This through terrace property comprises 3 self-contained 1-bedroom flats and was converted many years ago. At present, the ground and first floors are let to long standing tenants producing and income of £12,600 with the flat on the second floor offered with vacant possession. If let at the same level this would mean a total potential income of £18,900 and a return of 12.6% based on the quoted guide price. Each of the flats has been separately assessed for council tax. The property is located in the heart of the increasingly popular East Leeds suburb of Cross Gates and is just a short walk from the many shops, restaurants and bars on Austhorpe road. 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

Communal entrance, living room, kitchen, bedroom and a shower room.

First Floor

Living kitchen, bedroom and shower room.

Second Floor

Living kitchen, bedroom and shower room.

Externally

The property has gardens to the front and rear.

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.

Dispersments

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

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.