This one bedroom ground floor flat in LS12 is one to add to a portfolio. The flat is currently tenanted generating an income of £4,680 per annum which equates to a gross yield of more than 15% based on the lower guide price. The property is located close to Armley and just 2 miles east of Leeds city centre. Auction House have not inspected the property and the floorplan provided is from a historical sale. Lease - 99 years from January 2007. Details of ground rent and service charges (2020) are in 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

Ground Floor

Living/Kitchen, One bedroom and a 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.

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.