Bayheath House, Wakefield WF1

IDEAL STARTER HOME OR RENTAL PROPERTY - MODERN METHOD OF AUCTION

Please quote JI 0641 when enquiring about this property

MODERN METHOD OF AUCTION - GUIDE PRICE £45,000 - Please See Auctioneer Comments Below.

Offered with vacant possession and no onward chain, this well presented third floor one double bedroom apartment with an open plan living space is set in the heart of Wakefield Centre and within easy reach of both Wakefield Bus Station and Westgate Rail Station, as well as all the shopping, dining and entertainment facilities that Wakefield has to offer.  The apartment has recently been tenanted at £600 pcm and offers a good rental yield for an investor. 

The apartment briefly comprises - communal entrance lobby with intercom and lift access, private entrance hall with intercom and utility cupboard fitted with an automatic washing machine, open plan lounge/kitchen, one double bedroom and a recently updated bathroom. 

EXTERNALLY & COMMUNAL ENTRANCE

There are secure access doors to the front and rear of the apartment building, together with intercom access, lift and staircase to the third floor. There is ample on street parking (pay & display) as well as visitor parking to the building at the rear. 

ENTRANCE HALLWAY

The entrance hallway has a wall mounted electric storage heater, an intercom system, and a utility cupboard fitted with an automatic washing machine.

OPEN PLAN LOUNGE/KITCHEN/DINING

This light and room has a UPVC double glazed window letting in plenty of light, laminate flooring and a wall mounted storage heater. The kitchen area comprises a range of modern wall and base units with laminate work surfaces over, tiled splash back and inset sink with mixer tap, as well as an integrated oven and grill with four ring electric hob and cooker hood over.

BEDROOM

The bedroom features 2 windows letting in plenty light and laminate flooring, together with a  wall mounted electric storage heater, and plenty of space for a double bed and associated bedroom furniture. 

BATHROOM

The good sized bathroom features a recently updated modern white three piece suite with black taps,, black mixer shower over the bath and crittal style glazed shower screen, together with spotlights to the ceiling. White metro style tiles with black grouting and a chrome heated towel rail complete the modern look.

LEASEHOLD INFORMATION:

Approximately 116 years remaining on the lease (125 years from March 2015)

Service Charge - approximately £1,455.16 pa

Ground Rent - £445.20 pa

Important Information on Anti-Money Laundering Check:

We are required by law to conduct Anti-Money Laundering checks on all parties involved in the sale or purchase of a property. We take the responsibility of this seriously in line with HMRC guidance in ensuring the accuracy and continuous monitoring of these checks. Our partner, MoveButler, will carry out the initial checks on our behalf. They will contact you and where possible, a biometric check will be sent to you electronically only once your offer has been accepted.

As an applicant, you will be charged a non-refundable fee of £20 (inclusive of VAT) per buyer for these checks. The fee covers data collection, manual checking, and monitoring. You will need to pay this amount directly to Move Butler and complete all Anti-Money Laundering checks before your offer can be formally accepted.

You will also be required to provide evidence of how you intend to finance your purchase prior to formal acceptance of any offer.

AUCTIONEER COMMENTS

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.