This property is no longer on the market
3 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- For sale by auction on the 7th February 2024
- Guide price £115,000 +
- Three self-contained tenanted flats
- Mid-terrace property
- Current rental income £18,000 per annum
- Great addition to an investors portfolio
- Council Tax band A - EPC rating C (each flat)
Flat One – Ground floor flat with one bedroom. £575pcm.
Flat Two – First floor flat with one bedroom. £550pcm.
Flat Three – Second floor studio apartment with living room/bedroom, kitchen and bathroom. £500pcm and includes a £30 electricity contribution.
The tenants pay for electricity using card electric meters. The landlord currently pays for the council tax and water bill.
Bramley is a popular suburb of Leeds located 4 miles west of the city centre. It has plenty of local amenities including schools, supermarkets, gyms etc and the property is located only 400 metres from Bramley Train Station.
Any interested parties should be aware that the tenant in flat 1 has been paying £500 pcm for the last year (via verbal agreement with the landlord) as he has been serving as a caretaker at the property.
Rooms
ACCOMMODATION
Lower Ground Floor
Cellar
Ground Floor
Flat 1 - Living/kitchen area, bedroom and shower room
First Floor
Flat 2 - Living room, kitchen, bedroom and shower room
Second Floor
Flat 3 - Living room/bedroom, kitchen and shower room
Additional Information
Council Tax
Leeds city council - Band A (each flat)
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.
Searches £240 inc VAT
Disbursements
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.
Guide Price
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.
Property information from this agent
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Broadband availability and predicted speed: obtained from Ofcom on January 17, 2024
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 17, 2024
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Clear: No bars, no signal predicted
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Energy Performance data and Internal floor area
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