Suffolk Court, Yeadon

£50,000 | Available

1 bedroom Apartment For Sale
Total Size: 302 SQ FT
or call 0113 202 9923
Property Description
* CASH BUYERS ONLY * FOR SALE VIA TRADITIONAL AUCTION * GUIDE PRICE £50,000* BIDDING OPENS SOON * FEES APPLY *
This one-bedroom studio apartment presents an excellent investment opportunity with potential for a high yield. Requiring cosmetic updating throughout, this property allows the new owner to add their personal touch and increase its value. The apartment is accessed via a communal entrance hall, which is shared with just one other apartment, ensuring a sense of privacy and community.

Inside, the studio features an open-plan living and sleeping area, providing a versatile space that can be customized to suit various living arrangements. The kitchen, though in need of some modernizing, offers a functional layout and ample potential for transformation into a contemporary cooking space. The bathroom, similarly, would benefit from some updates to enhance its comfort and appeal.

This property is ideally suited for an investor seeking a project with promising returns. Its layout and location make it an attractive option for tenants, ensuring a steady rental income and the property is being sold with a tenant currently in situ. The potential for a high yield, combined with the opportunity to renovate and increase the property's market value, makes this studio a smart addition to any investment portfolio. Don't miss the chance to acquire this gem at auction and unlock its full potential.
The property is sold with tenant in situ achieving a rental of £500 per month, please refer to auction pack for more details.

NOTE FOR BUYERS:
Traditional Online Auction Information:
Please note: this property is for sale by Traditional Online Auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at their highest bid price.
Fees:
On Exchange of contracts, the buyer must pay 10% towards the purchase price of property. £2,600 of this 10% is charged immediately online, with the remainder payable by 12pm the next business day. There is an additional buyer premium of £2,400 (incl. VAT) which will be charged immediately online.
Hunters and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
FOR BIDDING AND LEGAL INFORMATION PLEASE VISIT HUNTERS.COM/AUCTIONS



Material Information
  • Tenure: Leasehold
  • Lease Years Remaining: 109


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Suffolk Court, Yeadon

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