House For Sale £140,000
This large terraced property was divided into five studios many years ago and is sure to appeal to those searching for a high yield. Each of the units has a selective license which can be found in the legal pack. The property is currently fully let generating an income of £30,053 per annum. This equates to a whopping 21% return based on the quoted guide price. Each of the studios is self contained, has a kitchenette, shower room and its own card operated electricity meter. Located in Beeston, the property is just 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
Ground Floor
Communal Hall. Room 1 and shower room. Room 2, kitchen and shower room.
First Floor
Landing. Room 3 and shower room. Room 4, living kitchen, bedroom area and shower room.
Second Floor
Living bedroom, 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.
Buyer’s Premium: £1,200 inc VAT.
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.
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
Communal Hall. Room 1 and shower room. Room 2, kitchen and shower room.
First Floor
Landing. Room 3 and shower room. Room 4, living kitchen, bedroom area and shower room.
Second Floor
Living bedroom, 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.
Buyer’s Premium: £1,200 inc VAT.
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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