This 9th floor modern apartment in Leeds city centre is sure to appeal to the buy to let landlord. Located just a short walk from the Leeds Bus Station, the new John Lewis store and Victoria Gate. The apartment has an open living kitchen with dining area, bedroom and bathroom. Doors from the lounge lead out onto a generous outdoor terrace. There is also an allocated parking space that comes with the apartment. Currently let the property is generating £9,540 (£795 pcm) which equates to a yield of almost 10% when based on the lower guide price. This is far higher than you would expect for a city centre unit. The apartment is also currently managed by a local letting agent. Please note - The tenants are due to vacate on the 18th of October. The development has an on site concierge office, providing 24 hours support, a local shop and a residents only gym. Lease: 150 years from March 2006. Ground rent: £62.50 per quarter. Service charge: £121.70 per quarter. 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

Leasehold

Ninth Floor

Hall, Living/dining/kitchen, bedroom and bathroom.

Charges & Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1200.00 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.