****Ideal for Investors****  ***For Sale by Modern Method Auction*** 
Your Choice estate agents are delighted to offer a 3 bedroom a front terrace house FOR SALE in heart of Girlington. The property sits within a residential location with local amenities, schools, BRI, and main route to the Bradford city centre; the property comprises of one reception room with ensuite shower rented out separately to working resident, open plan dining/sitting kitchen, Three piece family shower room,   second floor 2 bedroom and WC. Property also benefits from UPVC double glassing and gas central heating system. 




Property for Sale

Property Comprises of:

Side Entrance 

Entrance Via side wooden door, central heating radiator, fully laminated with stair case leading to the first floor & lower floor. 




One Reception Rooms



reception room with on-suite with shower, rented out separately to working resident,

Basement

Basement as storage and a small window leading to front garden

First Floor

Dining Sitting Kitchen 

With double glazed large window, central heating radiator, fully laminated with fireplace hanged on wall. Straight line fully fitted kitchen in walnut with integrated cooker and extractor hood.

Second Floor

2 Bedroom Flat



Full Double Glazing



Gas Central Heating



Close to School & BRI



Popular location close to transport links and local amenities 

Garden

A good size garden to front garden 

Rental Income

The property is currently rented out on Assured Shorthold tenancy to private tenants at the rental of ?550 Per Calendar month for the first and second floor

Second Private tenant renting out the ground floor En-suite Room at the rent of ?250-?300 Per Calendar month

Current Gross Rental Income in Circle of ?10200 Pa 

Market Value based on Yield is ?102,000-?110,000

Bills are shared by both tenants 

EPC Rating C 

https://find-energy-certificate.service.gov.uk/energy-certificate/2520-1905-5202-6419-1200

Property sale price

The entire property is offered for sale for asking price of offer in the region of ?89,950,000 to the agent only.

Directions

Please follow your satnav for better directions

Tenure; Free Hold

The property is believed to be freehold






For Sale by Modern Auction ? T & C’s apply

Disclaimer

For sale by Conditional Online Auction.

Terms

Auction Method:

The auction for this property will be conducted online through our online-bidding platform. This is a ’Timed Auction’, so there are no other lots being sold alongside this property.







The time slot for the auction is displayed on Your Choice Auctions’ website. To view this, search for the property on their website. Then click onto the property to view the property details. The time remaining to bid and end date of the auction is displayed on the page.







You are required to undertake identity checks before you can be authorised to bid. You must also provide your payment details. If you do not provide this information, your registration will not be processed.







When you place your bid, you are deemed to have agreed to Your Choice Auctions’ Buyers Terms (England & Wales) which are available on Your Choice website.







Auction type - Conditional with Fixed Fee

If you are the highest bidder when the auction for the property comes to an end, you will enter into a reservation agreement with the seller. You must then pay the applicable reservation fee. You will then have 56 business days within which to exchange contracts and complete the sale, unless the Special Conditions of Sale contained within the Legal Pack specify a different time limit. If you fail to do so, you may lose your reservation fee. During the 56-business day reservation period, the seller is not able to accept other offers.







Auction Fees

The following non-refundable fees apply:

Buyer’s Fee- payable on exchange of contracts. This is calculated as a percentage of the actual purchase price of the property. Either:

(a) 4.8% (including VAT) of the purchase price, for properties up to and including ?250,000

(b) 3.6% (including VAT) of the purchase price for properties sold for over ?250,000

The Buyer’s Fee is subject always to a minimum of ?6,000 (including VAT). The Buyer’s Fee does not contribute to the purchase price.







Deposit

On exchange of contracts, you must pay a non-refundable deposit equal to 5% of the actual purchase price of the property, subject to a minimum of ?5,000. The deposit contributes towards as part of the purchase price.







Payment Method

When you register to bid, you will be prompted to provide your payment details to Your Choice Auctions In the event that you are the winning bidder, your card will automatically be charged a proportion of the Buyer’s Fee & Deposit. The payment will be calculated based on the guide price of the property, in line with the fee scale described above. Where the actual purchase price is higher than the guide price, you will be required to pay the difference immediately after the end of the auction, which can be paid by debit card or bank transfer. Payment by cash or cheque will not be accepted.







