House For Sale £600,000
This substantial semi-detached property was converted into 8 flats (1 x 2 bed, 6 x 1 bed and 1 x studio) many years ago and is sure to appeal to both investors and developers looking to increase their income and possibly develop further in line with number 258 next door. As you can see from the photographs, a number of the flats have been improved in recent years although some would still benefit from modernisation and refurbishment.
At present, five of the eight flats are let generating £21,720pa with six garages to the rear let on separate AST's and generating an additional £1,958pa.
The flats are all separately metred with the majority having both gas and electricity.
The property is located in the popular North Leeds suburb of Moortown and is just a short distance from the many shops and amenities located on Harrogate Road.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Accommodation
Ground Floor
Flats 4,5 and 6.
First Floor
Flats 1,7 and 8.
Second Floor
Flats 2 and 3.
Externally
Parking to the front with gardens and six garages to the rear.
Charges & Payments
In addition to the deposit
Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1200.00 inc VAT.
Search Fees: £240 Inc VAT
Disbursements: Any additional disbursements payable by the purchaser are yet to be confirmed by the vendors 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.
At present, five of the eight flats are let generating £21,720pa with six garages to the rear let on separate AST's and generating an additional £1,958pa.
The flats are all separately metred with the majority having both gas and electricity.
The property is located in the popular North Leeds suburb of Moortown and is just a short distance from the many shops and amenities located on Harrogate Road.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
Accommodation
Ground Floor
Flats 4,5 and 6.
First Floor
Flats 1,7 and 8.
Second Floor
Flats 2 and 3.
Externally
Parking to the front with gardens and six garages to the rear.
Charges & Payments
In addition to the deposit
Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1200.00 inc VAT.
Search Fees: £240 Inc VAT
Disbursements: Any additional disbursements payable by the purchaser are yet to be confirmed by the vendors 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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