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£47,500

Ledgard Bridge Mill, Ledgard Wharf, Mirfield, WF14

  • 1 bed
Flat

£47,500

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£217 per month

Minimum deposit amount:

£2,375
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**** FOR SALE BY AUCTION *** LIVE FACE TO FACE BIDDING AT THE JOHN SMITHS STADIUM ON THURSDAY 27TH OF FEBRUARY STARTING AT 7PM PROMPT **** A READY MADE INVESTMENT OPPORTUNITY IDEAL FOR LANDLORDS WHO WANT TO HIT THE GROUND RUNNING ***

This characterful apartment offers a blend of modern living within a historic mill conversion. Boasting a one reception room/living kitchen arrangement, one mezzanine bedroom, and a well-appointed bathroom. Along with parking available for one vehicle and being well situated for the railway station and M62 motorway network it represents a fantastic buy-to-let investment opportunity with a tenant in situ on an AST and with rent passing at ?675 PCM.

GROUND FLOOR

LIVING KITCHEN AREA

17'8 maximum x 10'9

Enjoys ample natural light via the picture windows and double doors which are accessed via industrial style steps that rise up and in turn lead out to the balcony. The kitchen itself is fitted with a contemporary range of wall and base units topped by complementary Corian style working surfaces that incorporate an inset sink unit. The kitchen is further equipped with an integrated washer/dryer, fridge, electric hob with stainless extractor hood over and combination microwave oven. The boiler is concealed in one of the cupboard units, the flooring is an antique oak style laminate. There are also 2 central heating radiators and a dining area will be found adjacent to the main living space under the mezzanine with further useful cupboard storage.

BATHROOM

8'5 x 4'10

A quality bathroom suite with modern fitments, a pedestal hand wash basin, concealed cistern wc, panelled bath with shower over, tiled walls and floor, fitted mirror and heated towel rail. Ambient spot lighting and extraction unit.

MEZZANINE BEDROOM AREA

17'8 x 9'8 average

With glass balustrade and steel pillars on display. Fitted bedroom furniture in the form of double mirrored robe.

COUNCIL TAX BAND A

TENURE

The property is a leasehold arrangement. Further information is available upon request via our client's legal representative.

AGENTS NOTES ON THE LEASE

We are informed that the apartment benefits from exclusive gym membership with a monthly service charge of approximately ?121 per calendar month and ground rent at ?260 per annum (reviewed every 4 years). We are also informed that there is a designated parking space, communal areas enjoy characterful original detail throughout along with securely assist intercom systems and key fob entry. The apartment has had a long consistent letting history, renting at ?595pcm (potential for ?650pcm). Term remaining exceeds 900 years.

AGENTS NOTES

Please be aware there is an application for the erection of a new block of apartments adjacent to the subject property.

EPC RATING C77

VIEWING ARRANGEMENTS

Strictly by appointment through the auctioneers office. Dates and times to be confirmed.

AUCTION NOTES

The property is included in a collective property auction sale which is taking place on Thursday 27th February 2025 commencing 7pm PROMPT and is held at the John Smith Stadium, Huddersfield, HD1 6PG subject to remaining unsold previously.Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction. *Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.*

CONTRACT INFORMATION

The auction will be conducted under Common Auction Conditions (3rd Edition 2009) and a copy of the Special Conditions and other supporting legal documents will be available for inspection at the sole Auctioneers' offices 7 days prior to the Sale.We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

GUIDE

*GUIDE PRICE: This is an estimate of the likely range of selling price and is set at the commencement of marketing. The guide price may change during the marketing period. RESERVE PRICE: This is agreed with the Auctioneer prior to the auction and will not be disclosed to the public. The reserve price is the lowest figure at which the property is available for sale at the auction. If the lot is not sold at the auction then the property may be available for sale afterwards at a higher or lower figure. See catalogue for full explanation.

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