Based on the tenancy agreement this two bedroom terrace is currently let for £5,200 per annum offering a return of 8% when based on the quoted guide price. Buyers may also look to increase this figure in the future with local authority housing rates in Leeds being considerably higher. The property also includes a basement with its own separate access which could be converted into a separate dwelling or additional room subject to the necessary consents being obtained. The property is located in Beeston, an area popular with investors and with good links to both Leeds city centre and the local motorway network. 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

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.

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.