Cedar Court Hotel, Bradford, BD5 8HW th June 2012 at 6

Property Auction Event

Thursday 14th June 2012 at 6.30pmCedar Court Hotel, Bradford, BD5 8HW

DirectionsLeave the M62 at junction 26, following the signs to

the M606, Bradford. At the end of the M606, take the

3rd exit off the roundabout – the A6177, Mayo Avenue

towards Bradford. Take the first sharp right at the traffic

lights, and the hotel is situated on the left.

ParkingHotel car parking is free to all auction attendees.

Hotel InformationOne of the largest, AA 4-stars independent and purpose

built Conference and Banqueting venues in the North,

Cedar Court Hotel Leeds - Bradford is ideally located

right at the heart of the M1/M62 motorway network.

Hotel Facilities- 131 freshly refurbished en-suite bedrooms ideal for

business or leisure.

- Free Wifi in all bedrooms

- Award winning Four Seasons Brasserie, delivering

locally sourced Yorkshire produce.

- Free on-site, fully illuminated 500 space car park.

Auction VenueCedar Court Hotel, Bradford

2

Cedar Court Hotel, BradfordMayo Avenue, Rooley LaneBradfordBD5 8HW

T: 0845 4090418 www.cedarcourthotels.co.uk

Registration at 6.30pmAuction begins at 7.00pm

The West Yorkshire Property AuctionThursday 14th June 2012

We are looking forward to our June event where we offer for sale 36 properties with a capital value in excess of £2,700,000. The brochure has a broad selection of stock from across the region offered for sale in partnership with our substantial network of agents. Following the success of our first two auctions with an average conversion rate of 86%, we look to continue our sales rate for over the course of the remaining auctions this year and hope to continue to introduce new agents to the partner agent network. We offer an unrivalled solution for any individual who is looking to sell across the region offering both physical and online facilities. We operate the Modern Method of Auction which allows buyers and sellers a longer time frame to exchange and complete thus providing ample time for arranging finance and the necessary due diligence. We offer a range of lots which we hope will cater for a wide range of buyers including the local investor and first time buyers. Lot one available through Maxwells in Saltaire saw a massive 12 viewings in the first weekend of marketing and will be an exciting lot to watch in the room. We also have a piece of land at Wellands Lane which has a starting bid of £1 and will sell to the highest bidder on the evening. For any agents, vendors or buyers that would like to discuss anything related to our auction facility please don’t hesitate to call us to see how we can help you. I look forward to seeing you all on 14th June at The Cedar Court Hotel, Bradford.

Regards

Tom BaileyAuction DirectorThe West Yorkshire Property Auction

3

Auction Day ProcedureThe Modern Method of Auction

RegistrationYou will require photographic I.D. to obtain a buyer card to enable you to bid at a property auction. If you

intend to bid please remember to bring with you your catalogue, debit/credit card or bankers draft for your

reservation fee and some form of identification – such as drivers licence, passport, credit card etc. Please also

bring the contact details of the solicitor you intend to use, or contact us for a quote as there will be a solicitor

present.

TimingThe lots will be sold in order as catalogued. Allow approximately 3 minutes per lot as a guide. Therefore lot ten

should be offered for sale at approximately 7.30pm

Bidding for your lot When the auctioneer announces your lot he will also bring to your attention any last minute items which you

should be aware of. He will also read the full address of the property, so please double check before bidding

that this is the lot that you are interested in. The current lot number is usually displayed with a photograph on

screens at the front of the room. The auctioneer will invite bids at a particular level and you can make this bid

by raising your paddle, hand or catalogue. If you wish to make a bid other than the auctioneer calls for, please

shout out your bid and the auctioneer may or may not accept it. The property will be ‘knocked down’ to the

highest bidder – but not until the auctioneer warns you by saying ‘going, going, gone’. Never delay until the last

second with your bid – you may lose it. Remember, there may be 200 people in the room and unless your bid

is clear the auctioneer may not see you.

On the fall of the hammerIf you are the successful bidder a member of the auction team will approach you and ask you to follow them

to the sales room. You will be then asked to provide a reservation fee or deposit as detailed in the Glossary of

Terms. Each property will be clearly marked so you will know whether or not a reservation fee or deposit will

be payable. We will then prepare the acknowledgement of reservation form for you to sign using the details

provided. Exchange will usually take place 28 days later under the supervision of your solicitor. Please do not

leave the auction room without paying your deposit and signing the contract.

What if the lot I want is unsold?If a lot fails to reach its reserve in the room and you wish to buy it, ensure you register your highest bid with us

before you leave the room. We will contact the vendor and ask them for their instructions and contact you if

we think that a sale after the auction is negotiable. Alternatively call us in the office after the sale.

