Call the team on 0113 393 3482 for more information
Despite appearing to have been four separate properties in a previous life, the building has been rented as nine self-contained flats in more recent times. Although a Certificate of Lawful Use allowing this was granted in November 2019, we have been advised that some of the room sizes are now deemed too small and as a result of this a further planning application has recently been approved. Once implemented, this application would result in a property comprising of five one-bed and a one two-bed flat with a spare office or storage area. Please see the floorplans for the current and proposed layouts. At present, the property is occupied by three tenants generating an annual income of £15,600 with the potential (according to the current managing agent) to increase to approximately £34,800 per annum. The property is located in Holbeck (outside of the nearby selective licensing area) and is less than a mile 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
Ground Floor
Three flats.
First Floor
Five flats.
Second Floor
Two flats.
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
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.