This four bedroom, double fronted, back to back end terrace is offered for sale via traditional auction. The property is currently fully occupied as a small HMO generating £19,500 gross rental income per annum. This reflects a 19.70% gross yield return based on the guide price, making this a great addition to a rental portfolio. Situated within easy access to motorway links such as the M62 and M1. Leeds city centre is only a short distance away boasting its wealth of amenities. Please note that the property is located within the Article 4 area of Leeds and although the seller has been letting it to multiple tenants for their entire ownership (more than 10 years) they do not have copies of all their ASTs to prove it. What they do have has been provided within the legal pack. Additionally, the landlord pays the gas bills for the property with tenants paying for their own electric.

Ground Floor

Bedroom and kitchen

First Floor

Two bedrooms (one not inspected) and a shower room

Second Floor

Bedroom and lounge area

Additional Information

Council Tax

Leeds City Council - Band A

EPC Rating

C

Tenure

Freehold

Charges and 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.