Standout Features
- Grade II listed building
- Balcony with river views
- Two double bedrooms
- Second floor apartment
- City Centre Location
- Lease: 999 years from 2000
- Council tax band D
- EPC Rating B
- Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £155,000
Property Description
Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £155,000
An excellent two bedroom apartment with large balcony overlooking the River Aire. The property is located in a grade II listed development in the heart of Leeds City Centre. On the doorstep of the new Aire City Park providing easy access to the train station, high street shops, bars & restaurants of the city.
LEASEHOLD INFORMATION
Lease term: 999 years from 1st October 2000
Ground rent £575 pa
Service charge £2,871 pa
Building insurance £899 pa
INVESTMENT INFORMATION
The property is sold with a fixed term tenancy in place until September 2026.
The current rental income is £1,175 pcm
HALLWAY Hallway with newly fitted wood effect laminate flooring, electric wall mounted heater and recessed spot lights.
LIVING AREA 22' 7" x 13' 5" (6.90m x 4.1m) Open plan living area with sash windows leading onto large balcony that overlooks the river.
KITCHEN (Open Plan) The kitchen has a range of fitted units and integrated appliances include; electric oven, hob, dishwasher, washing machine and fridge / freezer.
BALCONY
BEDROOM ONE 13' 1" x 9' 6" (4.0m x 2.9m) Double bedroom with views over the river and fitted wardrobe.
BEDROOM TWO 12' 5" x 8' 10" (3.8m x 2.7m) Double bedroom with fitted wardrobe.
BATHROOM 7' 6" x 6' 10" (2.3m x 2.1m) House bathroom with a shower over the bath.
PARKING The lease states the right to park one car in the land opposite the development. You are advised to seek clarification with your appointed solicitor.
AUCTIONEERS ADDITIONAL COMMENTS
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'.
These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
An excellent two bedroom apartment with large balcony overlooking the River Aire. The property is located in a grade II listed development in the heart of Leeds City Centre. On the doorstep of the new Aire City Park providing easy access to the train station, high street shops, bars & restaurants of the city.
LEASEHOLD INFORMATION
Lease term: 999 years from 1st October 2000
Ground rent £575 pa
Service charge £2,871 pa
Building insurance £899 pa
INVESTMENT INFORMATION
The property is sold with a fixed term tenancy in place until September 2026.
The current rental income is £1,175 pcm
HALLWAY Hallway with newly fitted wood effect laminate flooring, electric wall mounted heater and recessed spot lights.
LIVING AREA 22' 7" x 13' 5" (6.90m x 4.1m) Open plan living area with sash windows leading onto large balcony that overlooks the river.
KITCHEN (Open Plan) The kitchen has a range of fitted units and integrated appliances include; electric oven, hob, dishwasher, washing machine and fridge / freezer.
BALCONY
BEDROOM ONE 13' 1" x 9' 6" (4.0m x 2.9m) Double bedroom with views over the river and fitted wardrobe.
BEDROOM TWO 12' 5" x 8' 10" (3.8m x 2.7m) Double bedroom with fitted wardrobe.
BATHROOM 7' 6" x 6' 10" (2.3m x 2.1m) House bathroom with a shower over the bath.
PARKING The lease states the right to park one car in the land opposite the development. You are advised to seek clarification with your appointed solicitor.
AUCTIONEERS ADDITIONAL COMMENTS
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'.
These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Additional Information
Tenure:
Leasehold
Ground Rent:
£575 per year
Service Charge:
£2,871 per year
Council Tax Band:
D
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2 Water Lane
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