Call the team on 0113 393 3482 for more information
This first floor two bedroom apartment in Stanningley would make a good addition to a buy to let portfolio. The property is currently let to working tenants and is generating an income of £7,800 per annum. This equates to a return in excess of 15% when based on the guide price, which is considerably higher than average in the LS28 area. The property benefits from central heating, double glazing, a modern kitchen and new carpets. The local high street has improved in recent years including a new retail park and supermarkets only metres away. Please refer to the legal pack for details regarding the lease, services charges and ground rents. 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
First Floor
Hall.
Second Floor
Lounge, kitchen, two bedrooms and bathroom.
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. 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
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.