This terrace house in Beeston was divided into 5 x studios many years ago and is sure to appeal to those searching for a high yield. The property is currently fully let generating an income of £26,000 per annum. This equates to a whopping 26% return based on the lower guide price. Each of the studios is self contained, has a kitchenette, shower room and its own card operated electricity meter. This property is located within the selective licencing area in Beeston, only two miles south of Leeds city centre.

Tenure

Freehold

Ground Floor

Communal hall. Room 1 and shower room. Room 2, kitchen and shower room.

First Floor

Landing. Room 3 and shower room. Room 4, living kitchen, bedroom area and shower room.

Second Floor

Living bedroom, kitchen and shower room.

Charges & 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 vendors 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 - See above

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