This one bedroom second floor apartment will appeal to the buy to let investor. Currently tenanted, the property is generating an income of £6,300 per annum. This equates to a gross return of 18% when based on the guide price. The development is located very close to Morley town centre and train station. The flat benefits from double glazing and electric heating. There is an intercom entry system and parking for residents. Lease: 999 years from January 2002. Please refer to the legal pack for service 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

Second Floor

Entrance hall, living kicthen, bedroom and bathroom

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. Disbursements: Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's 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.