Apartment, Silk Warehouse, Lilycroft Road, Bradford, BD9 5BD

*FOR SALE BY ONLINE AUCTION. STARTING BID £45,000. TERMS AND CONDITIONS APPLY*

STUNNING APARTMENT IN AN ICONIC URBAN DEVELOPMENT. PERFECT FOR INVESTORS SEEKING HIGH RETURNS. DON'T MISS THIS OPPORTUNITY!

Being sold via Secure Sale online bidding. Terms & amp; Conditions apply. Starting Bid £45,000

DPSH are thrilled to offer for sale this beautiful apartment in an iconic development by award winning developers, Urban Splash. This is a superb opportunity for an investor looking to add to their portfolio, with a high return to be generated immediately from completion with tenant in situ until 2025. Ideally positioned within walking distance of Bradford city centre, Bradford Royal Infirmary and within easy reach of the M62 motorway network.

Silk Warehouse is a popular and well-placed development which has been impeccably restored whilst retaining many of its original features including exposed brickwork and vaulted ceilings. The apartment offered for sale consists of a spacious open plan living area with several large windows providing plenty of natural light, a high-specification kitchen, a spacious double bedroom and bathroom with a three-piece suite and shower over bath.

There hasn't ever been a better time to invest in Bradford thanks to major regeneration projects underway following £52.6 million worth of funding from the Government. This regeneration includes £9 million for the One City Park office development, millions towards a new enterprise zone at Parry Lane and £3 million for the first phase of the "City Village" development. The plans will create almost 2,300 new jobs and in addition to this, according to Bradford City Council, the city's population will reach 565,000 people by 2030, which means there will be an increasing demand for rental properties such as this one.

Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as & 'The Auctioneer' This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law. 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 of the property. The deposit will be a contribution to the purchase price. A non- refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Council Tax Band: A Tenure: Leasehold