Ideal opportunity for a buy to let landlord looking to add to their portfolio. This three bedroom back to back terrace and one bedroom basement apartment are both currently tenanted and are generating an income of £14,400 per annum. This means the property is currently generating a rental yield of over 11% based on the guide price. Located in the Harehills selective licensing area the property briefly comprises; kitchen / living area, shower room and bedroom to the basement. Auction house have been unable to access the basement for an inspection. To the ground floor of the house there is a spacious kitchen / dining area and a living room. To the first floor there are two bedrooms and a shower room. to the second floor there is a third bedroom and another room currently used as an office.
Basement apartment 1 – living room/kitchen, bedroom and bathroom
Kitchen/dining room, living room
Two bedrooms and a shower room
Bedroom
Yard to front
Leeds city council – Band A
Freehold
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT.
Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor’s solicitor. For more details, please see the legal pack.
Guides are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.