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Horsefair, Pontefract WF8 1 bed flat for sale
Horsefair, Pontefract WF8
£20,000
Horsefair, Pontefract WF8
£20,000
Our Summary
- Guide Price £20,000-£35,000 Plus FeesFor sale by unconditional online auction, registration is now open
- For Sale by Online Auction on 25 June 20251 Bed Flat £6,600 Rent pa High Yield Circa 116 Yr Lease Ideal Investment Guide Price Range £20,000 - £35,000
- 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
This 1-bedroom flat is being sold via online auction by Town & Country Property Auctions, with a guide price range of £20,000 to £35,000. The property returns a high yield of £6,600 per annum, equivalent to 18% of the top end of the guide price range. 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 sale is unconditional, with a 10% deposit required upon the fall of the hammer, and the buyer will be legally bound to complete the purchase within 28 days. The property is being sold with a buyer's administration fee of £1,200 plus VAT, and additional fees, costs, and charges may apply. Registration is now open for the online auction, which takes place on June 25, 2025.