Water Lane, Leeds, West Yorkshire, LS11 5QT
Online auction
We are pleased to present this stunning, furnished one bedroom apartment located on the 13th floor of the iconic Bridgewater Place. A 32-floor skyscraper located just south of Leeds train station, Bridgewater Place is a mixed-use development, with on-site facilities including a gym, Tesco Express and Starbucks, as well as a concierge, and is only a short walk into the city centre.
Monthly Rental Income: £725pcm
Annual rental income: £8,700.00
Service charge cost: approx £650 per quarter
Annual ground rent cost: £370.03 per year
LIVING ROOM – As you enter the flat via the hallway, you are greeted by the quirky open plan living space. Decorated with wooden laminate flooring and white walls, the room boasts large wall-to-wall windows that offer spectacular views over the city below and beyond. Access is also made available to the bedroom, via a curved wall fitted with three opaque windows. The flat includes a sofa, coffee table, TV stand and desk.
KITCHEN/DINER – The compact kitchenette is tucked away and has a range of white high gloss cupboards, with complementary white stone effect work tops. High end appliances include a fridge with freezer box, two pan hob, microwave and oven for your convenience. A bar table and stools provides space for dining.
BEDROOM – The bedroom, which can be accessed from the entrance hall and is also open to the living space, is bright and airy. With a built-in wardrobe providing both hanging space and additional storage, benefiting from mirror doors as well, the bedroom also comes with a double bed, mattress, bedside table, shelves and a TV. A blind in the opening into the living area can be pulled down to block sunlight, ensuring a peaceful night.
SHOWER ROOM – The shower room, located by the front door, is fully tiled, with a modern, high-quality white suite, consisting of a W/C, wash basin and mixer-controlled shower. Also included is a heated towel rail and large wall mounted mirror.
HALLWAY & STORAGE CUPBOARD
In the hallway, a large storage cupboard houses a washing machine and hot water cylinder/boiler for convenience with additional space for belongings.
Length of Lease: 231
Annual Ground Rent Amount: £370.00
Annual Service Charge Amount: £2,600.00
Service Charge Review Period: Quarterly


This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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