13-15 Knaresborough Road, Harrogate, HG2 7SR
£30,000
Investment
Key Features
- Block of 6 apartments on an attractive mixed use parade
- Located in the centre of Harrogate
- Ground rent income reported at £1,650 pa
Part of the
12 December 2019
auction
Nottingham Racecourse
at
2.30PM
Ground Rent Investment: Sale of freehold relating to 6 apartments. Ground rent income: £1,650 per annum.
- Ground rent investment sale
- Block of 6 apartments within an attractive mixed use parade
- Four x 2 bed flats & two x 1 bed flats
- Located in the centre of Harrogate
- Ground rent income at £1,650 per annum
- Each apartment sold on 150 year leases
- Rent reviews every 25 years
- Highly sought after ground rent investment opportunity
This is a ground rent investment only and as such no viewings will be conducted
Fees
A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.
Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.
Conditions of Sale
The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.
The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.
Freehold - refer to legal pack (ground rent investment only)
Email: hthornton@lcf.co.uk
Telephone: 01274 386 597