No longer on the market
This property is no longer on the market
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Floorplan
Map4 bedroom terraced house
Key information
Features and description
- For sale by auction on the 11th September 2024
- Guide price £160,000
- Terrace property separated into 4 apartments
- 3 out of the 4 flats currently occupied
- Generating £21,315 per annum
- Great addition to an investor’s portfolio
Video tours
Three of the four apartments are currently occupied generating a gross rental income of £21,315 per annum. Similar apartments to the vacant basement apartment have been achieving in the region of £650pcm meaning a fully occupied property could generate in the region of £29,000 gross rental income, per annum. This would reflect over an 18% return based on the guide price making this a great addition to a rental portfolio.
Situated in Beeston in south Leeds, the property is perfect for commuters as it has close transportation links to get you into the city centre.
Rooms
ACCOMMODATION
Lower Ground Floor
Lounge, kitchen, bedroom and bathroom
Ground Floor
Lounge/kitchen area, bedroom and shower room
First Floor
Lounge/kitchen area, bedroom and shower room
Second Floor
Lounge/kitchen area, bedroom, shower area and WC
Additional Information
Council Tax
Leeds city council
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 £300 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.
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