4

124 Walden Drive, Bradford, West Yorkshire

25 Bierley Hall Grove, Bradford, West Yorkshire

14 Low Ash Avenue, Shipley, West Yorkshire

8 Walker Street, Cleckheaton, West Yorkshire

9a Chapel House Road, Bradford, West Yorkshire

77 Evans Tower, Bradford, West Yorkshire

7 Granville Court, Dewsbury, West Yorkshire

752 Leeds Road, Dewsbury, West Yorkshire

33 Howard Park, Cleckheaton, West Yorkshire

236 Wakefield Road, Bradford, West Yorkshire

1 Princes Street, Bradford, West Yorkshire

183 Rhodesway, Bradford, West Yorkshire

3 Lyndhurst Grove, Allerton, Bradford, West Yorkshire

102 Main Street, Bingley, West Yorkshire

57 Leeds Road, Liversedge, West Yorkshire

2 Myers Lane, Bradford, West Yorkshire

5 Allen Croft, Birkenshaw, Bradford, West Yorkshire

4 Brow Wood Crescent, Bradford, West Yorkshire

1 Park Street, Gomersal, Cleckheaton, West Yorkshire

236 Oxford Road, Gomersal, Cleckheaton, West Yorkshire

93 Providence Court, Dewsbury, West Yorkshire

538 Sticker Lane, Bradford, West Yorkshire

Bodyshop, Well Lane, Batley, West Yorkshire

27 Stradmore Road, Denholme, Bradford, West Yorkshire

50 Denby Dale Road, Wakefield, West Yorkshire

6 Thornhill Drive, Shipley, West Yorkshire

76 Almondbury Bank, Huddersfield, West Yorkshire

3 Crownest Terrace, Dewsbury, West Yorkshire

Apartment 60, Colonial House, Bradford, West Yorkshire

22a Church Street, Heckmondwike, West Yorkshire

17 St Georges Court, Wakefield, West Yorkshire

290 Keithley Road, Bradford, West Yorkshire

113 Carr Bottom Avenue, Bankfoot, West Yorkshire

21 Long Meadows, Bradford, West Yorkshire

29 Lee Road, Dewsbury, West Yorkshire

Plot 155 Wellands Lane, Cleckheaton, West Yorkshire

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

£50,000

£144,995

£90,000

£45,000

£150,000

£20,000

£99,950

£42,500

£40,000

£95,000

£39,950

£119,950

£150,000

£50,000

£95,000

£75,000

£39,950

£75,000

£69,950

£55,000

£79,950

£69,950

£19,500

£49,950

£117,000

£65,000

£29,950

£24,950

£45,000

£80,000

£65,000

£85,000

£55,000

£150,000

£90,000

£1

Order of SaleCommencing 7pm

Lot Property Starting Bid Agent

Maxwells

Robert Watts

Robert Watts

Robert Watts

Robert Watts

YM Roebuck Residential

Whitegates

Holroyd Miller

Coubrough & Co

Kath Wells

WW Estates



Homes Express

Coubrough & Co

Robert Watts

Robert Watts

Robert Watts

Barkers Estate Agents

Barkers Estate Agents

Whitegates

Robert Watts

Holroyd Miller

Whitegates

Holroyd Miller

Robert Watts

Cornerstone Estate Agents

Whitegates


Robert Watts

Local Properties

Robert Watts

Robert Watts

Robert Watts

Whitegates

Coubrough & Co

Order of SaleCommencing 7pm

Lot Property Starting Bid Agent

5

Online PropertiesThe Modern Method of Auction

Starting Bid+ £90,000• 2 Bedrooms• Detached Bungalow• Front & Rear Gardens

Call 01274 693737

Starting Bid+ £55,000• 1 Bedroom• Terraced House• Ideal First Time Buy

Call 01274 614804

41 Acaster DriveLow Moor

24 King StreetSkelmanthorpe

29 Moffat CloseBradford

2 Thornfield SquareBradford

Starting Bid+ £35,000• 2 Bedrooms• Ground Floor Flat• Front Garden

Call 01274 606167

Starting Bid+ £69,950• 2 Bedrooms• Weavers Cottage• Great Location

Call 01484 865646

Following the success of the first two auctions we are looking forward to the June event. Having now sold a wide range of properties through The Modern Method of Auction we are fully committed to offering this as an alternative sale method to our current and future clients. A property to look out for is a new instruction just round the corner from our Birkenshaw office at 5 Allen Croft.John Watts (Robert Watts)

Having entered properties into the April Auction we are pleased to offer another four in the June Auction. We are really keen to see how the bidding finishes on 29 Lee Road which has had a number of pre auction offers. Paul Bottomley (Whitegates, Dewsbury)

We are delighted to offer LOT 1 in the June Auction located at 124 Walden Drive. Viewings have been frantic on the property leading up to the live event and we are hoping to achieve a great price for our client Andrew Kaznowski (Maxwells)

