£20,000

1 bed flat for sale

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Auction
Leasehold

Guide price

£20,000

1 bed flat for sale

Talbot Mills, Well Lane, Batley, West Yorkshire WF17

1 bed
1 bath
1 reception
EPC rating: C

Key Information

Tenure:
Leasehold
Time remaining on lease:
Service charge:
Council tax band:
A
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Cambridge Street School 0.1 miles
  • Engage Academy 0.2 miles
  • Batley 0.4 miles
  • Dewsbury 1.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • For sale by auction on the 10th July 2024
  • Guide price £20,000 +
  • One bedroom ground floor flat
  • Currently generating gross rental income £5,280pa
  • Great addition to a rental portfolio
  • Council Tax band A - EPC rating C
This one bedroom ground floor apartment is offered for sale via auction. The property is currently tenanted by a long term occupant generating a gross rental income of £5,280 per annum which reflects over a 26% gross yield return based on the guide price. This would make a great addition to a rental portfolio.

Situated within walking distance to Batley town centre amenities and transport links.

Length of Lease - 98 Years Remaining
Ground Rent - £600 Per Annum
Service Charge - £1448.16 Per Annum

Accommodation

Ground Floor

Lounge/kitchen, bedroom and bathroom.

Additional Information

Council Tax

Band A.

Tenure

Leasehold.

Disclaimer

Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.

Charges & Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Buyer’s Premium: £2,400 inc VAT.
Searches £300 inc VAT

Disbursements

Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

There are some planning applications within 0.5 miles of this home

Blurred out There are some planning applications within 0.5 miles of this home information

Assess how they might enhance or detract from this home’s value.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

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Listed by

Auction House West Yorkshire

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  1. Zoopla
  2. For sale
  3. West Yorkshire
  4. Batley
  5. Well Lane

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