This two bedroom back to back terrace has been occupied by the same tenant for almost six years and is currently generating an income of £6,300 per annum paid directly from the Council. That's a return of more than 10% when based on the quoted guide price. The property is located in Armley and is just 1.6 miles from Leeds city centre. Auction House have not inspected the property internally and regret that no viewings will be taking place prior to the auction.

Tenure

Freehold

Ground Floor

Living room and kitchen

First Floor

Bedroom and bathroom

Second Floor

Bedroom

Charges and Payments

In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,080 inc VAT. Search Fees: £200 Inc VAT.

Local Authority

Leeds City Council

Additional Fees

Administration Charge - See above

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.