Studio Flat For Sale
£78,000
Bedford Chambers, 18 Bedford Street, Leeds, West Yorkshire
Description
FOR SALE VIA ONLINE AUCTION ON TUESDAY 6TH OF JUNE 2023!
Tenanted studio apartment located in the heart of Leeds City Centre. Currently rented under a management agreement the property, the property is generating an income of £9,600 per annum. This offers any buy to let landlord an appealing gross rental yield of over 12% based on the guide price. Auction House have also been advised that this management agreement also states that ground rents and service charges are currently being paid by the Manager. Auction House have been unable to inspect the property in person and are using marketing photos from 2021.
Lease 111 years remaining
Ground rent - £250 per annum
Service charge - £924 per annum