Property photos
Guide price
£85,000
(£8.61/sq. ft)
Block of flats for sale
Dale Street, Ossett WF59,870 sq. ft
Local area information
Property location
Nearby amenities
- Ossett Holy Trinity CofE VA Primary School 0.1 miles
- The Grange School (SEN) 0.3 miles
- Dewsbury 2.3 miles
- Batley 2.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
Location: Ossett is a market town in West Yorkshire with a population of circa 22,000 people. It is situated approx. 3.5 miles west of Wakefield, 3 miles east of Dewsbury and 1 mile west of Junction 40 M1 Motorway. Dale Street connects Wakefield Road to the town centre and Thornes House lies at the junction with Church Street.
Description:
Thornes House is a substantial church converted to provide 18 residential units comprising 3 x studio apartments, 11 x 1-bed flats and 4 x 2-bed flats. In addition there are 2 x commercial units to the ground floor currently used for a dog grooming business and a Chinese takeaway.
All the units have been sold on 125 year Leases with exception to the dog grooming unit, which is held on a 99 year Lease.
To the outside is a yard and car parking area.
Accommodation: Floor and site plans are included for identification purposes only. We have not inspected the accommodation nor tested any of the services.
Income: We are advised the current Ground Rent Income is £5,420.10 per annum.
The ground rents are subject to reviews of 15 years (14 x flats) and 10 years (4 x flats) calculated to the Retail Price Index (rpi).
Property management:
The Landlord runs the flat management company and the buyer will be required to acquire and run the management company. The current service charge payable on account is approx. £12,000 per annum subject to a balancing charge/credit. There is a further potential income stream with a management fee. Further details on request.
Council tax / rates:
All the residential flats are in Council Tax Band A. From the voa website, the 2017 Rateable Value for the Chinese Takeaway is rv £4,400 and dog grooming unit is rv £4,500.
VAT:
All figures quoted are exclusive of VAT, if chargeable.
Price: Offers invited in the region of £85,000 subject to contract for the Freehold Interest.
Description:
Thornes House is a substantial church converted to provide 18 residential units comprising 3 x studio apartments, 11 x 1-bed flats and 4 x 2-bed flats. In addition there are 2 x commercial units to the ground floor currently used for a dog grooming business and a Chinese takeaway.
All the units have been sold on 125 year Leases with exception to the dog grooming unit, which is held on a 99 year Lease.
To the outside is a yard and car parking area.
Accommodation: Floor and site plans are included for identification purposes only. We have not inspected the accommodation nor tested any of the services.
Income: We are advised the current Ground Rent Income is £5,420.10 per annum.
The ground rents are subject to reviews of 15 years (14 x flats) and 10 years (4 x flats) calculated to the Retail Price Index (rpi).
Property management:
The Landlord runs the flat management company and the buyer will be required to acquire and run the management company. The current service charge payable on account is approx. £12,000 per annum subject to a balancing charge/credit. There is a further potential income stream with a management fee. Further details on request.
Council tax / rates:
All the residential flats are in Council Tax Band A. From the voa website, the 2017 Rateable Value for the Chinese Takeaway is rv £4,400 and dog grooming unit is rv £4,500.
VAT:
All figures quoted are exclusive of VAT, if chargeable.
Price: Offers invited in the region of £85,000 subject to contract for the Freehold Interest.
More information
Listed by
.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Mawsons. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Mawsons for full details and further information.