Worsted House, East Street Mills, LS9 8ER

Being Sold via Secure Sale online bidding with a starting bid of £60,000. Terms and conditions apply.

Situated within the Grade II listed East Street Mills development, this ground floor studio apartment combines original industrial features with a convenient location close to Leeds city centre.

East Street Mills is a former textile and flax mill of red brick construction, retaining many original architectural features. The apartment reflects the building's industrial heritage with exposed original brickwork, high ceilings and large feature windows, together with an open-plan studio layout.

The accommodation is presented in good condition throughout and is offered with vacant possession, making it an attractive option for investors and cash buyers. The property has a potential rental income of approximately £725 per calendar month and benefits from a reasonable service charge.

The property is conveniently positioned for Leeds city centre, with Leeds Dock, Brewery Wharf and The Calls all nearby. These popular areas provide a good selection of restaurants, bars and leisure facilities, together with attractive waterside surroundings.

WORSTED HOUSE Situated within a gated development, with a communal entrance providing individual residents' mailboxes.

HALLWAY 7' 8" x 3' 10" (2.35m x 1.19m) Entrance hallway with wood-effect flooring and a useful storage cupboard housing the hot water cylinder.

OPEN PLAN LIVING / BEDROOM AREA 16' 2" x 10' 10" (4.95m x 3.32m) Spacious open-plan living and bedroom area featuring exposed brickwork, spot lighting, double-glazed windows and two electric heaters.

KITCHEN 9' 5" x 7' 3" (2.89m x 2.23m) Fitted kitchen with a range of wall and base units, work surfaces and integrated electric oven, hob, fridge with freezer compartment and washer/dryer.

SHOWER ROOM Modern shower room comprising a shower enclosure, wash hand basin and WC, with spot lighting and a heated towel rail.

PROPERTY INFORMATION Service charge £791.48 pa Ground rent £250 pa (reviewed every 10 years by RPI - next due 2028) Tenure: Leasehold Lease Term: 125 years from and including 1 July 2008

Local Authority: Leeds Council Tax Band: B (Annual Price:£1,776) Conservation Area: CENTRAL AREA - EASTERN RIVERSIDE Flood Risk: Very low Floor Area: 290 ft 2 / 27 m 2 Mobile coverage: EE, Vodafone, Three, O2 Broadband: Ultrafast 5500 Mbps Satellite / Fibre TV Availability: BT, Sky (information correct on 13.10.26 - Source: Sprift)

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.

The 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 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 up to 6% inc VAT (subject to a minimum which could be up to £7,200 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.