This substantial through terraced property is divided into seven fully managed self-contained units, generating an impressive annual rental income of £32,500. Based on the quoted guide price, that equates to a gross return of 25%. All the flats are separately metered and tenants pay all their own utility bills, with the landlord paying the water rates. The property is located in Beeston, South Leeds with a good range of shops and amenities just a short walk away and Leeds city centre two miles to the north.
Bedroom, kitchen and shower room.
Units 1 and 2.
Units 3 and 4.
Units 5 and 6.
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. Search Fees: £200 Inc VAT Disbursements: Any additional disbursements payable by the purchaser are
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.