This two bedroom, two bathroom second floor apartment with 2 parking spaces is offered for sale via traditional auction. The property is currently tenanted generating £9,000 income per annum which reflects a 21.95% gross yield return based on the guide price. This would make a great addition to a rental portfolio. It’s ideally located along York Road, a main route into Leeds and is only 1.5 miles east of the city centre. There are some shops and schools in the immediate area; however, supermarkets, restaurants, and leisure facilities are within an easy drive. Leasehold Information: Lease length - 125 Years from 1st Jan 2017 Ground Rent - £250 Per Annum Service Charge - £4,230.16 Per Annum.
Second Floor
Lounge/kitchen area, two bedrooms, bathroom and en suite.
Externally
Two parking spaces.
ADDITIONAL INFORMATION
Council Tax
Band A.
EPC Rating
D.
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 & 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. Searches £360 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.