This double fronted end terrace in Beeston will appeal to those looking for high yielding and stable investment opportunity. The property is made up of five bedsits, two bathrooms and is currently let to four tenants. It is currently generating an income of £14,968 per annum with most tenants having been in the property for more than ten years. This equates to a gross return in excess of 21% based on the guide price. The rooms have their own electricity meter, kitchenette and access to shared bathroom/shower room facilities. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. The Property is located within the Beeston selective licensing area and is just over two miles from the city centre.

Tenure

Freehold

Basement

Cellars

Ground Floor

Hall, Bedsit 1, Bedsit 2 and shower room

First Floor

Landing, Bedsit 3, Bedsit 4 and house bathroom

Second Floor

Bedsit 5

Outside

Small yard to Dewsbury Road

Charges and 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 Search Fees: £240 inc VAT.

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.