5 Chapel House RoadLow Moor

6 Fenby GroveBradford

20 Ashbourne GarthBradford

14 Park House Drive Dewsbury

Starting Bid+ £109,950• 3 Bedrooms• Semi-Detached House• Viewing Recommended

Call 01274 601119

Starting Bid+ £110,000• 4 Bedrooms• End of Terrace House• Garage

Call 01274 306611

Starting Bid+ £99,950• 3 Bedrooms• Semi-Detached House• Ideal Investment

Call 01274 614804

Starting Bid+ £89,950• 2 Bedrooms• Detached Bungalow• Front & Rear Gardens

Call 01924 468323

36 Merrivale RoadAllerton

4 Birksland MoorBirkenshaw

136 Regency Court Bradford

64/64a Wakefield Road Dewsbury

Starting Bid+ £47,500• 3 Bedrooms• End Town House• Front & Rear Gardens

Call 01274 733644

Starting Bid+ £74,950• 2 Bedrooms• Mid-Townhouse• Front & Rear Gardens

Call 0113 2879344

Starting Bid+ £29,950• 3 Bedrooms• Upper Floor Apartment• Allocated Parking

Call 01274 733644

Starting Bid+ £50,000• Has Previously been 3 Flats• End Terrace• Ideal Investment Opportunity

Call 01924 465671

6

01274 649 684www.westyorkshirepropertyauction.co.uk

We are now taking entries for ourSummer 2012 Auction

Auc onswithout anyfees to pay


We are now taking entries for ourSummer 2012 Auction

Auc onswithout anyfees to pay

LOT 1

Two Bedrooms · Semi-Detached Property · Front & Rear Gardens · Good Sized Garage

LOT 2

Two Bedrooms · Detached Bungalow · Conservatory & Garage · Gas Central Heating

124 Walden DriveBradfordWest YorkshireBD9 6JX

This two bedroom semi-detached property benefits fromdouble glazing, gas wall heaters, front & rear gardensand a garage with a driveway for 2+ cars. This propertyoffers no chain and is an ideal investment with a rentalincome at around £425-450pcm.

Starting Bid: £50,000

Previous List Price: new to market

Baildon: 01274 809191

25 Bierley Hall GroveBradfordWest YorkshireBD4 6DH

This detached bungalow briefly comprises of front porch,hall, lounge, kitchen, conservatory, two bedrooms &bathroom. It benefits from gas central heating and uPVCdouble glazing and is situated in a quiet cul-de-saclocation.


Previous List Price: £159,950

Birkenshaw: 01274 689589

8

LOT 3

Two Bedrooms · Semi Detached House · No Upward Chain · Gardens and Parking

LOT 4

One Bedroom · Gas Central Heating · UPVC Double Glazing · Opportunity For First Time Buyer

14 Low Ash AvenueShipleyWest YorkshireBD18 1JJ

Offering no chain for sellers this is a great opportunity topurchase a well presented semi detached property inpopular location. Benefits include gas central heating,uPVC sealed unit double glazing, gardens and parking.



Highfield: 01274 614804

8 Walker StreetScholes CleckheatonWest YorkshireBD19 6EQ

A superb opportunity for first time buyer or investor topurchase this one bedroom through-by-light terrace whichbenefits from gas central heating, uPVC double glazingand a paved garden area. The property is offered with nochain.



Cleckheaton: 01274 878878

9

LOT 5

Four Double Bedrooms · Detached Property · Tucked Away Plot · Ample Gardens

LOT 6

Two Bedrooms · Upper Floor Apartment · Commanding Views · Convenient Location

9A Chapel House RoadLow Moor, BradfordWest YorkshireBD12 0HN

This property will appeal to a wide variety of buyers andcurrently can be used as a Bungalow as the majority ofrooms are all at ground floor level or an individual familyhome with four bedrooms.



Wibsey: 01274 601119

77 Evans TowersBradfordWest YorkshireBD5 0QX

A delightful upper floor appartment situated in theconvenient location close to Bradford City Centre. Theproperty briefly comprises of hallway, lounge, kitchen, twobedroom, bathroom and separate W/C. Enjoyingcommanding views across the city.



Bradford: 01274 733644

10

LOT 7

Three Bedrooms · End of Terrace · Generous Family Home · Enclosed Rear Garden

LOT 8

Two Bedrooms · Terraced House · Gas Central Heating · Double Glazing · Required Upgrading

7 Granville CourtDewsburyWest YorkshireWF13 2NL

With generous accomodation over three floors and within5 mins walk of the train station connecting Leeds &Manchester is this three bedroom modern end townhouse offered with no chain and includes all the modernfeatures.



Dewsbury: 01924 468323

752 Leeds RoadDewsburyWest YorkshireWF12 7QL

Stone built mid-terraced property occupying a prominentcorner position in the popular village of Shaw Cross onthe outskirts of Dewsbury with easy access to themotorway network. Offering an excellent opportunity forthe first time buyer.



