This two double bedroom end back to back terrace with gated outside area and cellar is offered for sale via traditional auction. The property is currently tenanted generating a gross rental income of £7,440 per annum which reflects a 11.45% yield return based on the guide price. This property would make a great addition to a rental portfolio. Located close to City Centre, the property is well situated to take advantage of significant regeneration in Leeds including projects such as the South Bank project including the Aire Park project and Skelton Grange regeneration. Skelton Grange in Leeds is undergoing a significant regeneration project. The site, formerly a power station, is being transformed into a mixed-use development including industrial, logistics, and data center space, alongside an energy-from-waste facility and a battery storage system. This regeneration is attracting significant investment and creating new jobs in the area. Please note - Auction House has not inspected the property internally and the photos provided were taken in November of 2024.

Tenure

Freehold

ACCOMMODATION

Lower Ground Floor

Cellar.

Ground Floor

Lounge and kitchen.

First Floor

Double bedroom and bathroom.

Second Floor

Double bedroom.

ADDITIONAL INFORMATION

Council Tax

Band A.

EPC Rating

E.

Tenure

Freehold.

Charges & Payments

In addition to the deposit Administration Charge: 1.2% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT. Searches £300 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.