This first floor, one bedroom apartment being sold with vacant possession is offered for sale via traditional auction. Similar apartments to this one have been marketed for rent for £900PCM which would make this a fantastic addition to a rental portfolio. If this rental value was achieved it would reflect over a 16.5% gross yield return based on the guide price. Situated in the Northern Quarter of Leeds City Centre close to local amenities including a selection of cafes and restaurants. The property is within a short walk to all city centre shopping outlets. We have been advised that the block has an EWS1 certification, please refer to the legal pack for more information. Leasehold information: Lease length - 999 Years from the 20th June 2002 Ground Rent - £150 Per Annum Service Charge - £2366 Per Annum
First Floor
Lounge/kitchen area, bedroom and bathroom.
Additional Information
Council Tax
Leeds city council - Band C
Tenure
Leasehold
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 £1,500 inc VAT. Searches £300 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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.