Dewsbury: 01924 465671

11

LOT 9

One Bedroom · Traditional Through Terrace · Gas Central Heating · Double Glazing

LOT 10

Two Bedrooms · Stone Cottage · Double Glazing · Gas Central Heating · Auction Pack Available

33 Howard ParkCleckheatonWest YorkshireBD19 3SF

A well presented traditional through terrace situated withineasy walking distance of Cleckheaton town centre. Theproperty briefly comprises of entrance, lounge, kitchen,one first floor bedrooms and house bathroom.




236 Wakefield RoadBradfordWest YorkshireBD11 1ED

Stone built two bedroom middle terraced cottage stillretaining much of the Old Charm and situated in a verypopular residential area of Drighlington close to amenitiessuch as shops, schools and bus routes / transport links tosurrounding areas.



Wortley: 01132 311033

12

LOT 11

Two Bedrooms · Terraced Property · Through by Light · Front & Rear Gardens · Auction Pack Available

LOT 12

Three Spacious Bedrooms · Bay Fronted Semi Detached Property · Popular Location · Gardens To Three Sides · Garage & Parking To

Rear

1 Princes StreetBradfordWest YorkshireBD6 2HA

This 'through by light' end terraced property benefits fromuPVC double glazing and gas central heating. Theaccommodation briefly comprises of entrance porch,lounge, small kitchen, cellar and to the first floor twobedrooms and the house bathroom.



Wibsey: 01274 693737

183 RhodeswayBradfordWest YorkshireBD8 0DA

Traditional style semi detached property enjoys anexcellent degree of privacy with gardens that extend tothree sides and a detached garage with additional offroad parking to the rear.



Heaton: 01274 733644

13

LOT 13

Three Bedrooms · Detached Property · Driveway Garage And Gardens · Viewing Recommended

LOT 14

Investment Opportunity · Residential Development · Dedicated Rear Entrance · Great Location

3 Lyndhurst GroveAllerton BradfordWest YorkshireBD15 7AS

Deposit

A well presented and tastefully decorated detachedproperty situated in this popular residential area. Itbenefits from gas fired central heating and doubleglazing.



Heaton: 01274 733644

102 Main Street BingleyWest YorkshireBD16 2JH

Residential development 4 x apartments to be created, 2x 2 bedroom and 2 x 1 bedroom - Over 1st, 2nd and atticlevels. The property comprises part of a 2/3 storeyterraced building of stone construction.



Shipley: 01274 594040

14

LOT 15

Two Bedrooms · Detached Bungalow · Front & Rear Gardens · Driveway & Garage

LOT 16

Three Bedrooms · Semi-Detached House · uPVC Sealed Unit · Double Glazing

57 Leeds RoadLiversedgeWest YorkshireWF15 6JA

This double bay fronted true bungalow offers wellproportioned accommodation with two bedrooms,bathroom, separate lounge, dining and kitchen area.Externally the bungalow has gardens to the front and rearalong with a driveway leading to the garage.




2 Myers LaneBradfordWest YorkshireBD2 4EP

A good looking, mature semi detached house in a verypopular location, handy for Hanson, Grove House and StFrancis Schools. The property benefits from uPVC sealedunit double glazing.



Highfield: 01274 614804

15

LOT 17

1/2 Bedrooms · Corner End Terrace · Prime Investment Opportunity · Modernisation required

LOT 18

Three Bedrooms · Mature Town House · Gas Central Heating · uPVC Double Glazing · Gardens To Front And Rear

5 Allen CroftBirkenshaw, BradfordWest YorkshireBD11 2AB

This 1/2 bedroom corner end terraced property is situatedin the heart of Birkenshaw village and is in need ofupdating/works in keeping with today's modern standards,but this is reflected within the sensible guide price.




4 Brow Wood CrescentBradfordWest YorkshireBD2 1EB

Deposit

A recently refurbished mature Town House style propertyin this very pleasant location just off Kings Road. Theproperty benefits from gas central heating, uPVC sealedunit double glazing, burglar alarm, smoke detectors andrecent new carpets throughout



Highfield: 01274 614804

16

LOT 19

Two Bedrooms · End of Terrace House · Two Reception Rooms · Low Maintenance Gardens

LOT 20

Two Bedrooms · End of Terrace House · uPVC Double Glazing · Gas Central Heating · Ideal First Time Buy

1 Park StreetGomersal, CleckheatonWest YorkshireBD19 4RF

This end-terraced property benefits from two receptionrooms and two double bedrooms and has been recentlyrenovated to a high standard with quality fixtures andfittings and could be occupied with the minimum ofexpense.




