*Guide | £725,000 (plus fees)
- Block of Apartments
Call the team on 0113 393 3482 for more information
This is a large investment opportunity for someone seeking to add to their rental portfolio. The units are as follows: No. 14 – Four Bedroom House No.16 – Four Bedroom House – 1 bedroom tenanted at £475pcm No.18a – Two Bedroom Flat to 1st and 2nd floor – Tenanted at £1,170pcm (vacating prior to auction) No. 18b – Two Bedroom Flat to Ground Floor – Tenanted at £1,000pcm No. 20a – Two Bedroom Flat to 1st and 2nd floor – Tenanted at £1,200pcm No.20b - Two Bedroom Flat to Ground Floor – Tenanted at £1,100pcm No. 22 - Four Bedroom House In total, it is currently generating £59,340pa, but there is plenty of opportunity to grow this income. We have been able to access most of the properties, and the ones we have seen do require cosmetic improvement throughout. There is also off street parking to the front for residents and shared gardens to the rear. It’s located in Headingley, a popular location for students and young professionals in North Leeds. It’s got regular bus routes to Leeds city centre, and plenty of amenities can be found in within Headingley. We do not believe that the properties have a HMO licence or C4 planning, however buyers are advised to do their own research in this regard. The attention of potential purchasers is drawn to the fact that the property may not comply with planning requirements. Potential purchasers should review the addendum which is within the auction pack for further details There are 5 freehold titles, including a piece of land, which have discrepancies with the boundary lines. Please see the auction pack and make your own enquiries regarding this.
ACCOMMODATION
Please refer to the property description and floorplan
Additional Information
Council Tax
Leeds City Council
EPC Ratings
14 = C 16 = D 18a = D 18b = D 20a = D 20b = D 22 = D
Tenure
Freehold
Charges and Payments
In addition to the deposit Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT. Buyer’s Premium: £1,200 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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Floor Plans
Click the image to view the full-sized floorplan.
