This spacious first floor two bedroom two bathroom apartment is currently let and generating an impressive annual income of £13,440. Based on the quoted guide price this equates to a gross return of almost 10%! The apartment is within a beautiful grade II listed building and occupies a fantastic location off Otley Road between Headingley and Hyde Park just 1.5 miles from Leeds city centre. The current owners have difficulties establishing the owners of the freehold in recent years although maintenance charges of £1,300 were paid last year. Further information regarding this situation will be provided within the legal pack. Lease ? 250 years from 31.03.2004 Service Charge - £1,300 paid last year Ground Rent ? Unknown
First Floor
Open plan living room and kitchen, two bedrooms and two bathrooms.
ADDITIONAL INFORMATION
Council Tax
Band D.
Tenure
Freehold.
Charges & Payments
In addition to the deposit Administration Charge: 0.9% inc VAT of the purchase price subject to a minimum of £1,500 inc VAT. Searches £240 inc VAT
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.