House For Sale £120,000
This large through terrace, configured as 7 x studios will appeal to landlords looking for a high yield. Fully let, the property is currently generating an income of £24,840 per annum which equates to a return of over 20% based on the guide price. The building has been managed and well maintained over the years by the current owners. Each studio has its own shower room, separate kitchens and built in furniture/storage. Separately metered, the tenant pay for their own electricity bills.
The property is located in the Selective licencing area of Beeston, approximately two miles south of Leeds city centre.
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
Lower Ground Floor
Studio 7
Ground Floor
Two Studios, both with a kitchen and shower room. Studio 7's kichen and shower room.
First Floor
Two Studios both with a kitchen and shower room
Second Floor
Two Studios both with a kitchen and shower room
Charges And Payments
In addition to the deposit
Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.
Dispersments
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.
The property is located in the Selective licencing area of Beeston, approximately two miles south of Leeds city centre.
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
Lower Ground Floor
Studio 7
Ground Floor
Two Studios, both with a kitchen and shower room. Studio 7's kichen and shower room.
First Floor
Two Studios both with a kitchen and shower room
Second Floor
Two Studios both with a kitchen and shower room
Charges And Payments
In addition to the deposit
Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,200 inc VAT.
Dispersments
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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