This substantial through terrace property was converted into three self-contained one bedroom flats over 25 years ago. At present, they are fully let (with no arrears at the time of writing) and generating an annual income of £24,233. When based on the quoted guide price this equates to an impressive return of 17%! Each flat has been refurbished in the last 4 years and has its own coin operated electric meter. The flats are all separately rated for council tax. The property is located in Beeston, south Leeds, an area that remains incredibly popular with investors with the city centre just over a mile away. Number 112 next door is also available to buy in this auction.

Lower Ground Floor

Cellar.

Ground Floor

Kitchen/living room, bedroom and shower room.

First Floor

Living room, kitchen, bedroom and shower room.

Second Floor

Living room/kitchen, bedroom and shower room.

Additional Information

Council Tax

Band A x 3.

EPC

Flat 1 - Rating E Flat 2 - Rating D Flat 3 - 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.