Call the team on 0113 393 3482 for more information
This two bedroom second floor apartment is offered for sale via traditional auction. The property is currently tenanted generating £7,800 gross rental income per annum, this reflects a 20.8% yield return based on the guide price. This would be a great addition to a rental portfolio. The property enjoys a pleasant position in central Morley and is within walking distance of Morley Centre. Offering close links into Leeds City Centre, good amenities , train station, bus services and great motorway connection. Leasehold information: Length of lease - 99 Years from January 2006 Ground Rent - £500 per annum Service charge - A contribution is to be made to works required in the communal areas as and when required.
Second Floor
Lounge/kitchen area, two bedrooms and a bathroom
Additional Information
Council Tax
Leeds City Council - Band A
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 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.
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.