This one bedroom first floor apartment has been let to a long-standing tenant of over 15 years and is currently generating an income of £5,280 per annum. When based on the quoted guide price that equates to a gross return of more than 15%! The property comprises a living room, kitchen, bathroom and bedroom and has recently enjoyed the benefit of a lease extension of over 900 years. Situated 2.4 miles to the South of Leeds city centre the property sits on a quiet cul-de-sac with excellent transport links close by. Leasehold information: Lease Length - 999 years from 04/09/1991 Ground Rent - Peppercorn Service Charge - £100.52 pcm.

First Floor

Living room, kitchen, bathroom and bedroom

Additional Information

Council Tax

Leeds City Council - Band A

EPC Rating

To follow

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: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 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.