This two bedroom ground floor flat is sure to appeal to investors looking for a secure addition to their portfolio. At present, the property is let on a regulated tenancy producing an annual income of £7,020. Unfortunately, Auction House have been unable to inspect the property, but information taken from the register of fair rents suggests it comprises a living room, kitchen, two bedrooms and a bathroom. The property is located in Moor Allerton in North Leeds between suburbs of Moortown and Alwoodley. Service Charge: TBC Length of Lease: 250 years from July 2022 Ground Rents: Peppercorn We regret that no viewings will be available prior to the auction and ask all interested parties to respect the tenant's privacy. Please note: A 30 working days completion applies to this lot and the buyer will be required to pay the exchange deposit from cleared funds. 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 flat

Living room, kitchen, two bedrooms 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.