Property & Houses For Sale: Otley Road, Bradford | Robert watts

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Property description

For sale by Modern Method of Auction Starting Bid Price £32,500, plus Reservation Fee. Purpose built APARTMENT currently providing ONE BEDROOM accommodation. Most convenient location, handy for local schools, amenities along with access to the City Centre and the Ring Road. The Lunar development offers secure access accommodation and is popular with both owner occupiers and buy-to-let investors. Contact Robert Watts to arrange YOUR viewing TODAY.

Leasehold information

Our reasearch shows a 99 year lease was granted in January 2006. Current service charge is understood to be £832 per annum and ground rent of £500 per annum. This information should be verified with your Solicitor prior to proceeding.

Auction terms

This property is for sale by the Modern Method of Auction. Should you view, offer, or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability, and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. You may be recommended services by the Agent/IAM-Sold. Recommended services are optional and the Agent or IAM-Sold will receive payment from the provider where recommended services are taken. As such you should consider your options before accepting recommended services.