Auction Date

Wed 06/09/2017

Auction Time

14:00

Auction Venue

Norman Hunter Banqueting Suite Elland Road Stadium, Leeds, LS11 0ES

For Sale By Auction | 51 Sutherland Mount, Leeds, West Yorkshire, LS9 6DW

*Guide | £75,000 - £85,000 (plus fees)

This two bed terrace with basement studio is now fully let and generating an impressive annual income of £10,800. This equates to a gross return in excess of 14% when based on the lower guide price. Both tenants are working and the main house tenants have recently signed a new 12 month tenancy agreement. All of the property has double glazing with the main house having gas central heating & water & the basement studio having gas boiler water & electric heating.

Tenure

Freehold

Lower Ground Floor

Shower room and studio

Ground Floor

Living room and kitchen

First Floor

Bedroom & bathroom

Second Floor

Bedroom

Externally

Small yard to the front with on street parking available

Charges & Payments

In addition to the deposit Administration Charge: 0.6% inc VAT of the purchase price subject to a minimum of £600.00 inc VAT. Disbursements: Any additional disbursements payable by the purchaser are yet to be confirmed by the vendors solicitor. For more details please see the legal pack.

Guide Price

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Administration Charge - See charges and payments above.

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

Click the image To view the full-sized floorplan.

Floorplan