This one bedroom ground floor apartment is surely one to add to a rental portfolio. The property is located in central Morley, positioned immediately behind the main high street making it convenient for tenants. Accommodation comprises hallway, living kitchen, bedroom and shower room. Some improvements will be needed before the property is re-let. The potential yield on this property could reach 10% which is very strong for the area. According to Rightmove, at the time of writing, this was the cheapest property for sale in the whole of LS27! Lease - 999 years from January 2006. Please refer to the legal pack for information regarding service charge and ground rents. 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
Leasehold
Ground Floor
Living/Kitchen, a bedroom and a 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
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.
Local Authority
Leeds City Council
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.