For Sale By Auction | 12:00, 14 May 2025

97 Spen Lane, Leeds , West Yorkshire LS16 5EL

*Guide | £75,000 (plus fees)

  • Apartment
  • 1 Bedroom
  • Tenure: Leasehold.

Call the team on 0113 393 3482 for more information

Auction Date

Wed 14/05/2025

Auction Time

12:00

Auction Venue

Live Stream

This one bedroom first floor apartment is offered for sale via traditional auction. The property is currently tenanted generating a gross rental income of £6,900 per annum, reflecting a 9.2% gross yield return based on the guide price. This would make a great addition to a rental portfolio. The property offers access to local shopping and travel link to Leeds city centre and the university. Leasehold information: Lease length - 125 Years from 16th July 1990 Ground Rent - To Follow Service Charge - To Follow

Tenure

Leasehold.

Ground Floor

Porch entrance.

First Floor

Lounge, kitchen, bedroom and sunroom.

ADDITIONAL INFORMATION

Council Tax

Band A.

EPC

Rating D.

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: 1.2% 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.