236 Oxford RoadGomersal, CleckheatonWest YorkshireBD19 4RE

Offered for sale with no chain is this recently renovatedend terraced property which could be occupied with theminimum of expense and would be ideal for a first timebuyer or investor. Benefits include uPVC double glazingand gas central heating.




17

LOT 21

Two Bedrooms · Detached House · Single Garage · Private Entrance

LOT 22

Three Bedrooms · Semi-Detached House · Front & Rear Paved Gardens · Basement/Cellar

93 Providence CourtDewsburyWest YorkshireWF12 9HX

Situated on the desirable Miller Homes development isthis two double bedroom detached "coach house"property ideally suiting the first time buyer and benefittingfrom a single garage plus further off road parking.



Dewsbury: 01924 468323

538 Sticker LaneBradfordWest YorkshireBD4 8RD

This semi-detached property briefly comprises of entrancehall, lounge, kitchen, three bedrooms and bathroom. Itbenefits from double glazing, gas central heating andfront & rear gardens.




18

LOT 23

Single Storey · Workshop · Number of Uses · Currently Bodyshop · Subject to necessary planning consent

LOT 24

Three Bedrooms · Through Terrace · Shared Rear Yard · Realistically Priced · Great Location

Bodyshop, Well LaneBatleyWest YorkshireWF17 5HQ

A single storey workshop amounting to 56.6m²/707ft²currently used as a body shop but would suit a number ofuses, subject to any necessary planning consent.



Dewsbury: 01924 465671

27 Stradmore RoadDenholme, BradfordWest YorkshireBD13 4BX

This through terraced property briefly comprises ofentrance hall, lounge, kitchen, three first floor bedroomswith white family bathroom suite. Externally there is ashared rear yard and the property is close to localamenities.



Bradford: 01274 306611

19

LOT 25

Four Bedrooms · Terraced House · Superb Fitted Kitchen · Rear Garden · Off Street Parking

LOT 26

Three Bedrooms · Semi-Detached Property · Front & Rear Gardens · Driveway with Parking

50 Denby Dale RoadWakefieldWest YorkshireWF2 8DW

This substantial four bedroom period terrace property hasbeen recently re-furbished to a high standard andbenefits from gas fired central heating, double glazing,rear garden and off-street parking.



Wakefield: 01924 299494

6 Thornhill DriveShipleyWest YorkshireBD18 1BA

This part modernised semi detached house benefits fromgas central heating and uPVC sealed unit double glazing.The property is situated in this very popular residentiallocation and scope exists here for further imaginativeimprovement.



Highfield: 01274 614804

20

LOT 27

One Bedroom · Mid-Terraced Property · Renovation Opportunity

LOT 28

One Bedroom · Front Terrace Property · PVCu Double Glazing · Gas Central Heating · Ideal First Time Buy

76 Almondbury BankHuddersfieldWest YorkshireHD5 8HF

A renovation opportunity has arisen for this one bedroommid terraced property set in a tucked away location.Perfect student accommodation comprising of an openliving space, bedroom and shower room with flagged frontpatio and coal shed for storage.



Kirkburton: 01484 607711

3 Crownest TerraceDewsburyWest YorkshireWF13 2SF

An affordable one bedroom front terrace property withPVCu double glazing and gas central heating. This is anideal purchase for either a first time buyer or buy to letinvestor.



Dewsbury: 01924 468323

21

LOT 29

Duplex Apartment · Penthouse Floor · Double Glazing · Electirc Heating

LOT 30

Three Bedrooms · Modern Town House · Central Heating · uPVC Double Glazing · Central Location

Apartment 60, ColonialHouseBradfordWest YorkshireBD1 2NB

This duplex apartment is situated on the Penthouse floorof this converted mill which is currently rented for£550pcm. Being situated in the City Centre the property iswell placed for a range of amenities.



Bradford: 01274 733644

22A Church StreetHeckmondwikeWest YorkshireWF16 0AX

This superbly presented modern town house benefitsfrom central heating, uPVC double glazing and alarm.The property is situated in a great location and would suita wide range of buyers.




22

LOT 31

Three Bedrooms · Extended Bungalow · Garden to Rear · Cul-De-Sac Position

LOT 32

Mixed Use · Attic Bedrooms · Gas Central Heating · Ground Floor Shop

17 St. Georges CourtHavercroft, WakefieldWest YorkshireWF4 2EH

Deposit

Offering spacious accommodation for a bungalow is thisextended three bedroom semi detached property withample off road parking and enclosed rear lawned garden.Located in a quiet cul-de-sac location with driveway andadditional parking to front.



South Elmsall: 01977 658808

290 Keighley RoadBradfordWest YorkshireBD9 4LH

Former well established sports shop with separateextensive residential accommodation above. The propertyis situated on the busy A650 Keighley Roadapproximately two miles north of the city centre givingeasy access to Shipley and Bradford.




