This larger than average end back to back terrace comprises of four studios. The proeprty is fully let generating an income of £24,528 per annum which equates to a return, in excess of, 27%. The current landlord advises he is paid the rent direct each month. Each studio has its own kitchenette, shower room and pre-payment electricity meter installed. The property is located within the Selective Licensing area of Beeston and the current owner has supplied copies of his application within the legal pack. 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.

Tenure

Freehold

Lower Ground Floor

Living/Bedroom, kitchen and shower room.

Ground Floor

Communal Hall, living/bedroom, kitchen, w/c and shower room.

First Floor

Landing, living/bedroom and shower room.

Second Floor

Studio 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 £1,200 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.