Guide price
£225,000
5 bed semi-detached house for saleOld Lane, Beeston, Leeds LS11
5 beds
2 baths
1 reception
EPC Rating: D
- Auction
Pattinson - Auctions
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About this property
Being Sold via Secure Sale Online Bidding. Terms & Conditions apply.
Substantial 4/5 Bed Semi Detached House
Multiple Reception Rooms
Scope for Further Development
Rear Extension
Generous Rear Garden with Outbuilding
Close to Local Amenities
Previously Let as a 5 Bedroom HMO
Not in Article 4
Summary
A substantial family home located within a popular area of Beeston, boasting 4/5 bedrooms, multiple reception rooms including a rear extension, 2 bathrooms and a sizeable rear garden.
Absolutely ideal as a flip investment or as a home for a multi-generational family; this property is in need of some refurbishment however with the right vision and work, could become the most fabulous family home, with further scope to extend to the side STP.
This property is not located within article 4 so there is also scope for development as a HMO, subject to relevant permissions and licensing.
Located within close proximity to motorway links such as the M62 and M1 the property is well suited to those looking to commute. There is also a good selection of local primary and secondary schools in addition to a variety of local amenities.
Please note: Some photos were taken prior to current occupancy.
Interior
Ground Floor
The property is accessed via a front door opening onto a generous entrance hallway. From here can be accessed a front reception room (currently tenanted), a rear reception room with attractive views out to the garden, and a kitchen. From the kitchen an rear corridor leads down to a downstairs bathroom within a rear extension and a further reception room (also suitable as a bedroom) situated at the back of the property with patio doors which lead directly out to the rear garden.
First Floor
Stairs from the entrance hallway rise to the first floor landing where can be found 4 well proportioned bedrooms plus another bathroom.
Exterior
To the rear of the property and accessed via sliding doors from the extension reception room is a very generous garden which extends to the side of the property. The garden is mainly laid to lawn with a large, paved patio to one end housing an outbuilding - currently used for storage.
To the front is an enclosed garden which includes a selection of mature shrubs and trees. There is scope to create a driveway (subject to relevant permissions) as demonstrated by neighbouring properties. The is ample on street parking to the front of the property.
Tenancy information
As a 5 Bedroom HMO, the property was receiving an annual rental income of 2205 (excluding bills).
Room 1: 475 pcm
Room 2: Not occupied - Used as a reception room
Room 3: 420 pcm
Room 4: 450 pcm
Room 5: 460 pcm
Room 6: 400 pcm
Council Tax Band: C
Tenure: Freehold
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
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