23

LOT 33

Three Bedrooms · Terraced House · No Chain

LOT 34

Detached House · Five Bedrooms · Three Bathrooms · Gas Central Heating

113 Carr Bottom AvenueBankfootWest YorkshireBD5 9BG

An inner town house attractively priced to allow forrequired improvements. Currently providing three bedroomaccommodation and forming part of this ever popularlocality.



Wibsey: 01274 601119

21 Long Meadows, offKings RoadBradfordWest YorkshireBD2 1LA

A deceptively spacious five bedroom detached propertythat benefits from gas central heating and sealed unitdouble glazing. The property occupies a fine positionoverlooking a small wooded area on this sought afterdevelopment.



Highfield: 01274 614804

24

LOT 35

Three Bedrooms · Semi-Detached House · PVCu Double Glazing · No Chain

LOT 36

Plot of Land · Ideal Investment · Â£1 Starting - No Reserve

29 Lee RoadDewsburyWest YorkshireWF13 3AX

Positioned on a superb corner plot is this three bedroomex local authority semi detached house. It has potential tobe extended from its current format to the side to createfurther ground and first floor living space (subject toplanning permission).



Dewsbury: 01924 468323

Plot 155 Wellands LaneScholes, CleckheatonWest YorkshireBD19 6EY

An opportunity to purchase a plot of investment land fromwithin a bigger site. NO RESERVE AND WILL SELL TOTHE HIGHEST BIDDER ON THE EVENING.

Starting Bid: £1



25

£1 Starting Bid - No Reserve

Glossary of TermsThe Modern Method of Auction

AddendumThe document published on the day of the auction containing all of the corrections, changes and additions to

the details within the catalogue. It is important that you read this document before bidding to see if there is

anything significant listed against your lot. We will be compiling these amendments right up until the auction

day. The most up to date copy is always available from our auction department. The Addendum forms part of

the contract of sale.

Starting BidsStarting bid prices are published for each property and are a reflection of the price the vendor is trying to

achieve. In most cases the reserve price will be in excess of the starting bid figure. Starting bids are for guidance

only and are not reserve prices. These prices may occasionally change throughout the marketing period.

Reserve PriceThis is the minimum price that is acceptable to the vendor for selling a subject lot in the auction room. We do

not publish reserve prices; this figure is a private agreement between the vendor and the auctioneer.

Reservation FeeUnless otherwise stated, each property is sold subject to a reservation fee. The reservation fee is calculated

against the final negotiated selling price at 5% subject to a minimum of £5,000 plus VAT at the prevailing rate.

The reservation fee does not form part payment of the final negotiated selling price, and is received on a non-

refundable basis. The reservation fee is held as a reservation against the subject property until such time that

exchange of contracts takes place. If the sale falls through due to an act or action of the vendor, the reservation

fee becomes repayable to the buyer in full.

Part Payment DepositUnder this method of sale the buyer will be required pay a part payment deposit. The part payment deposit

is calculated against the final negotiated selling price at 3.5% subject to a minimum of £4,200. The deposit is

taken as a part payment of the final negotiated selling price and will be deducted from the balance of the final

selling price upon completion of contracts. The deposit is taken on a non-refundable basis. The deposit is held

as a reservation against the subject property. If the sale falls through due to an act or action of the vendor, the

deposit becomes repayable to the buyer in full.

Exchange of Contracts(The purchaser is in contract at the fall of the hammer). This is the point at which you are legally obliged to

buy the property; this usually takes place 28 days after the fall of the hammer. The property is not yours at this

point, but there is a legal obligation for the purchaser to buy and the vendor to sell. Property insurance should

be arranged at this time.

26

Glossary of TermsThe Modern Method of Auction

Completion

This is the point at which the property legally becomes yours and keys become available. This usually takes

place 28 days after the exchange of contracts and is typically arranged between the vendor’s solicitor and your

own solicitor. You will be asked to provide any outstanding funds at this point. Any variation to these terms

will be either be announced by the auctioneer or appear in the Special Conditions of Sale if applicable for each

property available from the Auctioneer prior to auction.

Special Conditions Of Sale

Each lot is sold subject to the Notices and General Conditions of Sale printed in the catalogue. In addition to

these ‘general’ conditions applicable to each lot the vendor’s solicitor may draft additional terms applicable to

their individual lot – these are the Special Conditions. These are not printed in the catalogue and are available

for free from the auction department if applicable. They form part of the Contract of Sale. It is important that

you satisfy all of your legal enquiries and are aware of all conditions (including any Addendum) before you bid

at auction.

Pre-Auction OffersWe anticipate that the lots in this catalogue will be offered, as advertised, on the day of sale. There may be

circumstances where the acceptance of an offer prior to auction may be considered. Parties interested in

particular lots are advised to register their interest with the auctioneers at the earliest opportunity.

