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.
Lower Ground Floor
Living room and kitchen
Two bedrooms and a bathroom
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.
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.