A Two Bedroom Mid Terrace House Subject to a Regulated Tenancy Producing £3,718 per annum.

The property comprises a two bedroom mid terrace house arranged over ground and first floors.

Tenure

Freehold

Location

The property is situated on a residential road in Leeds close to local shops and amenities. The open spaces of Burley Park are within easy reach. Transport links are provided by Burley Park rail station.

Accommodation

Lower Ground Floor Celler/Storage Area Ground Floor Reception Room Kitchen First Floor Bedroom Bathroom with WC & wash basin Second Floor Further Bedroom

Tenancy

The property is subject to a Regulated Tenancy from May 1987 at a rent of £286 every four weeks. The vendor has applied to increase the registered rent to £450 per month.

We understand that the Section 13 notice to increase the rent to £450 per calendar month has been served. The tenant had until the 10 August to dispute the increase.

Current Rent Reserved £3,718 per annum

Lot Type

Residential Investments

Viewing Details

No internal inspections

Sellers Solicitor Invoice Number

17674

Purchaser Fee Invoice Number

17675

Addendum

The vendor has applied to increase the registered rent to £450 per month. Please note that this property is subject to a Buyers Premium of £750 + VAT. This is in addition to the buyer's admin fee of £650 + VAT charged by the auctioneers.

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.