27

Please select method of bidding: Proxy Telephone Date of Auction

Card Type

Name on Card

Card No Security No

Issue No Valid From Expiry Date

Lot Number Lot Address

Maximum Bid Price £ (in words)

I hereby authorise The West Yorkshire Property Auction to bid on my behalf for the subject property listed, be that by telephone or by proxy. I confirm that I have read and understand the terms and conditions included in the auction catalogue.

22

11

33

44

Bid

Full Name(s)

Company

Address

Post Code

Telephone(s) (for tel bids) 1 2

Fax e-mail

Buyer’s Details

Solicitors Full Name(s)

Company

Address

Post Code

Telephone e-mail

Signature Buyer’s Signature

I understand that if my bid is successful that a Buyer’s Premium of 5% subject to a minimum of £5,000 plus Valued Added Tax is payable. The Buyers Premium is calculated against the final negotiated selling price and is not considered as part payment of the final negotiated selling price. The Buyers Premium is received on a non-refundable basis and is held as a reservation for the subject property and will be forfeited if formal contracts are not exchanged within twenty-eight days of the date here of. Should the seller default for any reason the Buyers Premium is refundable to the purchaser. The buyers declare that the information and conditions contained in the Auction Catalogue are understood and accepted.

55Payment I authorise a payment for the buyers premium to be taken from my bank account listed below:

Registration Form for Proxy or TelephoneReservation Fee

28

Registration Form for Proxy or TelephonePart Payment Deposit

Please select method of bidding: Proxy Telephone Date of Auction

Card Type

Name on Card

Card No Security No

Issue No Valid From Expiry Date

Lot Number Lot Address

Maximum Bid Price £ (in words)

I hereby authorise The West Yorkshire Property Auction to bid on my behalf for the subject property listed, be that by telephone or by proxy. I confirm that I have read and understand the terms and conditions included in the auction catalogue.

22

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33

44

Bid

Full Name(s)

Company

Address

Post Code

Telephone(s) (for tel bids) 1 2

Fax e-mail

Buyer’s Details

Solicitors Full Name(s)

Company

Address

Post Code

Telephone e-mail

Signature Buyer’s Signature

I understand that if my bid is successful that a part payment deposit of 3.5% subject to a minimum of £4200 is payable. This is a part payment deposit that will be deducted from the final negotiated selling price, leaving the balance payable upon completion. The part payment deposit is received on a non-refundable basis and is held as a reservation for the subject property and will be forfeited if formal contracts are not exchanged within twenty-eight days of the date here of. Should the seller default for any reason the part payment deposit is refundable to the purchaser. The buyers declare that the information and conditions held within the auction catalogue are understood and accepted.

55Payment I authorise a payment for the buyers premium to be taken from my bank account listed below:

29

Conditional Auction Terms & Conditions: Reservation Fee

1.

2.

3.

a)

b)

c)

To immediately instruct Solicitors to issue the Contract for Sale and accompanying papers to the Buyer’s Solicitors and to answer promptly all enquiries raised, respond promptly to any amendments to the Contract for Sale and to do all other work reasonably required to enable Contracts for the sale to be exchanged within the 28 day period.

To supply the Seller’s Solicitors with all documentation, information and authority to enable the Seller’s Solicitors to draft and negotiate the Contract for Sale and do all the work necessary to enable Contacts to be exchanged within the 28 day period.

To give access to the Property as may reasonably be required by any surveyor or valuer appointed by the Buyer or the Mortgagee for the purpose of surveying and/or valuing the Property.

Not to send, instruct or allow anyone else to send any Sale Contract or details of the title of the Property to anyone other than the Buyer’s Solicitors.

Not to give access to any other person to view the Property nor to negotiate or agree with anyone other than the Buyer any terms for sale of the Property.

The Buyer undertakes within two days following the auction or acceptance of the offer.

(i)

(ii)

(iii)

(iv)

(v)

(vi)

The Buyer and Seller agree to use their best endeavours to proceed to a formal exchange of legal contracts within 28 days. The time limit will expire at 17.00 hours on the 28th day following the date of the auction or acceptance of an offer if sold pre or post auction. A non-refundable reservation fee and/or arrangement fee of 5% subject to a minimum of £5000 plus VAT must be paid by the Buyer immediately following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the Auctioneer who will issue an Acknowledgement of Reservation.

Following the auction and in the 28 day period following the auction or acceptance of the offer (whichever is the later), the Seller agrees as follows:-

If the Buyer shall require a mortgage loan in connection with the purchase of the Property, he or she shall apply to such building society, bank or other prospective lender (“the Mortgagee”) as may reasonably be expected to lend the required loan to the Buyer and the Buyer shall complete such application forms and pay such fees as the Mortgagee shall require in order to process the Buyer’s application as soon as possible

If the Buyer or Mortgagee shall require the Property to be surveyed and/or valued, the Buyer will use all reasonable endeavours to arrange for the survey and/or valuation inspection to take place as soon as reasonably practicable.

