17 Bed Flat For Sale

Description

A substantial property of approx. 5,756.5 Sq Ft (535 Sq M) providing x14 unbroken apartments which comprise x1 Studio, x11 One bedroom & x2 Two bedroom apartments which are in need of a full scheme of general modernisation and refurbishment throughout providing an excellent opportunity for an investor / developer / builder to add value either for the resale market or to retain as a high yielding rental investment of which we understand the building could produce in the region of £113,400 per annum once refurbishment works have been completed (x1 Studio £575pcm / x11 One bed £675pcm per flat / x2 Two bed £675pcm ). The property is very well located on Bath Street within the town centre adjacent to the train station and within walking distance of the University of Huddersfield Queensgate Campus. The building is currently Vacant with the exception of Apartment No 1 which is subject to a periodic AST, however we understand the property will be fully vacant upon completion.

General

1. All the information provided on our website is for indicative purposes only and interested parties should refer to the contents of the legal pack and rely upon their own due diligence as a prudent bidder.

2. PLEASE NOTE BIDDING COMMENCES ON TUESDAY 28TH OCTOBER AND CLOSES ON WEDNESDAY 29TH OCTOBER.

3. The property is listed with a Council Tax assessment in Band A.

4. Energy Performance Certificates: 1 Bath Street = D. 3 Bath Street = E.

Costs

Details of the Buyer's Premium and any additional fees payable are contained within the legal documents.

Outside

The building has a Parking area providing parking for 4 vehicles as well as providing direct independant access to both the Lower Ground Floor Apartments.

Tenancy

Leasehold for a term of 999 years from 26th July 1875 with no Ground Rent