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.

Tenure

Freehold

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.

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.