This one bedroom first floor apartment would make a good addition to a portfolio. Currently let to a professional and immaculately kept, the property is generating a healthy income of £6,600 per annum which equates to a gross return of more than 13%, based on the guide price. Externally, there are parking bays for residents. The development is located in Morley town centre and has good access to the White Rose Shopping Centre and motorway networks. Lease details - 125 years from January 2004. Service charge for 2022 is £1,139 per annum and ground rent of £400 per annum.

Tenure

Leasehold

First Floor

Living/kitchen, bedroom and a bathroom

Additional Information:

Council Tax

Leeds City Council - Tax Band A

Tenure

Leasehold - 125 years from January 2004.

Ground Rent

£400 per annum

Service Charge

£1,139 per annum

Disclaimer

Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We would advise that any buyer make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.

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.

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.