Summary - Apartment 7, Venue, 163 Harrogate Road BD2 3HA
2 bed 1 bath Flat
Ready-made rental income in a compact, low-maintenance apartment near local amenities.
Sold with tenant in situ producing £6,237 pa
This ground-floor two-bedroom apartment is geared firmly at investors seeking immediate rental income. It is sold with a tenant in situ on an assured shorthold tenancy producing £6,237 per annum, and the property offers straightforward, compact accommodation: open-plan kitchen/living room, two bedrooms, en suite and a house bathroom. Energy performance is reasonable (EPC C) and the building appears modern with allocated parking to the front.
Buyers must note this sale is via the Modern Method of Auction. An undisclosed reserve applies and buyers will pay non-refundable buyer fees including a reservation fee (4.5% of the purchase price, minimum £6,600) plus other administration costs. The transaction is subject to auction terms and a 56-day completion timetable; bidders should complete their own due diligence and confirm finance and legal arrangements before bidding.
Practical considerations: the flat is leasehold with a service charge (~£1,068 pa) and ground rent (~£339 pa). Heating is by electric room heaters and broadband speeds are reported slow. The property is small in footprint and located in an area with above-average crime statistics, which may affect long-term tenant demand. Positives include low council tax, allocated parking, nearby amenities and schools, and existing rental income — making this a clear readymade buy-to-let proposition for experienced investors comfortable with auction purchase mechanics.
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