2 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold
- 12% Gross annual yield
- Tenanted 800 PCM
- Leasehold 107 years
- Mid-floor apartment
- Leeds city centre
- Purpose built block
- Six week completion
- Auction 24 May 2024
Auctioneers Comments: 'This Lot offers investors the opportunity to acquire a modern, purpose-built property with immediate cash flow, making this Leeds city centre apartment an attractive proposition.'
Auction date
The property is to be sold by public auction on Friday, 24 May 2024, via a 2-hour online bidding window.
Description
Two bedrooms, purpose-built, 525 SQFT, tenanted, £775 PCM
Outside
Communal areas
Location
Leeds city centre, Yorkshire, 1.3 miles to Leeds railway station
Accommodation
Mid-floor: two bedrooms, bathroom, kitchen/living room
EPC rating
B
Tenure
Leasehold
125 years from 1 June 2005
Local authority and council tax band
Leeds City Council
Council tax band: C
Pre-auction bids
To make a pre-auction bid, you must be an approved bidder. Once you have set up your online bidding account, verified your ID and paid the security deposit, you can email the amount you would like to bid. The common auction conditions and special conditions apply to all pre-auction bids, and no conditions will be acceptable. Should your pre-auction bid be accepted, you will need to immediately pay the balance of the 10% deposit (min. £5,000) and all auction fees listed. The Auctioneer reserves the right to refuse any bid.
Auction fees
In addition to the 10% deposit (min. £5,000) of your winning bid, you must pay an auction buying commission of 2% plus VAT (min. fee of £2,100 plus VAT) of the purchase price and auction buying fee of £1,900 plus VAT. Please be aware that additional fees may be payable on completion, including disbursements in the legal pack. Check the legal pack for each lot you are interested in before bidding.
Property information from this agent
Places of interest
Higgins Drysdale National Property Auctions - Chichester
104 Shippam Street Chichester, West Sussex PO19 1AY
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Property reference 245887. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Higgins Drysdale National Property Auctions - Chichester.
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Broadband availability and predicted speed: obtained from Ofcom on June 10, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on June 10, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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