Auction Property 1 Bed Studio 

Westgate Loft, Old Westgate, Dewsbury

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Features

  • Auction Date: 28th – 29th October 2020
  • Sale by Joint Fixed Charge Receivers
  • Studio Apartment
  • Approx. gross internal Area – 473ft2
  • Requires refurbishment
  • Town Centre Location
  • Close to Travel Links
  • Long leasehold - please see legal pack
  • Potential rental income: £300 - £325 pcm
  • Opportunity to add value

Quick Details

1 Bedroom

Address

Westgate Loft, 5 78 Old WestgateDewsburyWF13 1NF
Details
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Property Details

•Auction Date: 28th – 29th October 2020
•Guide Price: £20,000+
•Sale by Joint Fixed Charge Receivers
•Sold with vacant possession
•Approx. gross internal Area – 473 ft2
•Requires refurbishment

•Auction Date: 28 & 29 October 2020
•Guide Price: £20,000+
•Studio apartment
•Requiring refurbishment throughout
•Town Centre Location

A studio apartment in the centre of Dewsbury. Once refurbishment works have been completed, we expect the studio will generate a rental income in the region of generating around £300 - £325 pcm. The building was converted in 2007 and offers residents modern accommodation within easy reach of the town centre.

Dewsbury is a market town in West Yorkshire situated on the River Calder.

The town has a rich history within the textiles industry with a number of the historic woollen mills having now been converted into residential and commercial real estate investments.

Accomodation

Total - 473ft2 (taken from EPC)

Services

We understand the property to have mains electricity, water and drainage. Interested parties should make their own investigations.

Tenure

Long Leasehold - please see legal pack.

Guide Price

£20,000+

Council Tax

The property is rated in Council Tax Band A.

buyers premium

2% (minimum £3,600) Inc VAT

Investment Analysis

This studio apartment has the potential to generate a monthly rental income of £375-£400.

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