Property photos
Auction
Leasehold
Guide price
£20,000
1 bed flat for sale
Micklegate House, Horsefair, Pontefract, West Yorkshire WF81 bed
1 bath
1 reception
EPC rating: C
Local area information
Property location
Nearby amenities
- Pontefract Baghill 0.2 miles
- St Joseph's Catholic Primary School 0.3 miles
- St Giles CofE Academy 0.4 miles
- Pontefract Tanshelf 0.4 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 first floor apartment
- Sold with tenat in-situ
- Generating £5,700 per annum
- Great addition to an investor’s portfolio
- Council Tax band A - EPC rating C
This one bedroom, first floor apartment is offered for sale via traditional auction.
The property is currently tenanted generating a gross rental income of £5,700 per annum reflecting a 28.5% gross yield return based on the guide price. This property would make a great addition to a rental portfolio.
Located in the heart of Pontefract town centre, close to all amenities.
Leasehold information:
Lease Length - 125 years from 1st January 2016
Ground Rent - £350 per annum
Service Charge - £3,093.42
Accommodation
First Floor
Lounge/kitchen, bedroom and shower room
Additional Information
Council Tax
Wakefield - 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 And 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.
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.
The property is currently tenanted generating a gross rental income of £5,700 per annum reflecting a 28.5% gross yield return based on the guide price. This property would make a great addition to a rental portfolio.
Located in the heart of Pontefract town centre, close to all amenities.
Leasehold information:
Lease Length - 125 years from 1st January 2016
Ground Rent - £350 per annum
Service Charge - £3,093.42
Accommodation
First Floor
Lounge/kitchen, bedroom and shower room
Additional Information
Council Tax
Wakefield - 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 And 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.
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.
Floor plans and tours
Floor plans (1)
Tours (1)
1 virtual tour available
Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Auction House West Yorkshire
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Property descriptions and related information displayed on this page are marketing materials provided by - Auction House West Yorkshire. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House West Yorkshire for full details and further information.