
There is 119 years remaining on the lease.

Service Charges are £885.68 every 6 Months

EPC Rating

CURRENT 74/85 POTENTIAL

Opening Bid and Reserve Price

This Property is subject to an undisclosed Reserve Price which in general will not be 10% more than the Opening Bid. The Reserve Price and Opening Bid can be subject to change. The Online Auction terms and conditions apply.

Comments

This property is offered for sale via Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer, but will be given 56 working days in which to exchange and complete the transaction from the date the Draft Contract is issued by the sellers solicitor.

By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.

The buyer will be required to give the Auctioneer authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Auctioneer.

Upon close of a successful auction, or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer's Premium of £5,400 including VAT, plus a buyer's administration charge of £354 including VAT, a total of £5,754. This secures the transaction and takes the property off the market. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.

The Buyer's Premium and buyer's administration charge are in addition to the final negotiated selling price.

Buyer's Administration Charge

If the Buyer Information Pack has been produced and provided by GOTO Group any successful purchaser will be required to pay £354.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.

Buyer Fees

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

  • You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our Panel Solicitors who are all selected for their expertise in Auction Transactions. Please call the number below for more information.
  • Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information.

Energy Performance Certificate (EPCs)

An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.

Minimum Opening Bid

£45,000

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Office Contact

Auction Concierge Specialist
01844 355023

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