This substantial block of flats is currently fully let and generating an income of £43,164.16 per annum. When based on the quoted guide price that equates to a return in excess of 14%. The property has only been partially inspected by Auction House but we are advised it comprises 2 x two bedroom flats and 6 x one bedroom flats. All the flats are separately metered and all are electric only with the exception of flat 13c which has its own gas central heating. Buyers should be aware that Japanese Knotweed has been identified in the car park to the rear and any interested parties are advised to do their own research in this regard. 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

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

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.