Flats 1-6, The Club, Main Street, East Ardsley, Wakefield WF3 2AT
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
12
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- A freehold block of apartments
- £43,680 per annum income with potential to increase
Description
For sale on 10 December 2024
Our national property auction will be broadcast online with live auctioneers. To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction.
The auction will commence at 09:00.
A rare opportunity to own a freehold block of apartments in East Ardsley, WF3. The development comprises 6 x 2 bedroom apartments, including some duplex units. They were converted, and have been well maintained by the current owner over the years. Currently fully let to professional tenants, the building generates an income of £43,680 per annum. According to the managing agent - If rents were to increase, in line with current market levels, the apartments could all achieve between £700-£800pcm. This equates to a potential income of £50,000-£60,000 per annum.
Just two of the apartments have had their own leases drawn up and these are included in the sale. This provides the new owner with the chance to create leases on the four remaining flats, giving them resale options.
Each apartment has two double bedrooms, modern kitchen and bathroom, an open plan living space and intercom. Externally, a small communal garden and parking area for residents can be found at the rear of the development, accessed via the side road.
Location
Located in the peaceful village of East Ardsley, the property is close to the M1 and M62 motorway networks. The development is 9 miles south of Leeds (via majority motorway) and 3.5 miles north of Wakefield.
Flood Risk Rivers and Seas No Risk. Surface Water Very Low.
Mobile Phone Coverage O2, EE, Three and Vodafone are available.
Broadband (estimated speeds) Standard 4 mbps. Superfast 80 mbps. Ultrafast 1000 mbps.
Satellite and Cable TV Availability BT and Sky are available.
Construction Material Sandstone or limestone, as built, no insulation (assumed).
Draft Sales Details These sales details are awaiting vendor approval.
Tenure: Freehold
EPC Rating: E E E E E E
Terms:
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold under and Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneers fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyers Fee of 1.2% of the purchase price (subject to a minimum of £1,500 inc. VAT)
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price:
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Flats 1-6, The Club, Main Street, East Ardsley, Wakefield WF3 2AT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Outwood Station1.3 miles
- Morley Station2.8 miles
- Wakefield Westgate Station3.2 miles
Your mortgage
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 202409231545sq_sup9. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SDL Property Auctions, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call SDL Property Auctions, Nationwide on 08000 465454.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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