12 bed Flat For Sale £700,000
Park View Court Flats Portfolio, Street Lane, Roundhay, Leeds LS8

Summary
For sale via the Modern Method of Auction is this excellent portfolio of 6 x 2 bedroom flats in a prime north Leeds location on the ever popular Street Lane in Roundhay. From here it's a stone's throw to a range of excellent independent retailers, café's restaurants, and pubs. These spacious flats are already tenanted generating an income of approximately £48,000 per annum. Rental potential can be increased greatly with further modernisation and improvements, should the successful buyer wish to invest further. Tenant demand for these properties is extremely high year round.

Park View Court lies just 4 miles north of the centre of Leeds. A main bus route on Street Lane provides frequent and convenient public transport link to the city centre and beyond. Each flat provides spacious accommodation with double glazed windows, gas or electric storage heating, a phone entry system, off street parking, and communal maintained gardens.
Auctioneer comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.

This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements
The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Leasehold details

Lease terms: 999 year leases
Service charge: £100 per month per unit
Ground rent: £15 per annum per unit

2 park view court, street lane, roundhay, leeds, LS8 1BS
A spacious 2 bedroomed flat. This is ideal accommodation for professional couples or for 2 to share.

Entrance porch

Lounge 5.21m x 3.63m

Kitchen 3.64m x 2.19m

Bathroom 2.73m x 1.98m

Bedroom 4.36m x 3.41m

Bedroom 3.64m x 2.51m

Currently let on a periodic tenancy at £640pcm

5 park view court, street lane, roundhay, leeds, LS8 1BS
This is a spacious and beautifully finished 2 bedroomed first floor flat which has been very well maintained throughout with excellent finishes such as granite work surfaces and a travertine tiled bathroom. This is ideal accommodation for professional couples or for 2 to share.

Entrance porch

Lounge
Spacious (26 feet long) lounge with dining area and large double aspect windows.

Kitchen
Having contemporary cream base and wall units, tiled splashback and black granite work tops.

Bathroom
Fully tiled with cream travertine wall and floor tiles, white suite, and shower attachment over the bath.

Bedroom

Bedroom

Gas central heating

Currently let on a fixed term tenancy until at least 30 August 2021 £695pcm

9 park view court, street lane, roundhay, leeds, LS8 1BS
This deceptively large 2 bed 1st floor apartment

Lounge 5.23m x 3.61m
A large lounge and dining space featuring a large window overlooking the communal garden. Wood effect laminate flooring.

Kitchen 3.05m x 2.38m
A generously proportioned, partly tiled kitchen compromising granite effect work top, newly painted wooden units.

Bathroom 2.73m x 1.98m
Modern white suite with shower over bath and vinyl flooring.

Master bedroom 4.36m x 3.35m
Spacious master bedroom overlooking the communal garden with a range of fitted wardrobes.

Bedroom 3.69m x 2.51m
Double glazing throughout. Electric heating. Off street parking provided at the front of the property

Currently let on a periodic company tenancy at £695pcm

12a park view court, street lane, roundhay, leeds, LS8 1BS
This is a spacious 2 bedroomed flat. This is ideal accommodation for professional couples or for 2 to share.

Entrance porch

Lounge 5.21m x 3.63m

Kitchen 3.64m x 2.19m

Bathroom 2.73m x 1.98m

Bedroom 4.36m x 3.41m

Bedroom 3.64m x 2.51m

Gas central heating

Currently let until 28 February at £650pcm

17 park view court, street lane, roundhay, leeds, LS8 1BS
A 2 bedroomed 1st floor flat featuring two good sized double rooms, this property is perfect for a couple or two sharing. A garage comes with the purchase of this flat, although we are advised the garages at the development are somewhat dilapidated and may require repair or removal by the management company and that this is currently under review.

Lounge 4.85m x 5.38m
A large, bright space featuring a large window overlooking the communal garden. Wood effect laminate flooring.

Kitchen 1.99m x 2.82m
A generously proportioned, partly-tiled kitchen having granite effect work tops, recently fitted contemporary cupboards.

Bathroom 2.08m x 1.91m
Modern white suite with shower over bath and vinyl flooring.

Bedroom 3.97m x 3.52m
Overlooking the communal garden and incorporating a range of fitted wardrobes.

Bedroom 3.04m x 2.52m
Small double bedroom, perfect for use as a spare bedroom or office.

Double glazing throughout.
Single garage

Currently vacant, last let at £695

20 park view court, street lane, roundhay, leeds, LS8 1BS
2 bedroom 1st floor flat

Lounge 5.02m x 5.31m
A large, bright space featuring a large window overlooking the communal garden. Wood effect laminate flooring.

Kitchen 1.99m x 2.82m
A generously proportioned, partly tiled kitchen compromising granite effect work top, newly painted wooden units.

Bathroom 1.99m x 1.91m
Modern white suite with shower over bath and vinyl flooring.

Bedroom 3.97m x 3.52m
Spacious bedroom overlooking the communal garden with a range of fitted wardrobes.

Bedroom 3.04m x 2.52m

Double glazing throughout.

Currently let on a periodic tenancy at £625pcm