This one bedroom basement apartment is sure to appeal to buy-to-let landlords looking to add to their portfolio. The property is currently rented and producing an income of £550 per month meaning it will produce a gross rental yield of over 20% based on the guide price. Service Charge: £1,000 per annum Length of Lease: 999 years from 1 January 2007 Ground Rents: £400 per annum
Lower ground floor
Entrance hallway, living/kitchen area, bedroom, bathroom
Additional Information
Council Tax
Leeds city council - Band A
Tenure
Leasehold
Disclaimer
Any information in relation to the length of lease, service charge, ground rent 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 and 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. Search Fees: £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.