This substantial terraced property in Leeds is fully let and is generating an income of £17,680 per annum. This equates to a return of more than 19% based on the guide price. The property was divided into flats many years ago and currently comprises of 3 x one bedroom flats. One of the tenants has been in situ for almost ten years. The property is well positioned for the amenities of Harehills and has good transport links to Leeds city centre.
Flat 1 ? Bedroom, lounge, kitchen and shower room
Landing, Flat 2 ? Living bedroom, kitchen and bathroom. Flat 3 ? Shower room
Flat 3 ? Living kitchen and bedroom
Charges and Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,080 inc VAT. Disbursements: Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's solicitor. For more details please see the legal pack.
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.
Leeds City Council
Administration Charge - Purchasers will be required to pay an administration fee of 0.9% inc VAT, subject to a minimum of £1080 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.