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This substantial property comprises two x back to back terraces (on one title) which have been split to form two x duplex apartments. Each property is currently fully let for £1,500pcm meaning a total annual income of £36,000. When based on the quoted guide price this equates to an impressive return of more than 13%. Accessed from Burley Lodge Road, the accommodation comprises: a fitted kitchen, a shower room and a lounge on the ground floor. On the lower ground floor are: two double bedrooms, one with an ensuite bathroom. Accessed from Autumn Avenue the accommodation comprises: An entrance with staircase to the first floor. On the first floor there is: A large open plan living / dining / kitchen and a bedroom. On the second floor there are: Two large double bedrooms and a bathroom. Conveniently located for access to the University, Leeds General Infirmary and Leeds city centre the area is popular with student and professional renters alike. There are many local amenities nearby, as well as larger shops in the city centre. As the property is located in an Article 4 Area, the seller has supplied a number of historic AST’s within the legal pack which interested parties are advised to review prior to the auction.
Burley Lodge Road
Kitchen, lounge and shower room to the ground floor with two double bedrooms (one with ensuite bathroom) to the lower ground floor.
Autumn Avenue
Living/dining/kitchen and bathroom to the first floor with two bedrooms and a bathroom to the second floor.
Additional Information
Council Tax
Leeds City Council - Band A
Tenure
Freehold
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.
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.