Call the team on 0113 393 3482 for more information
This vacant freehold six bedroom HMO with C4 planning permission and HMO licence is offered for sale via traditional auction. The property is a large freehold end terrace in the established West Leeds district of Armley, around two miles from Leeds city centre. The property is arranged as six bedrooms served by two shared bathrooms, with a lounge/dining room, kitchen and a basement currently used as a utility room. Some refurbishment is required, with clear scope to add value. POTENTIAL USES The size, layout and existing consents suit a range of strategies: * Refresh: cosmetic works and let in its current six bed form * Upgrade: add en suites and/or kitchenettes to command higher rents * Supported living: room sizes and layout suit a supported housing scheme Projected gross rent (seller's estimate): After refresh of existing layout: £34,800 pa After full renovation and inclusion of en suites: £45,300 pa LOCATION Popular with investors, with strongs and local amenities within walking distance, and good links into Leeds city centre.
Lower Ground Floor
Storage/room.
Ground Floor
Two bedrooms, kitchen and lounge.
First Floor
Two bedrooms and bathroom.
Second Floor
Two bedrooms and bathroom.
Externally
Front, side and rear yard.
ADDITIONAL INFORMATION
Council Tax
Band B.
Tenure
Freehold.
Charges & 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 £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.
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.