To instruct Solicitors to investigate title to the property, negotiate the draft Contract for Sale, raise enquiries of the Seller and any third parties about the Property and do any other work required to enable Contracts to be exchanged within the 28 day period.

It is hereby agreed between the parties as follows:

The Seller has entered into the Agreement because the Buyer has given certain commitments as herein mentioned, if the Buyer fails to comply with them strictly in accordance with the timetable this Agreement shall immediately lapse.

If the Buyer decides not to proceed with the transaction as negotiated he or she shall immediately inform the Seller whereupon this Agreement will lapse. In this event, any reservation fee is deemed non refundable.

If the Seller decides not to proceed with the transaction as negotiated, he or she shall immediately inform the Buyer whereupon this Agreement will lapse and any reservation fee or arrangement fee paid by the Buyer to the Auctioneer will be reimbursed to the Buyer.

This Agreement is an independent Contract and does not bind the Seller or the Buyer to the transaction.

The Seller and the Buyer are entering into this Agreement in good faith and relying on its terms.

a)

b)

c)

d)

e)

(vii)

On the Auctioneer receiving an acceptable bid or when an offer is accepted pre or post auction, the following terms and conditions apply:

30

Conditional Auction Terms & Conditions: Part Payment Deposit

1.

2.

3.

To immediately instruct solicitors to issue the contract for sale and accompanying papers to the buyer’s solicitors and to answer promptly all enquiries raised, respond promptly to any amendments to the contract for sale and to do all other work reasonably required to enable contracts for the sale to be unconditionally exchanged within the 28 day period.

To supply the seller’s solicitors with all documentation, information and authority to enable the seller’s solicitors to draft and negotiate the contract for sale and do all the work necessary to enable contacts to be unconditionally exchanged within the 28 day period.

To give access to the property as may reasonably be required by any surveyor or valuer appointed by the buyer or the mortgagee for the purpose of surveying and/or valuing the property.

Not to instruct or allow anyone else to send any sale contract or details of the title of the property to anyone other than the buyer’s solicitors.

Not to give access to any other person to view the property nor to negotiate or agree with anyone other than the buyer any terms for sale of the property.

The buyer undertakes within two days following the auction or acceptance of the offer:

(i)

(ii)

(iii)

(iv)

(v)

(vi)

The Buyer and Seller agree to use their best endeavours to proceed to a formal and unconditional exchange of legal contracts within 28 days. The time limit will expire at 17.00 hours on the 28th day following the date of the auction or acceptance of an offer if sold pre or post auction. A non-refundable deposit of 3.5 % subject to a minimum of £4,200 must be paid by the Buyer immediately following the conclusion of the auction or acceptance of an offer. This must be paid by cleared funds to the Auctioneer who will issue an Acknowledgement of Reservation and Purchase Agreement

In the 28 day period following the auction or the date of acceptance of the offer, the Seller agrees as follows:-

If the buyer shall require a mortgage loan in connection with the purchase of the property, he or she shall apply to such building society, bank or other prospective lender (“the mortgagee”) as may reasonably be expected to lend the required loan to the buyer and the buyer shall complete such application forms and pay such fees as the mortgagee shall require in order to process the buyer’s application as soon as possible.

If the buyer or mortgagee shall require the property to be surveyed and/or valued, the buyer will use all reasonable endeavours to arrange for the survey and/or valuation inspection to take place as soon as reasonably practicable.

To instruct solicitors to investigate title to the property, negotiate the draft contract for sale, raise enquiries of the seller and any third parties about the property and do any other work required to enable contracts to be exchanged within the 28 day period.

On the Auctioneer receiving an acceptable bid or when an offer is accepted pre or post auction, the following terms and conditions apply:

It is hereby agreed between the parties as follows:-

The Seller has entered into the Agreement because the Buyer has given certain commitments as herein mentioned, if the Buyer fails to comply with them strictly in accordance with the timetable this Agreement shall immediately lapse and any deposit paid is deemed non-refundable.

If the Buyer decides not to proceed with the transaction as negotiated he or she shall immediately inform the Seller whereupon this Agreement will lapse and any deposit paid is deemed non-refundable.

If the Seller decides not to proceed with the transaction as negotiated, he or she shall immediately inform the Buyer whereupon this Agreement will lapse and any deposit paid by the Buyer to the Auctioneer will be reimbursed to the Buyer.

This Agreement is an independent Contract and does not bind the Seller or the Buyer to the transaction.

The Seller and the Buyer are entering into this Agreement in good faith and relying on its terms.

a)

b)

c)

d)

e)

(vii)

a)

b)

c)

31

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Cedar Court Hotel, Bradford, BD5 8HW th June 2012 at 6