This spacious two bedroom two bathroom penthouse apartment is sure to appeal to any investors looking for a high yielding city centre investment. At present, the property is let and generating £15,000 per annum although we have been advised the tenant has served notice and is expected to vacate in November. The property occupies a fantastic location in heart of Leeds city centre with the balcony enjoying views over the beautiful Corn Exchange below. Any interested parties should be aware that there is some damp in the property which is thought to be because of a roof leak. This is an issue that any purchaser would need to address with the management company and are expected to do their own research in this regard prior to bidding. Length of lease - 980 years unexpired Service charge - £600 per quarter (approximate figures from the seller) Ground rents - £150 per annum Insurance - £600 per annum Please note: A 3 week completion applies to this lot and the buyer will be required to pay the exchange deposit from cleared funds.

SECOND FLOOR

Living room/kitchen, two bedrooms and bathroom.

ADDITIONAL INFORMATION

Council Tax

Band E.

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 £1,500 inc VAT. Searches £240 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.