This double fronted terrace, close to Leeds city centre, was divided into units many years ago. There is currently 1 x one bedroom flat, 1 x studio and 2 x bedsits which share a bathroom. The property is fully let generating an income of £19,418 per annum. This equates to a whopping return of more than 17% based on the guide price. Two of the current tenants are longstanding and have lived in the property since 2014 and 2016 respectively. Each unit has its own electronic pre-pay electricity meter with the landlord being responsible for the water bill and council tax (on the bedsits only). The current owners have advised us that they work closely with the council to ensure their units conform to the necessary standards. The EPC ratings for the units are C, C, C and D having had the external insulation installed.

Lower ground floor

Cellars to basement

Ground floor

Hall, Bedsit 1 and Bedsit 2

First floor

Flat 3 Landing, Living Kitchen, Bedroom and 2 Shower Room

Second floor

Flat 4 Living/Bedroom, Kitchen and Shower Room

Additional Information

Council Tax

Leeds city council - Tax band A

Tenure

Freehold

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.

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.