This substantial end terrace is currently configured as three self contained one bedroom apartments and let for (in our opinion) very modest rents of £400, £450 and £520 per calendar month totalling £16,440 per annum. We have been advised that the total rent is increasing to £17,640 from the 1st October. There may also be scope to rent or convert the adjoining garage subject to the necessary consents being obtained. The potential opportunities for this property seem to keep on coming and we know that number 2 on the street (although configured as a normal house without a garage) sold for £308,000 in September 2021 meaning developers may also explore this option as well. The property is located at the end of a cul de sac in an area that has increased in popularity in recent years being conveniently positioned within walking distance of Potternewton Park at the end of the street and within easy reach of Chapel Allerton, Chapeltown and Harehills centres. Buyers should be aware that although the vendor has had uninterrupted use of the gated driveway to the side since they purchased the property in 2012, it is not included on the title documents.
Basement
Storage
Flat 1
Living/kitchen, bedroom and bathroom
Flat 2
Living/kitchen, bedroom and shower room
Flat 3
Living/kitchen, bedroom and shower room
Externally
Yards to the front and rear with a garage to the side
Additional Information
Council Tax
Leeds city council - Tax band A
Tenure:
Freehold
Disclaimer:
Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to 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.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.