This double fronted terrace has an HMO licence and the potential to generate £22,872 when fully let. At present, we have been advised that two of the units are vacant and the rental income is £14,556. The property comprises two self contained one bedroom flats with four studios. Each studio has its own kitchen units but shares a communal shower room. The property is located within the Beeston selective licencing area and is just 1.3 miles from Leeds city centre. 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

Flat 1.

Ground Floor

Studios 1 & 2.

First Floor

Studios 3 & 4 and shower room.

Second Floor

Flat 2.

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. 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.