Skipton Road, Keighley, West Yorkshire, BD20

ATTENTION INVESTORS! A rare opportunity to purchase a substantial terraced property comprising of EIGHT STUDIO APARTMENTS Currently TENANTED and offering investors a 12% YIELD. The FREEHOLD will also be included in this sale.

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An ideal investment opportunity This substantial freehold property set over four floors comprising of eight strudio apartments and a communal laundry. This property is fully tenanted and provides the landlord with a 10% yield

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The property is positioned in Skipton Road, just on the edge of Cliff Castle Grounds and offers views of the Aire Valley. The units are on the fringe of Keighley Town, located on the main bus route with Airedale General Hospital nearby too. Skipton & The Yorkshire Dales are also within easy reach. The property is well placed for access to nearby towns and cities and rail connections getting any professionals to London if required. There is a commercial centre a short walk away offering various food outlets, mini marts and Keighley leisure centre. The rooms are all self contained with an open plan lounge/bedroom/kitchen area and their own ensuite shower room. The property is freehold and rents for £41,600pa.

EPC Ratings
228a - Rating C 228b - Rating C 228, Flat 1 - Rating C 228 Flat 2 - Rating C 228 Flat 3 - Rating D 228 Flat 4 - Rating D 228 Flat 5 - Rating D 228 Flat 6 - Rating C

Auctioneers Comments
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 Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers 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 4.5% 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 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.