Silk Warehouse, ., Bradford, West Yorkshire, BD9 5BD

Property Details: • Type: Apartment • Tenure: Leasehold • Floor Area: N/A

Key Features: • Being Sold via Secure Sale online bidding. Terms and Conditions apply. • With tenant currently paying £575PCM • DOUBLE GLAZING and ELECTRIC STORAGE HEATING • UTILITY cupboard with FREESTANDING WASHER DRYER • A ONE bed 545 Sq ft SECOND floor apartment set within an ICONIC GRADE 11* LISTED MILL CONVERSION • Integrated FRIDGE/FREEZER, FAN ASSISTED OVEN and HALOGEN HOB with EXTRACTOR OVER • Many ORIGINAL FEATURES including VAULTED ceilings and EXPOSED FRONT walls

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: Kingfisher Way Silverlink Business Park Wallsend NE28 9NY

Full Description: To be sold with tenant in situ. 12 month AST expires on 17th December 2025 Investment: Currently producing £6,900PA with a 12-15% yield.

The apartment is set within what was once the world's largest silk mill. Lister Mills is a stunning collection of Grade II Listed mills and warehouses which dominate the Bradford skyline. When built, The Times proclaimed that the Mills were as 'breathtaking as Versailles' - to this day it still manages to take your breath away

GROUND FLOOR

COMMUNAL ENTRANCE With fob/mobile access to the communal door and having a lift/staircase to upper floors and post box.

SECOND FLOOR

HALLWAY Downlights. Timber effect floor finish.

UTILITY CUPBOARD Housing washer/dryer and cylinder.

BATHROOM - 4' 7" x 7' 6" (1.40m x 2.31m) Feature exposed ceiling. Mosaic effect tiled walls. Three piece bathroom suite with WC, wash hand basin and panelled bath with shower over. Towel heater, vanity mirror and plinth. Slate effect floor finish.

BEDROOM ONE 9' 3" x 12' 7" (2.82m x 3.84m) to wardrobes Feature exposed ceiling and brick/sandstone to the front elevation. Electric wall heater, recessed light, telephone point and a double glazed window to the courtyard side. Built-in wardrobes. Timber effect floor finish.

LIVING ROOM/KITCHEN 22' 9" x 14' 11" (6.95m x 4.57m) Feature exposed ceiling and brick/sandstone to the front elevation. Two double glazed windows to the courtyard side and two electric heaters. Telephone, television and satellite points. A range of wall and base units in a high gloss grey finish with integrated 'Smeg' appliances to include halogen hob, electric fan assisted oven and a fridge/freezer. Extractor over hob. Timber effect floor finish.

PARKING Parking is on street

OTHER INFORMATION

COUNCIL TAX Online enquiries confirm the council tax band as 'A' which is £1,353.75 for 2024/25.

EPC The EPC rating is 'D'

LEASE The lease length is 150 years (less 10 days) from 05 September 2003

Service Charge - approx £2,098.33 per annum.(£524.58 per quarter) Ground Rent - approx £202 per annum

* Figures are from 2023 statement and should be verified by your legal advisors including what services are included within the charges.Council Tax Band: A Tenure: Leasehold Length Of Lease: 128 Annual Ground Rent Amount: £202.00 Annual Service Charge Amount: £2,098.00Auctioneers Additional CommentsPattinson 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 lawAuctioneers Additional CommentsThe 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 CommentsIn 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 of 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.BrochuresBrochure