Block of apartments for sale

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Block of apartments for sale

6-8 Carlton Place, Halifax HX1 2SB
£595,000

Our Summary

  • For sale by Unconditional Online Auction
  • On behalf of Impey & Co Auction - Stockport
  • Current rental being achieved is £62,400 with scope to increase residential rents to market value and let out the currently vacant commercial space
  • Terms: Auction Details: The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type
  • Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
  • 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)
  • High returning investment opportunity with scope for further increase

Description

This property is a large block of nine fully let residential flats and a commercial ground floor space located in the heart of Halifax centre. The current rental income is £62,400, with potential to increase residential rents to market value and let out the currently vacant commercial space. The property is situated just off the main shopping areas and within walking distance of local amenities. The sale is being conducted through an unconditional online auction, with binding contracts exchanged at the point of sale. The buyer will need to pay a 5% deposit and a buyers fee of 4.8% of the purchase price, which will be taken into account when calculating Stamp Duty Land Tax. The guide price is £[insert price], with a reserve price within + or - 10% of this amount.
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