Example: If you win the bid on a property with a guide price of ?150,000, but the actual purchase price is ?170,000. At this point your bid is successful you will be charged as follows:

Buyer’s Fee of ?7,200- 4.8% of guide price

Deposit of ?7,500- 5% of the guide price

As the actual purchase price amounted to ?170,000, after the auction, you will be required to pay the following additional amounts on top of the initial payment:

?960 for Buyer’s Fee shortfall (?8160 due as 4.8% of actual purchase price)

?1,000 for Deposit shortfall (?8500 due as 5% of actual purchase price)







Legal Pack

Before bidding, you must view the legal pack for the property. This is the collection of legal documents that apply to the sale. The documents will include but are not limited to: Special Conditions of Sale, title documents from the Land Registry and Energy Performance Certificate.

To view the legal pack, first search for the property on Your Choice Auctions’ website and click onto the property to view the property details. There will be a sub-heading ’Legal Documents’. Underneath this, you will be prompted to ’Log in to view the legal documents’. Follow this link, you will then be directed to create an account with Auction Passport to view the documents.

The legal pack can change at any time up until the auction starts so you must check for the most recent version of the legal pack. At the point of placing your bid, you are deemed to have read the legal pack in its entirety, including any changes. Failure to check for changes to the legal pack will not be a valid reason for withdrawing from the sale.

It is strongly recommended that you instruct a qualified professional to review the legal pack and raise any necessary enquiries before bidding.







Buyer Information about legal pack

If the Buyer Information Pack has been produced and provided by Your Choice any successful purchaser will be required to pay ?300.00 (including VAT) towards the cost of the preparation of the pack. These can then be used by your solicitor to progress the sale.







Special Conditions of Sale

The property is sold subject to any Special Conditions of Sale. These are contractual conditions that are included by the seller of the property - they are not part of Your Choice Auctions’ terms and conditions. The Special Conditions of Sale are legally binding. You are taken to have read and accepted these at the point of bidding, even if you have not done so. The Special Conditions of Sale are available to read in the legal pack.







Any successful buyer will pay this to secure the sale. **The reservation fee is in addition to the purchase price**. Please take this into account when bidding.

A reservation fee is payable by the buyer only when the seller chooses pay no fees to sell via this method. As sellers pay no fees to sell, this is usually taken into account with a lower reserve price as result.







This property is being sold under the Modern Method of Auction, which requires the completion of the purchase to be within 56 days, although all reasonable endeavors must be made to exchange contracts within 28 days following the Draft Contract being received by the Buyer's Solicitor. For More details please check with your solicitors.







A non-refundable Reservation fee must be paid by the buyer by 3pm on the same day following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the auctioneer who will issue an acknowledgement of reservation and purchase agreement in the 28 day period following the auction or the date of acceptance of the offer.







Buyer Other Fees to Consider

There are no other fees or charges payable to the Auctioneer however, there are other costs to consider such as:

? You will need a Solicitor to act for you during the conveyancing and your Solicitor will advise you in relation to the associated costs. If you do not have a Solicitor, we can recommend the services of one of our recommended Solicitors who are all selected prior for their expertise in Auction Transactions. Please call the number below for more information.

? Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland. Please click here for more information. Please check with your solicitor prior to bidding or placing the offer to plan your purchase.







Registration Process

To register to bid on the property, search for the lot on Your Choice Auctions’ website. Click onto the property, follow the link to ’Log in/register to bid’, and you will then be directed to create an account with the online-bidding platform provider, Offr.

Need More Information?







For further information or to speak to one of our team, please call 01274 493333. or email us on [email protected]





Services we offer and arrange:

? Residential Sales & Management

? Commercial Sales & Lettings

? Property Portfolio Management

Residential & Commercial Mortgages

? Property & Business insurance

? Property repairs of all types

? Accommodation reports for immigration.

Are you thinking of selling or even letting your property

Viewing arrangements



Strictly by prior telephone appointments with sole agents, Your Choice estate agents.


Opening hours Monday to Thursday 09.00am -05.30pm


Friday 09.00am -01.00pm and .03.00pm-05.00pm Saturday 10.00am -04.00pm


Are you thinking of selling or even letting your property!


Call us today on 01274 493333 for a FREE VALUATIUON without obligation

NO SALE OR LET ? NO CHARGE



For more details or to make an appointment please contact the above office at your earliest convenience.

All measurements are approximate and for illustrative purpose only. Photograph images are produced for general information, also it must not be inferred that any items shown in the picture are not included with the sale or letting of the property. Property sale or letting is offered upon these bases. Prospective clients are advised to inspect the property and commission with discretion and can obtain an expert report if one required. No person in the employment of your choice has any authority to make or give any representation or warranty whatsoever in relation to this property and no prospective purchaser should rely on any statements as being a representation or warranty.





Property Reference TOL-1HYH137554W



Shared Ownership: No