Gas Street
- Auction sale
- 21 may 2024
- ***for sale by auction***
- Epc rating - d
- Tenanted no viewings available
Ideal investment purchase.
- Years remaining: 107 years
- Current ground rent: Contact branch
- Ground rent review period: Contact branch
- Annual service charge: Contact branch
- Ground rent increase: Contact branch
Council Tax Band: A
Tenure: Leasehold
Description:
A two bedroom, ground floor flat sold with a tenant in situ, on an assured shorthold tenancy dated from the 26th of February 2020, at a rent of £450 PCM. Set within a modern block on the outskirts of Wigan within the residential area of Platt Bridge, where you will find local shops and fast food restaurants. The property has electric heating, double glazing and would make an ideal, ready-made, buy to let investment purchase.
Please Note:
We have not entered the property and the description and accommodation details provided are to be used for guidance purposes only and not to be fully relied upon. The images shown were taken prior to the tenant moving in so the condition may vary and there will be no internal viewings as the property is tenanted.
Accommodation:
Ground Floor Flat: Entrance Hallway with Storage Cupboard, Open Plan Kitchen/ Lounge, Two Bedrooms and Bathroom/ Wc.
Tenure:
Leasehold. Held on a lease for a term of 125 years from 1st January 2006 at a ground rent of £221.51 per annum dated up to December 2022 and a combined service charge of £1373.22 per annum up until 31st December 2024. At this time we are still awaiting up to date figures, please refer to the legal pack for further information prior to bidding.
EPC Rating: D
Council Tax Band: A
Enquiries:
William H Brown, Northern Auction Centre, 38 High Street, Bawtry, Doncaster, South Yorkshire, DN10 6JE. Tel. 01302 710490
***GUIDE PRICE: £50,000***
Important Notice:
For each Lot, a contract documentation fee of £1500 (inclusive of VAT) is payable to the Auctioneers by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
**PLEASE CONTACT THE AUCTIONEERS AT LeedsAuctions@williamhbrown.co.uk TO REQUEST A COPY OF THE LEGAL PACK, IF THIS IS AVAILABLE WE CAN EMAIL IT OVER TO YOU**
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst the auctioneers make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
Registration for bidding online will close the Friday before the auction sale. Please ensure you register and submit all the details and documents required in time. Without authorisation to bid prior to the sale you will be unable to bid in the auction.
Use our handy mortgage calculator to estimate what your monthly repayments could be. Edit the fields below with the relevant details or, if you’d like a more accurate view on what your repayments could be, complete our mortgage enquiry form below and our Mortgage Consultant will be in touch.
* Terms and Conditions apply.
Mortgage enquiry
Bawtry, Doncaster
South Yorkshire
DN10 6JE
LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP.
**THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.
A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.
ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.