1 bed flat for sale

Queen Street, Morley, Leeds, West Yorkshire LS27

For sale via modern method of auction !

This well-presented one-bedroom apartment, located in the popular area of Morley, is an ideal investment opportunity. The property features an open-plan lounge and kitchen, creating a spacious and modern living area, along with a comfortable bedroom and a stylish bathroom. Currently occupied by a sitting tenant paying £575 per calendar month, this apartment offers immediate rental income. With its desirable location close to local amenities and excellent transport links, this property is perfect for investors looking for a hassle-free addition to their portfolio.

The property enjoys a pleasant position in central Morley and is within walking distance of Morley Centre. Offering close links into Leeds City Centre, good amenities, train station, bus services and great motorway connection.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Open Plan Lounge/Kitchen

Open plan lounge/kitchen with a range of base and wall units withy built in oven, hob and extractor. Lounge area with electric heating

Bedroom

Double bedroom with double glazed window and electric heater

Bathroom

3 Piece suite with shower above bath, toilet and sink. The bath also has fully tiled walls.