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Gillygate, Pontefract


Guide Price £29,950

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Overview

Terraced House for sale in Gillygate, Pontefract

For sale by Modern Method of Auction; Starting Bid Price £35,000 plus Reservation Fee is this freehold property within the popular residential area of Pontefract.

15a Gillygate is a terrace property, currently unoccupied and in need of modernisation. Offering potential to convert (subject to planning) this development is located in the heart of Pontefract town centre close to a full range of local amenities. Easy access is also available to recreational facilities such as leisure centres, Xscape Castleford, local golf courses and Pontefract Park with its 1300 acres of parkland, lakes and woodland.

The property further benefits from having a courtyard to the rear offering multiple off street parking. Available with no onward chain and located within a sought after area an internal viewing is highly recommended to appreciate what this development has to offer. For further information regarding this property please contact Pontefract Estate Agents, Enfields.

This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 56 days to achieve exchange and complete. The 56 days will commence from the date that the buyers solicitors are in receipt of the draft contract. Allowing the additional time to exchange and complete 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 4.2% subject to a minimum of £6,000 incl VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment 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 Legal 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 an undisclosed 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. Terms and conditions apply to the Modern Method of Auction, which is operated by the West Yorkshire Property Auction powered by iam-sold Ltd.

**COMMERCIAL PROPERTY IDEAL FOR AN INVESTORS** **RARE FREEHOLD PROPERTY WITH PARKING FOR MULTIPLE CARS** NO CHAIN ** For sale by Modern Method of Auction; Starting Bid Price £35,000 plus Reservation Fee. Two reception rooms over two floors in town centre location. Ideal for an investor/developer with potential to convert (subject to planning). Multiple off street Parking. Contact Enfields Estate agents for more information.

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Key Info

  • Commercial Property
  • For Sale by Auction – T & C’s apply
  • Prime Central Location
  • Car Parking Included
  • Potential To Convert (Subject to Planning)
  • Ideal Purchase for an Investor
  • Freehold Property In Need of Refurbishment
  • Subject to an Undisclosed Reserve Price
  • Reservation Fee Applicable
  • The Modern Method of Auction

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Amount Borrowed: £200,000
Term: 25 years
Interest rate: 3.5%
Total Monthly Payment:
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Total amount repayable:
£300,374
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