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40 Peel Street, Morley, Leeds

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Description

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £145,000.

Morgan Estates proudly brings to market this unique property in the heart of Morley. Previously rented as a two-bedroom property for the past 10 years, this versatile home is packed full of potential. Subject to the necessary planning permissions and building regulations, it could be reconfigured, converted or transformed to suit a variety of uses, making it an exciting opportunity for investors, developers or buyers looking for a project.

From the rear yard, you enter into the spacious kitchen, which has plenty of room for a dining table. Fitted with a charming country-style kitchen, this is a welcoming space and also provides access to the basement, offering useful additional storage.

Moving through the property, you will find the staircase to your left and, straight ahead, a large reception room with an adjoining office. This part of the property was formerly used as a shop and offers incredible scope for redevelopment or reimagining into additional living accommodation, a work-from-home space or something entirely unique (subject to the necessary consents).

Climbing the first staircase, you will find a spacious living room to the right, with the house bathroom to the left. The bathroom comprises a bath with shower over, wash hand basin and WC. Also on this floor is a well-proportioned double bedroom.

A further staircase leads to the second floor, where you will find another generous double bedroom. Opposite is a fitted kitchen area, creating further flexibility depending on your intended use for the property.

Externally, the property benefits from a good-sized enclosed rear yard.

This property offers endless possibilities. Whether you choose to modernise and re-let it as an investment, reconfigure the existing layout, or undertake a more extensive renovation to create something truly special, the potential on offer is clear.

Situated in the heart of Morley, you'll have a fantastic selection of shops, cafés, bars and restaurants right on your doorstep. Morley Train Station is within easy reach, along with excellent transport links providing convenient access to Leeds City Centre and the wider West Yorkshire area. The property is also well positioned for a range of highly regarded primary and secondary schools, making it an attractive option for a variety of buyers.

Contact the Morgan Estates Team today to arrange your viewing and discover the potential this unique Morley property has to offer.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.


This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.


The advertised price is commonly referred to as a 'Starting Bid' or 'Guide Price' and is accompanied by a 'Reserve Price'. The 'Reserve Price' is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the 'Guide Price' / 'Starting Bid'.

These prices are subject to change.



An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.


A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Council Tax Band: A
Tenure: Freehold

Brochures

Brochure
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.
On street
GARDENA property has access to an outdoor space, which could be private or shared.
Rear garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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40 Peel Street, Morley, Leeds

Approximate location

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Affordability

Monthly repayments£728
Property: £ 145,000
Deposit: £ 14,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Extension potential
Recently sold & under offer
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About Morgan Estates, Beeston

188 Old Lane, Beeston, Leeds, LS11 8AG
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* Make your move with Morgan Estates

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* High Levels Of Professionalism and Care

* Trustworthy and Transparent

* Personal and Approachable

* High quality Service

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Notes

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Disclaimer - Property reference RS3588. 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 Morgan Estates, Beeston. 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 Morgan Estates, Beeston on 0113 519 9282.

*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.”

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