This 'classic studio' is let for the current academic year (ending in July 2023) and is producing an income of £5,625 during this period. This equates to a gross return of more than 16% based on the guide price. The studio itself offers compact living accommodation with open plan living / sleeping area, kitchenette and a separate shower room. Occupants also benefit from a large communal lounge, laundry facilities, secure cycle storage and landscaped gardens. We have been advised by the seller that rents are increasing to £140pw / £6,300pa and to 46 weeks of the year, rather than 45. St Anns Lodge couldn?t be closer to the action. Located in the thriving student district of Headingley, this beautiful converted lodge offers the best Leeds student life has to offer with a number of bars, restaurants and train station just a short walk away. Leasehold Information: 150 years from January 2012. Details on Service Charge and Ground Rent will be updated once the legal pack is received.

Ground Floor

Studio with shower room.

Externally

Car park and communal gardens.

ADDITIONAL INFORMATION

Tenure

Leasehold.

Disclaimer

Any information in relation to the length of lease, service charge, ground rent and council tax has been confirmed by our sellers. We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change

Charges & 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.

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.