COVID-19 – Important Auction Information
For Sale By Auction | 14:00, 05 February 2020 | Lot 30

122 Lady Pit Lane, Beeston, Leeds, LS11 6EE

Sold £140,000

  • Terraced House
  • 7 Bedrooms
  • Tenure: Freehold

Call the team on 0113 393 3482 for more information

Auction Date

Wed 05/02/2020

Auction Time

14:00

Auction Venue

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

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.

Tenure

Freehold

Basement

Bedroom, kitchen and shower room.

Ground Floor

Units 1 and 2.

First Floor

Units 3 and 4.

Second Floor

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

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.

Local Authority

Leeds City Council

Additional Fees

Administration Charge - See above

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