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Horsefair, Pontefract WF8 1 bed flat for sale
22 Micklegate House Horsefair, Pontefract, West Yorkshire, WF8 1PD
£25,000
22 Micklegate House Horsefair, Pontefract, West Yorkshire, WF8 1PD
£25,000
Our Summary
- Guide Price £25,000+ Plus FeesFor sale by unconditional online auction, registration is now open
- For Sale by Online Auction on 25 June 20251 Bed Flat £6,300 Rent pa High Yield Circa 116 Yr Lease Ideal Investment Extremely high yielding 1 bedroom flat, for sale via auction with Town & Country Property Auctions
- Lease Details: 125 years from 1 January 2016 to and including 31 December 2140TenureLeasehold TermsLegal PackTo review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details)
- You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group
Description
A 1-bedroom flat is being sold via online auction with a guide price of £25,000+ plus fees. The property generates a high yield of £6,300 per annum, equivalent to an 18% return on investment. The flat is located on the 3rd floor and has an open-plan kitchen, bathroom, and bedroom. The lease has approximately 116 years remaining and is close to local amenities. The buyer will need to pay a 10% deposit and a buyer's administration fee of £1,200 plus VAT, and contracts will be exchanged immediately after the auction. The property is being sold with an unconditional online auction, and registration is now open.