For Sale By Auction | 14:00, 05 February 2020 | Lot 20

9 Armley Lodge Road, Armley, Leeds, LS12 2AT

Sold £82,500

  • Terraced House
  • 4 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 spacious four bed end terrace is currently let on a regulated tenancy generating a rental income of £7,488 per annum. When based on the quoted guide price this equates to an impressive return of almost 10%. It does have the benefit of central heating and double glazing and is sure to appeal to any investors looking to add to their portfolio. The lower ground floor has its own access and although used for storage at present, may lend itself to development in the future subject to the necessary consents being obtained. The property is set in a picturesque location with a pleasant outlook over Armley Park, Leeds. We regret that no viewings will be taking place and ask that the tenant is not disturbed prior to the auction.

Tenure

Freehold

Lower Ground Floor

Storage

Ground Floor

Living room and kitchen

First Floor

Two bedrooms and a bathroom

Second Floor

Two bedrooms

Externally

Yard to the front

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.

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 - 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.