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Lot - Flat 2, 13A St Johns Square, Wakefield, West Yorkshire, WF1 2RA

Guide Price* £56,000

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Property Type
Flat
Tenure
Leasehold
Type
Residential
Bedrooms
2

Property Summary

  • On the instructions of the Mortgagees in possession
  • Leasehold two bedroom flat
  • Situated within a Grade II Listed building within a Georgian Square
  • Subject to an Assured Periodic Tenancy
  • Producing £6,900 per annum

Leasehold two bedroom flat in a period building within a Georgian Square – Investment producing £6,900 per annum

Description

The property comprises a lower ground floor two bedroom flat of approximately 89.53 sq m (963 sq ft) forming part of a Grade II Listed building within a Georgian Square

Location

Wakefield is located approximately 11 miles south of Leeds, 16 miles south-east of Bradford and 14 miles east of Huddersfield.

Nearby Leeds Road (A650) provides direct access onto the M1 motorway (Junction 41). Wakefield Kirkgate and Wakefield Westgate mainline stations are both close by.

The property is situated on the north side of St Johns Square, directly opposite the Square’s Gardens and to the east side of Kilby Street in the highly regarded St Johns area close to highly regarded schools.

An extensive range of shops and amenities are available within a short walk in Wakefield town centre.

Tenancy Schedule

Address Floor Accommodation SqM SqFt Tenancy Rent (£ pa)
Flat 2, 13a St. Johns Square Lower Ground Hallway through to Reception Room, Two bedrooms, kitchen and shower room/WC. Secondary access via communal rear yard into the kitchen. 89.53 963 Assured Periodic Tenancy £6,900
Total £6,900

Lease Details

Held on a lease for a term of 800 years (less 3 days) from 22/07/1983 at a current ground rent of £150 per annum.

Planning

Local Authority – Wakefield Metropolitan District Council (0345 850 6506) www.wakefield.gov.uk

EPC Rating

D

Council Tax Band

A

VAT

VAT is not payable

Disclaimer*

* Guide Prices are provided as an indication of each seller's minimum expectation (also known as the 'Reserve Price'). They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve Price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide Price.

The Guide Price for the Lot does not include the Buyers Administration Fee of £2,400 (inclusive of VAT). In addition, the Guide Price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.

To participate in the sale, SW Property Auctions must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £5,900 comprises £3,500 relating to your bidder security (partial deposit payment) and the buyers administration fee of £2,400 (inc. VAT).

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