This two bedroom flat in Armley is producing a strong yield and would suit the buy to let landlord. Currently tenanted, the property is generating an income of £6,300 per annum which equates to a return of more than 15% when based on the lower guide price. The flat has electric heaters, double glazing, living space with room for dining, separate kitchen, two large bedrooms and shower room. The lease was 999 years from January 2004. For details on service charges and ground rent, please refer to the legal pack. 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

Lower Ground Floor

Hall, living dining area, kitchen, two bedrooms and shower room

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. Search Fees: £240 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.