Flat for sale in Gillstead House, Kingsdale Court, Leeds, West Yorkshire LS14
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Starting Bid Price £12,000 plus Reservation Fee.
Available to view now is this ground floor apartment ideal for investors with a potential yield of around 25%. The property has recently undergone some improvement works however it does still require some further modernisation. The apartment briefly comprises of open plan style living room and kitchen area which will re-quire re-fitting; bathroom with 3 piece suite and one double bedroom.
Auction Information This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms
and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by the North West Property Auction powered by iam-sold Ltd.
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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Whitegates - Bramley, and do not constitute property particulars. Please contact Whitegates - Bramley for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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