This property is for sale by the modern method of auction, starting bid £200,000 plus reservation fee. The Cottage is a characterful detached, two storey, stone built property that sits in a good size plot on a quiet backwater of the conservation area. Benefitting from authorised planning permission for a stylish four-bedroom detached family home. Externally, there is land allocated for a garden and parking to the rear. The property sits on a plot of circa 0.03 acres. Internally, the property provides accommodation over ground and first floors, with principal access from the south elevation. The accommodation is currently arranged to provide a mix of individual offices with ancillary kitchen and toilet facilities. The property as it stands is zero rated for commercial use, so no business rates or council tax to pay in terms of ongoing costs. Our client already has approval for a four bedroom detached residential property with plans readily available. With the ability of continuing as a commercial property or changing to residential, this is a fantastic opportunity for any experienced purchaser. This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, IamSold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance.br /br /The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.br /br /Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.
This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.br /br /The buyer will also make payment of £220.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.br /br /The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Reference to already approved planning is available here - https://publicaccess.leeds.gov.uk/online-applications/applicationDetails.do?activeTab=documents=PHISFSJBN0Y00
- Detached Former NHS Building
- Approved C3 Usage (Residential)
- Fantastic Development Opportunity
- For Sale by Auction T C's apply
- Subject to an Undisclosed Reserve Price
- Buyer's Fees Apply
- The Modern Method of Auction