Four-bedroom, four bathroom end terrace property offered for sale via auction. Currently tenanted to four professionals on individual tenancy agreements generating a gross rental income of £25,740 per annum reflecting over a 15.5% gross rental yield based on the guide price. This property would be a great additional to a buy to let portfolio. Additionally, the property has approved C4 planning permission for it to be used as an HMO. Please refer to Leeds planning portal for more information - 18/07657/FU Each bedroom has its own private bath or shower room, workstation with fridge, double bed, two-seater sofa, coffee table, wardrobe and drawers. The house is also fitted with a fire alarm system, smoke detection, fire doors and emergency lighting. Mitford place is a great location for professional renters. Being so close to Leeds City Centre (1.7 miles to walk) and Bradford, along with great transport links means the location is ideal for many. Please note that the tenancy agreements reflect the monthly rental payments are inclusive of bills, additionally the property is being sold with the furniture included.
Ground Floor
Kitchen/diner, bedroom with ensuite.
First Floor
Two bedrooms (one with ensuite) and house bathroom.
Second Floor
Lounge and bedroom with ensuite.
ADDITIONAL INFORMATION
Council Tax
Band A.
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 £300 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.