Sure to appeal to the landlord comes this large terraced house, divided into 4 x one bedroom flats. Fully let, the property is generating an income of £18,600 per annum. This equates to a return of more than 15% based on the guide price. Each flat has a living kitchen, bedroom and shower room. Separately metered, the tenants are responsible for their own electricity bills. The building has been well managed and maintained by the current owners. The property is located in the Selective licencing area of Beeston, approximately two miles south of 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
Living/Kitchen, one bedroom, a shower room and a WC.
Ground Floor
Living/Kitchen, one bedroom and a shower room.
First Floor
Living/Bedroom, Kitchen and a shower room.
Second Floor
Living/Kitchen, one bedroom and a 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.
Dispersments
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.
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.