Sold Prior | Lot 26

Flats 1-3, 21 Wickham Street, Leeds, West Yorkshire, LS11 7AR

Sold Prior

  • Terraced House
  • 3 Bedrooms
  • Tenure: Freehold

Call the team on 0113 393 3482 for more information

Auction Date

Wed 08/07/2020

Auction Time

14:00

Auction Venue

Live Stream Auction

This terrace property in Beeston is divided into 3 x one bedroom flats and is fully let generating an income of £14,400 per annum. This is offering returns in excess of 12.5% when based on the guide price. We have been advised by the seller that the property was split in to flats many years ago and that 3 x selective licences have been applied for. Each of the tenants have their own living/bedroom, separate kitchen and bathroom/shower room. Please note: the completion date will be in accordance with Special Condition 19 within the legal pack where it states “Completion is subject to the registration of the Freehold Title into the Sellers name by the Sellers Solicitors and completion shall take place 7 working days after date on which the Seller Solicitors sends to the Buyers Solicitors Official copy of the updated registered Freehold Title".

Tenure

Freehold

Ground Floor

Hall. Flat: Living Bedroom, kitchen and shower room.

First Floor

Landing. Flat 2: Living Bedroom, kitchen and shower room.

Second Floor

Flat 3: Living Bedroom, kitchen and shower room.

Externally

Yard to the rear.

Charges & Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.

Energy Efficiency Rating (EPC)

Current Rating G

Local Authority

Leeds City Council

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

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.