Melrose Street & East Park Road, Halifax, West Yorkshire, HX3 5BZ

0 Bedroom End of Terrace
(Reservation Fee Applies - Read More)

Auction from: 28/01/2022 12:00am - to - 31/07/2022 12:00am

Current Highest Bid: £0

Initial Price: £100,000

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logo.JI

JI Estates

01274 533322

67 Bingley Rd, ,
Shipley,
West Yorkshire,
BD18 4SB

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Property Overview

  • For sale by Modern Method of Auction
  • Starting bids £100,000 plus reservation fee
  • Investment opportunity
  • Two (currently let) self contained flats
  • Convenient location close to Halifax Town Centre
  • Further terms and conditions apply to the sale, please enquire

Property description

Tenure: Please confirm if this is a freehold or leasehold property with JI

Being offered as a combined lot and being sold by Modern Method of auction are 5 East Park Road and 30 Melrose Street, which effectively forms a corner end terraced having been converted into two separate self contained flats with separate address and titles. Our instructions are that the property is to be sold with currents tenants in situ and to include the freehold title arrangement.


The flats are arranged as 5 East Park Road, a two bedroom flat with its own entrance, occupying the first and second floors. Currently rented on an assured short hold tenancy for £495 per calendar month.


30 Melrose Street, a studio bedsit with own entrance, occupying the ground floor (and access to basement). Currently rented on an assured short hold tenancy for £350 per calendar month.

 

Starting Bid and Reserve Price

*Please note this property is subject to a reserve price which is generally no more than 10% higher than the starting bid, both the starting bid and reserve price can be subject to change. T&C's apply to the online Modern Method of Auction, which is powered by Advanced Property Auctions.

Auctioneer's Comments

This property is for sale by the online Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction allows the purchaser 28 days to achieve exchange of contracts from the date the buyer's solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the sale and takes the property off the market. Fees paid to the Auctioneer are in addition to the price agreed. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to a reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. T&C'S apply to the online Modern Method of Auction, which is operated and powered by Advanced Property Auction. 

Energy Performance Certificate (EPCs)

Energy Performance Certificates (EPCs) give information on how to make your home more energy efficient and reduce your energy costs. All homes bought, sold or rented require an EPC. EPCs carry ratings that compare the current energy efficiency and estimated costs of energy use with potential figures that your home could achieve. Potential figures are calculated by estimating what the energy efficiency and energy costs could be if energy saving measures were put in place. The rating measures the energy efficiency of your home using a grade from ‘A’ to ‘G’. An ‘A’ rating is the most efficient, while ‘G’ is the least efficient. The average efficiency grade to date is ‘D’. All homes are measured using the same calculations, so you can compare the energy efficiency of different properties.

Disclaimer

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firm's employment has the authority to make or give any representation or warranty in respect of the property.